Media Centre

King Abdullah Economic City (KAEC) has announced the launch dates of “Al-Waha” district phase 1 residential properties on November 8-9 at the Jeddah Hilton Hotel and November 18-19 in Riyadh at Al Faisaliah Hotel. Construction of Al-Waha district phase 1 is progressing rapidly with almost 50% of the community already completed and KAEC anticipates the initial delivery of the homes to new residents beginning in late Q4 2015.

“The Al-Waha community marks a new phase of residential development as we are continuously looking to offer families and investors a wide range of housing solutions and an enriching lifestyle in KAEC.” said Mr. Fahd Al-Rasheed, KAEC Group CEO and MD.

Adding his comments, Eng. Charles Biele, CEO-Residential Development in KAEC:“Al Waha is a Cityscape award winning community spread across 560,000 sqm of land. When completed, Al Waha phase one will comprise of up to 1,600 residences including apartments, paired homes, townhouses and villas appealing to residents at all life stages who are seeking a premium lifestyle in close proximity to the Red Sea.”
He Added: “The initial phase of “Al-Waha” includes 608 homes with a variety of architectural styles including Spanish, Moroccan, Italian and Arabic themes. In addition, Al Waha will feature 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.”

Eng. Charles concluded:“Residents in Al Waha will also benefit from a number of KAEC’s existing and future lifestyle elements including a variety of waterfront dining options, retail shops, health clinic, schools, and mosques. For those seeking an active and healthy lifestyle, KAEC is building the Kingdom’s most unique sports and leisure facility, the Esmeralda Club as well as the recently announced Royal Greens Golf Course and Clubhouse which is also presently under development. We fully anticipate an overwhelming demand for this unique community.”

KAEC covers 181 million square meters of land and is being developed into a fully integrated city. It consists of the Industrial Valley, King Abdullah Port, the Coastal Communities, the Downtown and Haramain Railway Station.