KING ABDULLAH ECONOMIC CITY LAUNCHES LUXURY VILLAS IN THE GOLF COMMUNITY 2 IN JEDDAH AND RIYADH VENUES

4143In continuation of the development of King Abdullah Economic City and in response to the growing demand for real estate and residential lands, King Abdullah Economic City (KAEC) has announced the sales launches of 147 luxury villas in Al Murooj Golf Community 2 . The sales events will be held at the Jeddah Park Hyatt Hotel from 22-24 September 2014 and in Riyadh at Al-Faisaliah Hotel from 27-29 September 2014.

Commenting, Mr. Fahd Al-Rasheed, Managing Director and CEO of KAEC, said: “We are enjoying a boom in the development of real estate projects at King Abdullah Economic City fuelled by increasing demand for prime residential properties and land plots for building.” “The prestigious Golf Community 2 has been developed to provide a high quality environment designed to meet the needs of today’s affluent Saudis who aspire to a luxury lifestyle supported by technologically advanced infrastructure and world class amenities.”

The Golf Community 2 will be offering six types of villas with a choice of three, four or five bedrooms that will have unmatched views of our new 18-hole championship golf course “Royal Greens”. A number of villas will also enjoy views of both the Red Sea and the golf course lakes. The villas feature Spanish and Mediterranean inspired architecture and generous sized rooms perfect for entertaining family and friends. The gated community has an unmatched location within KAEC with The World Academy, Dr, Soliman Fakeeh Clinic, Panda, the Golf Clubhouse along with the Sports Center, parks, and the beaches of the Red Sea all within walking distance. All of the villas are already under construction with the first delivery of units scheduled for Q4 of 2015. In addition we will be offering a relaxed payment plan to ensure affordability for those wishing to take advantage of this unique lifestyle opportunity.

Strategically located in the heart of KAEC, Al Murooj district is the most prestigious of KAEC’s Coastal Communities, spread over 4.9 million sqm. The district consists of three focal areas: Al-Manazel, the Beach Communities and the Golf Communities





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