Saudi KAEC economic city to exhibit residential units

KING Abdullah Economic City (KAEC) has announced that an exhibition of residential units located in Al-Waha district will be held on Oct. 20-22.

  
Main gate of King Abdullah City near Jeddah July 18, 2008. Image used for illustrative purpose.

Main gate of King Abdullah City near Jeddah July 18, 2008. Image used for illustrative purpose.

REUTERS/Susan Baaghil
23 October 2016

KING Abdullah Economic City (KAEC) has announced that an exhibition of residential units located in the award winning Al-Waha district will be held on Oct. 20-22 at the Jeddah Hilton Hotel. A wide variety of residential units will be available from studio apartments from SR299,000 plus one and two bedroom apartments, larger town homes, duplex villas, and four bedroom detached villas to accommodate all budgets and family sizes.

“We are delighted with the overwhelming success of Al-Waha, which has proven to be one of the most popular residential districts in KAEC,” said Fahd Al-Rasheed, Group CEO and managing director of KAEC. “We are committed to making homeownership possible for all Saudi citizens, which is a key part of the many contributions that KAEC is making towards realizing Saudi Vision 2030,” he added:”

Charles Biele, CEO of the Real Estate Development Company (REDCO) in KAEC said, “Al-Waha offers its residents, new state-of-the-art infrastructure along with best in class community facilities. Beautifully designed in a combination of Arabian, Moroccan, Spanish and Italian architectural styles, Al-Waha offers a wide variety of residential accommodations, including attractive and affordable studio and one-bedroom apartments that are specifically designed for first time buyers and newlyweds who want to purchase their own home. Al Waha is also highly desirable community for investors offering a promising opportunity for rental income along with capital gains yields.”

Al-Waha is a Cityscape award winning community, which fulfills residents’ desires for a modern lifestyle while maintaining its appeal as a peaceful and family-friendly environment with a variety of amenities including a community center with a residents’ clubhouse, a children’s play area, a swimming pool, and landscaped parks and walking areas to ensure a healthy and active lifestyle.

Al-Waha residents benefit from KAEC’s existing lifestyle elements including mosques, health care facilities, the highest quality schools, world-class universities, retail outlets, and a variety of beach and marina waterfront dining options.

Interested buyers are strongly recommended to enquire or register by calling 800 11 800 10 or visiting alwaha.kaec.net.

Located on the west coast of Saudi Arabia, King Abdullah Economic City is the largest privately developed city in the world, and approximately the size of Washington, D.C. King Abdullah Economic City is a fully integrated environment to work, live and play, connected by a major port and the national road and rail networks.

The mega project consists of: the coastal communities offering total housing solutions for all segments of society; King Abdullah Port which is being developed to be one of the largest ports in the world; the Hejaz district that includes the Haramain Railway station; and the Industrial Valley which is linked to the port and has signed with more than 110 leading national and international companies.

© The Saudi Gazette 2016

More From Construction