Media Centre

King Abdullah Economic City (KAEC) has announced the off-plan sales of residential land at Miram Al Hejaz in the city’s Hejaz district.

KAEC is releasing 280 plots in a master-planned gated community suitable for the construction of single-family homes. With prices starting at SAR 358,000 over five years with 5 percent down payment only, the new plots are with walking distance to KAEC’s Haramain high-speed railway which will start operational early next year.

“The new “Miram” residential project will meet the needs of the increasing number of families, investors and visitors coming to KAEC seeking promising opportunities and a better lifestyle. The Al Haramain railway station, which will place KAEC an hour from the two Holy Cities and only 35 minutes from downtown Jeddah adds to the appeal of the city for people who seek a unique residential location within an east commute of their current job,” said Fahd Al-Rasheed, Managing Director and Group CEO of KAEC. “The continuous demand for our various residential projects and the real opportunity that “Miram” project represents for those who want to live close to the two Holy Mosques encouraged us to release the project onto the market at this time despite the economic slowdown.”

The station is also the centerpiece of an extensive retail and commercial development that will include a modern souk, new retail malls and cultural centers as well as office space.

“Miram Al Hejaz features state-of-the-art infrastructure including fiber-optic data connections, energy efficient construction and extensive landscaping as well as unparalleled connections with the other major cities in the Western region,” said Charles Biele, CEO of the Real Estate Development Company (REDCO) at KAEC.

Residents will enjoy an exclusive luxurious lifestyle experience and benefit from the city’s numerous facilities, which include beach and marina waterfront dining options, retail outlets, health care, security, mosques, the highest quality schools, world class universities and a number of luxury sporting and recreational facilities such as Juman Park and the Royal Greens Golf Course.

Plots at Miram Al Hejaz were first exhibited at a sales launch at the Hilton hotel in Jeddah on Noveamber 30, to December 2. 2017. For more information please call the free landline 800 11 800 10 or visit miram.kaec.net.

About King Abdullah Economic City

King Abdullah Economic City (KAEC) is the largest privately-funded new city in the world. Situated on the west coast of the Kingdom of Saudi Arabia, KAEC covers an area of 181 square kilometers of land, approximately

the size of Washington DC. KAEC comprises King Abdullah Port, the Coastal Communities residential districts, the Haramain Railway district and the Industrial Valley. The city is under development by Emaar, The Economic City, a publicly listed Saudi joint-stock company established in 2006.