ALKHOBAR, 12 May 2008 — Emaar Middle East (EME), a subsidiary of Emaar Properties PJSC focused on project development in the Middle East region, will launch the first residential village within Alkhobar Lakes on Wednesday.
Al-Nada Village, with an area of 250,000 sq m, is the first of nine residential villages within the first phase which spreads over a total area of 2.6 million sq m. Al-Nada Village features 242 elegant three- to six-bedroom villas with residents having direct access to a 13,000 sq m lake.
Customers can choose from 16 villa styles designed with Arabic and Andalusian architectural elements at the sale to be held at Alkhobar Lakes Sales Center. The villas are due for completion in 2010.
Eng. Alaa Abdullah Saed, chief executive officer, Emaar Middle East, said: “Alkhobar Lakes is one of the largest gated communities in the Kingdom of Saudi Arabia and sets new standards in residential developments. The focus of the project is to create a distinctive location ambience through lakes and water-bodies, which have been carefully designed following extensive studies to create an environmentally conscious neighborhood, while adding to the quality of living by offering private villas and community amenities.”