Business & Money | Tuesday 3 February, 2015 1:07 am |

After capping a historically successful year in 2014, King Abdullah Economic City is set to start the new year with a bang by showcasing its prestigious “Golf Community” land plots and villas. The luxury high-end residential offering is considered to be one of the most premium communities of the city. The exhibition for Golf Community properties will be held at the Jeddah Hilton Hotel February 5th-7th and in Riyadh at Al-Faisaliyah Hotel February 12th-14th, 2015.

Commenting, Mr. Fahd Al-Rasheed, Managing Director and CEO of KAEC, said: “Our successful launches in 2014 have left us with high expectations for this year. The prestigious Golf Community 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.”

Adding his comments, Mr. Charles Biele, CEO of Real Estate Development Company (RED) in KAEC said: “Golf Community in Al-Murooj district is our signature development. There is no other project in Saudi that brings together so many aspirational elements in one place. The exclusive gated community is surrounded by an 18-hole championship golf course with a 7-star clubhouse, as well as a unique family sports and leisure facility, plus nearby shops, an international school, and health clinic all within walking distance. The community features unmatched views of the greenest landscape in Saudi Arabia and the pristine, breathtaking beaches of the Red Sea. Golf Community is unique and unparalleled in offering the highest quality of living for customers in Saudi who do not want to make any compromises on lifestyle.”

Golf Community offers 147 villas that will have unmatched views of the new 18-hole championship golf course “Royal Greens”; which is being developed by the world’s best golf course designers. Residents in the Golf Community will enjoy an exclusive luxurious living, and benefit from a number of KAEC’s existing and future lifestyle elements including a variety of beach and marina waterfront dining options, retail, health care, highest quality schools, world class universities, and mosques. For those seeking an active and healthy lifestyle, on top of ‘Royal Green’ Golf course, KAEC is building the Kingdom’s most unique sports and leisure facility, the “Esmeralda Club” and “Juman Park”, a world class park for families to enjoy.

The villas are located in a gated community that offers maximum privacy and security, and boast of Spanish and Mediterranean inspired architecture designs. Villas start from SR 2.4 million payable over six years. In addition to the villas, buyers and investors can choose from 238 available plots, ranging from 700 m² to more than 1,000 m². Prices start at SR899K payable over four years and buyers will be provided a variety of villa plans free of charge.
Work on the community’s infrastructure is well underway. Royal Greens Golf and Country Club, the centerpiece of the district, is planned for completion in late 2015 while hand-over of the villas and plots is set for 2016.