Emaar Middle East commences construction of second residential village in Al Khobar Lakes

Published March 14th, 2010 - 03:05 GMT

Emaar Middle East, a subsidiary of global property developer Emaar Properties PJSC, developing Jeddah Gate, Emaar Residences at the Fairmont Makkah and Al Khobar Lakes in Saudi Arabia, has awarded the construction contract for the first phase of Al Ghadeer Village, the second residential cluster in Al Khobar Lakes, to Building Construction Company (BCC). Site grading work is in progress, and construction of the villas will commence shortly.

Emaar Middle East has already made strong progress in the construction of Al Nada Village, the first residential village launched to overwhelming customer and investor response. Work on the first phase of homes in Al Nada is nearing completion.

Dr Dia Malaeb, Regional CEO of Emaar Middle East, said: “The progress achieved by Emaar Middle East projects in Saudi Arabia highlight the focus of Emaar on project completion and hand over. Across Emaar’s geographic footprint, the company has been pioneering lifestyle community developments that also partner in the socio-economic growth of the region. Emaar Middle East is driving the same growth momentum with its developments in the Kingdom through partnerships with renowned contractors and consultants.”

Eng. Ahmad Al Kulli, General Manager of Emaar Middle East said: “Al Khobar Lakes highlights the world-class standards that Emaar brings to the Kingdom. With Al Nada Village, the first of the residential villages in the community nearing completion, we are now focusing our energies on commencing work on the first phase of Al Ghadeer Village. The construction contract to BCC, which has proven competencies in ensuring the highest standards in build quality, highlights our commitment to product delivery on schedule.”

Al Ghadeer Village is located on the north-east side of the project, and is spread over an area of over 217,910 sq m. It will feature 232 residential units in sizes ranging from 275 to 500 sq m. All the villas have private fences to ensure the privacy of residents, and a well-knitted street system connects the villas through pedestrian walkways.

Al Ghadeer also features green and open spaces sprawling over 8,500 sq m, and the community is anchored by a lake of area 14,000 sq m and a mosque. Residents can access project amenities that include mosques, educational complexes, a shopping centre, community centres, coffee shops & restaurants, healthcare facilities and other amenities.

Al Khobar Lakes, a multi-billion dollar project by Emaar Middle East, is a luxury lakefront development set on 2.6 million sq m featuring 80,000 sq m of serene water bodies. It features more than 2,000 private villas with retail and leisure amenities that are perfect for family living.

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