Media Centre

King Abdullah Economic City (KAEC) has concluded sales launches in both Riyadh and Jeddah which were held to offer the land plots in Al-Manazel residential district. The two launches were attended by an overwhelming number of customers, which led to all plots selling out during the events.

Commenting on the occasion, Mr. Fahd Al-Rasheed, Managing Director and CEO of KAEC, expressed his delight on the success of the launch events. “It is no surprise that smart buyers recognize the great investment value and unique lifestyle that we are offering at KAEC to all income levels by providing total housing solutions that offer the opportunity for customers to experience a modern lifestyle of the highest standard,” he added.

Mr. Al-Rasheed went on to say: “We congratulate all our valued customers on having made the best decision and welcome them as new residents in King Abdullah Economic City.”

Al-Manazel land plots which were completely sold out are located in Al-Murooj residential district, which is considered to be one of the most exclusive districts in KAEC with private entrances, wide roads, landscaped green spaces, a sports complex, a golf course, The World Academy, a health care center, a shopping center and other retail outlets, a variety of restaurants, and superb beach facilities on the shores the Red Sea.