Lifestyle Developers announces handover of Al Zahra Residences in Jeddah

Lifestyle Developers has announced the complete handover of its flagship project 568 Al Zahra Residences located in the heart of Jeddah. Alongside, the real estate developer has opened sales for its project Al Nahda Residences that is nearly 80 percent complete.
Catering to a gap in the Saudi real estate market, particularly among the middle-income group and young professionals, 568 Al Zahra Residences is claimed to have set a new benchmark in the real estate sector in Saudi Arabia as a residential community that integrates the amenities of affordable luxury living spaces.
The success of the 568 Al Zahra Residences model was validated with the total sell out of all units within a week of its sales launch.
The announcements came at a press conference held at Sultan Batterjee Holding headquarters, which is also home to renowned sister company IHCC that specializes in turnkey projects in the health care, education and mixed-use sector.
Sultan Sobhi Batterjee, president, Lifestyle Developers, said: “The quick success of 568 Al Zahra Residences reaffirms our conviction about the market’s need for homes that are affordable even while integrating the components of luxury living. Although the development delivers outstanding value to home owners and investors, we have ensured that quality is not compromised across any aspect of the project in our vision to make comfortable living more accessible to a wider segment of the society.
Lifestyle Developers says it is committed to shaping quality apartments that offer affordable purchasing opportunities.
A homeowner at 568 Al Zahra Residences said: “I had never imagined that I could find an apartment in Jeddah of the quality and standard of 568 Al Zahra Residences. Lifestyle Developers has thoughtfully designed and priced the units. We look forward to enjoying a comfortable lifestyle in our new home.”