Business
Al Maabar to Promote Investment Opportunities at its Jordanian Projects during Cityscape Kuwait 2014
Kuwait, 4 December, 2014: Seizing the exhibition as a platform to strengthen its promotional endeavors in the Gulf market, Al Maabar Jordan recently announced its plans to participate in the inaugural edition of Cityscape Kuwait, which will be held between December 7 and 9 at the Kuwait International Fairgrounds. Al Maabar will join a number of prominent regional and global real estate companies for the event, which aims to connect real estate developers and brokers with the Kuwaiti investment community.
By participating in Cityscape Kuwait 2014, Al Maabar aims to showcase its two projects in Jordan. The first of these is Aqabas Marsa Zayed project, one of the largest mega mixed-use development project envisioned in the region, which is slated to comprise an eclectic array of hotels, recreational and touristic facilities, shopping centers, financial and commercial centers, and numerous marine elements, including two kilometers of newly developed waterfront, marinas for boats and yachts, and a modern cruise ship terminal. The company will host a dedicated stand at the exhibition to allow visitors to explore the investment opportunities and residential offerings at Al Raha Village, the first residential neighborhood at Marsa Zayed, which boasts an idyllic location on the southern edge of the project, overlooking the Red Sea.
The other project being carried out by Al Maabar in Jordan is The St. Regis Amman and The Residences at The St. Regis Amman, which blends timeless elegance with a modern, urban lifestyle. During Cityscape, the company will introduce attendees to the investment opportunities and residential offerings at The Residences at The St. Regis Amman, the first private, branded residences available for purchase in Jordan.
Commenting on their participation in the exhibition, the CEO of Al Maabar Jordan, Emad Kilani, said, With the progress we are witnessing at both of our projects, we are currently concentrating our efforts on introducing these distinguished investment opportunities to key regional and international markets, with the Gulf market at the top of our priorities. We believe that Cityscape will provide a pivotal platform through which we can connect with businessmen and investors looking for unique opportunities.
Spread over a 3.2 million-square-meter development, Marsa Zayed is now in its first phase of development, which includes two major milestones: Al Raha Village and the Sheikh Zayed Masjid. Strategically situated along the Red Sea, Al Raha Village boasts more than 500 residential units comprising an array of exquisite apartments and townhouses. Meanwhile, the already-completed Sheikh Zayed Masjid opened its doors to worshippers on Friday, October 3, 2014, coinciding with the Day of Arafat. The Sheikh Zayed Masjid accommodates 2,000 worshippers and includes two main prayer halls one for men and another for women and an additional hall for holiday prayers, which is also used for teaching the Holy Quran.
The St. Regis Amman Hotel will house 260 luxuriously appointed guest rooms, including 86 suites. Guests at the 17-storey hotel will be able to enjoy a wealth of amenities and facilities, including a pool, caf, fitness center, four restaurants, a signature spa and private parking, along with a business center and an ultra-modern meeting and event space. The St. Regis Amman will also include a retail component, which will be named The District. Located on three floors of the hotels Podium Level, The District will house a range of luxury retail outlets, including boutiques, cafs and restaurants. The Residences at The St. Regis Amman will include the construction of two additional 17-storey towers, connected by an external faade. The property will host 79 private residences available for purchase, all boasting exquisite finishing. Along with world-class recreational amenities and facilities including a pool, fitness center, playgrounds, executive lounge and a private theater residents will benefit from exceptional around-the-clock services, including security, reception, butler service, valet, and an endless array of bespoke services provided by The St. Regis Amman Hotel staff.