Emaar EC hosts sale of KAEC homes in Dubai

DUBAI — Emaar, The Economic City (Emaar EC), the developer of King Abdullah Economic City (KAEC) in Saudi Arabia, is hosting a sale in Dubai of a collection of homes within the mega-project.

By A Staff Reporter

Published: Mon 14 Jul 2008, 12:38 AM

Last updated: Sun 5 Apr 2015, 12:49 PM

The sale on July 14, 2008, at Downtown Living Sales Centre is open only for GCC nationals and will offer a choice of villas, townhomes and apartments in Bay La Sun Village and Esmeralda Suburb, the two residential communities in KAEC that were launched to overwhelming investor response. A highlight of the sale will be the launch of two new apartment towers in Bay La Sun Boulevard Towers, a key part of Bay La Sun Village.

Bay La Sun Village is the first fully integrated residential village within KAEC, and Esmeralda Suburb is the first town house and golf community — both together featuring an elegant collection of villas, townhomes and apartments. Emaar.E.C had recently conducted a successful sales event for apartments in Bay La Sun Boulevard Towers in Dubai, and the current sale builds on the enthusiastic feedback received from customers.

Sami AlHalabi, Acting Executive Director — Commercial, Emaar EC, said: "The 168 million sq m King Abdullah Economic City on the Red Sea Coast is fast-emerging as the region's hub for high-growth economic sectors, and already, there are significant investments from investors in the GCC region including the UAE. The special sale in Dubai is being held for the convenience of GCC investors, who seek a world-class residence in KAEC."

He added: "The Bay La Sun Village and Esmeralda Suburb homes that are being showcased in Dubai give residents the convenience of being part of the first residential communities in KAEC. These are truly integrated communities with several lifestyle amenities in close proximity, and will appeal to the discerning customers.”

More news from Business
In-store shopping regains trust


In-store shopping regains trust

What is happening now is that as Covid-19 cases continue to decline, residents are regaining confidence in in-store shopping. This is according to a Kearney study in which UAE respondents cite convenience (51 per cent), enhanced shopping experience (49 per cent) and competitive pricing (44 per cent) as the main motivators driving them back to brick and mortar stores

Business5 days ago