Emaar, The Economic City records overwhelming customer response to Esmeralda Suburb

Jeddah, Saudi Arabia; May 27, 2008: Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC) has recorded overwhelming customer response to the launch of Esmeralda Suburb, the first town house and golf community in KAEC. During the three-day sales event, 95 per cent of units offered for sale were sold, and following sustained customer response, Emaar.E.C opened registration for the second phase of the residential community. 

Emaar.E.C had hosted a special sales event at Hilton Jeddah to highlight the Esmeralda Suburb lifestyle. The family-event showcased the various facets of living within the golf community including access to a world-class golf course, leisure & retail amenities and a community centre.

Mr Sami AlHalabi, Acting Executive Director – Commercial, Emaar.E.C, said: “The overwhelming customer response to Esmeralda Suburb highlights the superior quality of design of the townhouses and the competitive pricing structure, which creates great value for early customers. Emaar.E.C has been able to offer price advantage to customers through intelligent design and architectural components.”

He added: “The strong and sustained customer enquiries prompted us to open registration for the second phase of Esmeralda Suburb, which will be launched shortly ahead of schedule. The homes will be handed over in 2010 and will be a vibrant lifestyle destination within KAEC.”

Esmeralda Suburb features three- and four-bedroom villas ranging in size from 300 to 400 sq m. Sprawling over 160,000 sq m, the community is integrated into a world-class golf course. The villas are placed in clusters of 2, 4, 6 and 8 thus offering greater privacy for residents. All homes have modern finishes and fittings, and feature elegant gardens, walkways and car parking space. They are in close proximity to a community and retail centre with advanced health & fitness facilities, children’s play area and food & beverage options. 

Potential customers can call toll-free number 8001180010 or visit our website www.esmeraldalife.com for more information on Esmeralda Suburb. 

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.