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Emaar wins Cityscape award for Jeddah project

Jeddah, June 12, 2011

Property developer Emaar Middle East has won the ‘Commercial, Office & Retail Project Award - Future’ for its Jeddah Gate development at Cityscape Jeddah 2011, the premier property expo.

The company was recently honoured with the ‘Leader in Real Estate’ award at the Arab Investment Summit 2011.

Jeddah Gate is a mixed-use project spread over approximately half a million sq m in Jeddah's new downtown. The SR2.9 billion ($773 million) project will serve as a centrepoint for the city's new downtown. Jeddah Gate is in close proximity to the main railroad linking the two Holy Cities of Makkah and Madina to Jeddah.

When completed, Jeddah Gate will have over 100,000 sq m of spacious office spaces and over 30,000 sq m of gross leasable retail space, thus strengthening the local economy. The first homes in Jeddah Gate in the Abraj Al Hilal, a cluster of three high-rise residential towers, will be handed over shortly.

Emaar Middle East is showcasing Jeddah Gate, Al Khobar Lakes and Emaar Residences at the Fairmont Makkah at Cityscape Jeddah, being held until June 13 at the Jeddah Center for Forums and Events.-TradeArabia News Service




Tags: UAE | property | real estate | Exhibition | Cityscape | Housing | Emaar Middle East |

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