King Abdullah Economic City (KAEC) has launched 365 ready homes in Al-Waha village. The launch event will be held at the Jeddah Hilton Hotel Sept. 3-5.

Al-Waha village is an award-winning state-of-the-art community offering residents a new approach to living. The community represents an architectural landmark as described by Fahd Al-Rasheed, Group CEO and MD of KAEC.

“Al-Waha village is among the most popular and distinctive communities offered in KAEC. Al-Waha village offers families and investors a wide range of housing solutions, as well as an enriching lifestyle in KAEC at very attractive prices,” he added.

Charles Biele, CEO of Real Estate Development Company (RED) in KAEC, said: “The allure of Al-Waha village, which extends over an area of 500,000 sqm, stems from the contemporary designs and wide choice of residential units, which include apartments, paired homes, townhouses and villas, all with varied features that combine Spanish, Moroccan, Italian and Arabian designs.

Al-Waha village fulfills our customers’ desires for a modern lifestyle while maintaining its appeal as a peaceful and family-friendly community. In addition, Al-Waha features exciting community amenities, including landscaped parks and walking trails plus a community center with a resident’s clubhouse, swimming pools and children’s play areas to ensure a healthy and active lifestyle.”

Al-Waha village is a cityscape award-winning community and is part of the Coastal Communities.

Residents will enjoy an “exclusive luxurious living experience,” 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, the highest quality schools, world class universities, and mosques. It is a ready product, available for handover upon full payment.

Coupled with high demand for lease of Coastal Communities properties, this translates into an exciting opportunity to earn rental yields on top of capital gains prospects.