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| Jeddah Gate, a residential development by Emaar Middle East to be showcased at the upcoming Jeddah International Real Estate & Housing Exhibition |
Emaar Middle East, a subsidiary of Dubai realty giant Emaar Properties PJSC, will exhibit its SR6 billion (US$1.6 billion) mixed-use master-planned community in Saudi Arabia, 'Jeddah Gate', at the Jeddah International Real Estate & Housing Exhibition on March 3, 2008.
Eng. Alaa Abdullah Saed, Chief Executive Officer of Emaar Middle East, said: “Jeddah International Real Estate and Housing Exhibition is one of the prime property expos that highlights the emerging trends in the sector. As a meeting place of potential investors, the event serves as a perfect platform for us to showcase Jeddah Gate, particularly the first phase including the Abraj Al Hilal towers, which was launched to strong investor response.”
'Jeddah Gate' spans over half a million sq. m in Jeddah’s new downtown, and is regarded as a prime driver of the future growth of the area by creating a high-growth environment for homes, offices, retail, hospitality and leisure. Launched recently, Jeddah Gate has earned overwhelming investor interest. This real estate project in Saudi Arabia comprises 6,000 residenital units, 230,000 sq m of commercial space and 75,000 sq m of gross leaseable area for retailers.
