Emaar, The Economic City records strong response to sale of Esmeralda Suburb townhouses in KAEC

Jeddah, Saudi Arabia; May 22, 2008: Emaar, The Economic City, the Tadawul listed company developing King Abdullah Economic City (KAEC), has recorded strong response to the launch of Esmeralda Suburb, the first townhouse and golf community in KAEC. Over 65 per cent of the units offered for sale were sold on the first day itself.

Emaar.E.C had hosted a festive event at Hilton Jeddah to launch the Esmeralda Suburb townhouses. The event was specially designed to give participants a true feel of the Esmeralda Suburb community and amenities. The sale is ongoing at Emaar.E.C’s Riyadh Sales Centre until the evening of Friday 23, May 08. 

Spread over 160,000 sq m, Esmeralda Suburb is a fully integrated neighbourhood with schools, retail centres, health & fitness facilities and a range of leisure amenities. All homes feature elegant gardens, walkways and car parking space. 

The villas are placed in clusters of 2, 4, 6 and 8, offering privacy for residents while assuring a sense of community living. Esmeralda Suburb townhouses come in various impressive architectural styles, and incorporate modern finishes and fittings. The homes will be ready for handover in 2010. Potential customers can call toll-free number, 8001180010 or log on to www.esmeraldalife.com for more details on the project.

Located on the Red Sea coast on 168 million sq m, KAEC has six components: the Sea Port, Industrial Zone, Central Business District, Educational Zone, Resort District and Residential Communities. Esmeralda Suburb is part of the Residential Communities. Contracts for Esmeralda Suburb are currently being awarded and work will start soon.