Namariq Residency — a jewel in the heart of KAEC

The launch of the Namariq project took place recently.
Updated 06 February 2018
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Namariq Residency — a jewel in the heart of KAEC

With the launch of its second accommodation complex in Saudi Arabia, Namariq has set the benchmark in the accommodation sector with its quality construction, state-of-the-art facilities and professional workforce.
Housed in the heart of the thriving King Abdullah Economic City, the Namariq project reflects a progressive spirit, which is in line with the Kingdom’s Vision 2030 toward a bright future.
The launch took place on Jan. 31, and was graced with the presence of VIPs, key businessmen and top executives from leading domestic and international companies, along with Ahmad Linjawi, deputy CEO of Emaar, and Abdul Aziz Al-Mohaimeedm, Emaar’s director general, real estate, municipality and urban planning.
The new Namariq Residency complex in KAEC is thoroughly designed and developed to house and serve employees and workers from all sectors with a single-minded vision — to provide better living to its inhabitants so that they are geared-up to deliver their jobs with optimum productivity.
CEO of Namariq, Hussein Hamed Fayez, said: “Namariq is focused and determined to develop a facility that reflects the industry’s best standards coupled with distinctive services.
The core is to have an accommodation facility for workers and employees from various walks of professions and provide them with a quality-led comfortable living. The company is geared-up to extend its hospitality services on large scale with a motive of becoming the most trusted name in the business.”
The vice president of King Abdullah Economic City, Ahmed Linjawi, described Namariq Residency as a true “jewel” in the heart of KAEC. He appreciated the overall concept and execution of the project with a special mention of the fact that quality is what has impressed him, and he believes that it is a very valuable investment that Namariq has made in KAEC.
The Namariq Residency at KAEC has an impressive capacity of accommodating more than 3,084 residents in the first phase. The facilities include a dining hall, housekeeping, laundry services, indoor and outdoor recreation, coffee shop, commercial shops, mosque, and a first aid clinic.


Ascott launches Festive50 offer in Jeddah, Turkey

Updated 21 October 2018
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Ascott launches Festive50 offer in Jeddah, Turkey

The Ascott Limited (Ascott) has announced a special offer across selected properties, in celebration of the festive season.

The Festive50 offer is available across Ascott’s Jeddah properties — including Ascott Sari Jeddah, Ascott Tahlia Jeddah, Citadines Al-Salamah Jeddah and Spectrums Residence Jeddah — as well as Somerset Maslak Istanbul in Turkey. Guests can enjoy 50 percent off their stay until the end of 2018. 

Properties are located close to various restaurants and attractions for travelers to enjoy. The serviced residences also provide guests with a range of facilities and amenities to further aid in their convenience, including fully equipped gymnasiums, swimming pools, lounges, restaurants, parking and meeting facilities.

Ascott Sari Jeddah is located among prominent shopping malls and the Jeddah corniche, a key attraction for visitors to the city. Various entertainment and lifestyle offerings are available in the vicinity, including the tallest fountain in the world, King Fahd’s Fountain.

Ascott Tahlia Jeddah is situated in the heart of the city, providing guests with easy access to many multinational companies, fashion boutiques, restaurants and cafés. 

Citadines Al-Salamah Jeddah, in the north of the city, is surrounded by a variety of culinary hotspots. Given the city’s close proximity to the Red Sea, guests are often spoilt for choice due to the number of top seafood restaurants in the area.

Spectrums Residence Jeddah, on Prince Sultan Road in the Al-Salamah district, is in the vicinity of shopping malls, international schools and hospitals. Its prime location allows travelers to enjoy balanced living in the bustling city. 

Those looking to venture out of the Middle East for a quick escape, can head to Turkey to avail the Festive50 offer at Somerset Maslak Istanbul. The property lies within Europe’s largest lifestyle development, the new Maslak 1453. Providing an oasis of calm in the bustling city, the property is the perfect balance between work and play.

The Ascott Limited is an international serviced residence owner-operator. The Singapore company has more than 55,000 operating serviced residence units in key cities of the Americas, Asia Pacific, Europe, the Middle East and Africa, as well as over 39,000 units which are under development, making a total of more than 94,000 units in over 630 properties. The company’s brands include Ascott, Citadines, Somerset, Quest, The Crest Collection and lyf. Its portfolio spans more than 160 cities across over 30 countries.

Ascott, a wholly owned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world’s first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust.