JEDDAH GATE
GATEWAY TO LUXURY
Tis SR six billion mixed-use project is set to energise Jeddah and will serve as the centre of the city’s new downtown. Cityscape magazine reveals more
Te modern residential complex is being developed by Emaar Middle East (EME) – a subsidiary of global property developer Emaar Properties PJSC – and it’s set to include 6,000 residential units, 75,000 sq metres retail space and Abraj Al Hilal, three high-rise residential buildings. Te multi-billion dollar project won the “best residential project (future)” and “best urban design and master planning” at Cityscape Jeddah last year. According to engineer Ahmed Al Kulli, general manager, Emaar Middle East, the response to the development has so far been strong from investors and particularly end-users who Ahmed Al Kulli says consider Jeddah Gate as an ‘affordable and quality residential offering.’ EME is a joint venture between Emaar Properties and Al Oula Real Estate
T
Development Company. Recently EME, has embarked on a number of high value projects in the Kingdom of Saudi Arabia. Te rapid growth of the real estate sector has allowed the company to expand its portfolio into multiple business activities of diversified nature from master planning and development of mixed-use developments, to property investment and facilities management and maintenance.
he creators of Jeddah Gate say it will offer luxury at affordable levels and will appeal to customers who are looking for a world- class residential development offering various lifestyle amenities.
Ahmed Al Kulli says Jeddah Gate will ‘energise the city’ by creating a new
downtown destination that offers all lifestyle amenities including hotels, community centres, commercial offices and retail centres. “It will create new jobs for Saudis and also support ancillary industries in all core growth sectors – from education to retail, trade, and hospitality. It will also contribute to addressing the demand for world-class homes in the city contributing to creating a sustainable and prosperous living environment for Jeddah.” In close proximity to the railroad link between Jeddah and the Holy Cities of Makkah and Madina, Jeddah Gate features several residential units; office space and 75,000 sq m of gross leasable area for retailers. Te community includes schools, mosques, community centres, outdoor plazas, pedestrian walkways, gardens and waterscapes, swimming pools, fitness centers, children’s play areas, day care centers and recreational areas. Top-end retailers and several food and beverage outlets will function in close proximity to the towers. Tis master-plan development will have two main sites. Te first will be located along King Abdullah Road and has an area of 413,0000 sq m. Te second is located along Abdullah Al Suleiman Street and spread over 140,000 sq m. It is in close proximity to the main railroad linking the two Holy Cities. Te project will have residential
20 I CITYSCAPE I JUNE 2011
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