Saraya Aqaba showcases the life of exclusive luxury At the Kuwait International Property Show

Saraya Aqaba's participation for the first time as a gold sponsor, comes through occupying one of the prime locations within the exhibition, where the model of the Saraya Aqaba mixed-use destination will be displayed in its distinguished booth G15/ Hall 8, showcasing the main components of the project, and offering a prime opportunity to own a residential unit in the Saraya Aqaba project.

Mr. Shadi Ramzi Majali, General Manager of Saraya Aqaba stated:

'Our sponsorship and participation in the KIPS enables us to bring Saraya Aqaba closer to the customers and real estate investors in the promising Kuwaiti market, stemming from our belief in the strong purchase power of the Kuwaiti market, baring in mind that the total Kuwaiti investments in Jordan have reached to $6bn in 2007. We bring with us today to Kuwait, to the visitors and investors, as well as to the Jordanians living abroad, a promise of high-end luxuries and complete privacy. Saraya Aqaba in Jordan is a manifestation of a themed environment that conjures a glimpse of authenticity and modern lifestyle conveniences, catering for different tastes of all ages.'

The foundation stone of the Saraya Aqaba project was laid in January 2006, marking the beginning of construction of Saraya's first destination, among a series of luxurious destination and integrated services launched all over the world. Saraya Aqaba combines the splendour of the ancient Arab city, with the contemporary modern luxury in a state of the art resort, built around an area of 617,000 sqm encircling a man-made lagoon, adding 1.5 Km to the Gulf of Aqaba. The approximate total cost of the project is $1bn.

Saraya Aqaba consists of fully furnished residential units of various types; including grand villas, villas, townhouses, and apartments, catering for the tastes of all those wishing to acquire a luxurious home in the Jordanian city - Aqaba. The project also features four premium 5-star hotels and two boutique hotels operated by Jumeirah and Starwood, Souk Saraya with shopping and dining venues, in addition to recreational facilities, Wild Wadi Water Park, beach club, amphitheatre, pool and garden areas, Sports Park, kids club, conference centre and offices, as well as many other facilities. The Infrastructure and construction works in Saraya Aqaba have reached an advanced stage of developments on ground.

It is worth noting that the Kuwait International Property Show, organized by Top Expo Group for Organizing Exhibitions and Conferences, attracts a variety of real estate, banking and investment companies. The exhibition is expected to witness the participation of over 100 real estate and financial company, and over 500 property development and investment projects from over 20 countries, in turn making it an opportunity for major real estate developers and the industry experts, investors, architects and consultants in the region and the world, to exchange experiences and expertise.