JEDDAH — King Abdullah Economic City (KAEC) announced the launch of 220 spectacular villa land plots at the Beach Community (BC) in the prestigious Al-Murooj district, an upscale living solution to the aspirational needs of today's affluent Saudis and investors. The sales events will be held at the Jeddah Hilton Hotel on April 9-12 and in Riyadh at Al-Faisaliah Hotel on April 16-18, 2015. The Beach Community is located directly on the clear waters of the Red Sea and adjacent to the new 18-hole championship golf course “Royal Greens”. The community is spread over 280,000 square meters and when completed will provide an unmatched luxury beachfront lifestyle. BC offers 220 villa land plots for sale with an average plot area of 900 square meters. In addition, purchasers are provided free-of-charge a choice of 20 pre-approved villa plans in Arabian and Spanish architectural styles that characterize the community as a distinctive Mediterranean-type luxury coastal resort. Designed by best-in-class master planners and engineers, the community has been developed in such a way that it offers buyers a choice of villa plots directly on the beach itself or with stunning sea views throughout.
Fahd Al-Rasheed, Group CEO and Managing Director of KAEC, said: “The Beach Community will be yet another offering from King Abdullah Economic City that fulfills the increasing demand for high-end residential properties set within a community that provides all the amenities expected by affluent Saudis for a luxury lifestyle.”
He added: “The secured gated community is designed for upscale living with spectacular sea views and lush landscaping. Our objective is to provide our investors and residents with a unique lifestyle that meets their aspirations and one that is on par with international best standards of luxury and prestige.”
Charles Biele, CEO, Residential Development in KAEC, said: “The Beach Community represents the final beach front community in the prestigious Al-Murooj District and is an opportunity not to be missed. BC is indeed a sound investment with long-term returns. The villa plots have a very attractive starting price of SR 888,888 spread over four years and the handover is expected to commence in 2017.” He added: “BC will enable residents to actually live in a beachfront community in very close proximity to the extensive range of lifestyle amenities including a variety of waterfront dining options, retail shops, parks, health clinics, schools and mosques. For those seeking an active and healthy lifestyle, KAEC is building the Kingdom's most unique sports and leisure facility as well as the recently announced “Royal Greens” Golf Course and Clubhouse which are presently under construction.”
Strategically located in the heart of KAEC, Al-Murooj district is the most prestigious of KAEC's Coastal Communities spread over 4.9 million square meters. The district consists of three focal areas: The Beach Community, the Golf Communities and Manazel Al-Murooj. — SG
