Amman, Jordan, August 7, 2007: Emaar International Jordan, the wholly-owned subsidiary of Dubai-based Emaar Properties, has completed the Presentation Centre of its JD354 million (AED 1.84 billion, US$500 million) Samarah Dead Sea Golf & Beach Resort.
Dead Sea Touristic and Real Estate Investment Company, formed by Emaar Properties PJSC along with a group of regional and Jordanian investors, owns the project in line with the growth plan for Jordan as outlined by the King Abdullah II Fund for Development.
Overlooking the Dead Sea, Samarah Dead Sea Golf & Beach Resort is a mixed-use master-planned community and will feature several Mediterranean-styled villas set amidst a vibrant retail centre and a Spa and Wellness Village.
“Following the launch of the Samarah Dead Sea Golf & Beach Resort, there has been strong investor response from Jordan and internationally for the project,” said Dr Nader Mohammed, Regional Managing Director, Emaar International. “A prestigious development, Samarah will redefine the property sector of the Kingdom with its emphasis on quality, service excellence and the growth opportunities it offers for the local population.”
“The Samarah Dead Sea Golf & Beach Resort Presentation Centre will serve as a benchmark in property marketing practices, where the interests of potential investors are accorded prime importance,” said Mr Steve McCartt, General Manager, Emaar International Jordan.”
The Samarah Dead Sea Golf & Beach Resort comprises four key components: Samarah Hillside with a community centre; Samarah Beach with residences and a Spa and Wellness Village; Samarah Golf with a clubhouse; and Samarah Rift with a Retail Village and a business hotel. Samarah Hillside, the multi-functional residential community, is located opposite the King Hussein Bin Talal Convention Centre and the Samarah Dead Sea Golf & Beach Resort Presentation Centre.
These modern villas with luxury fittings, offer spectacular sea views and feature landscaped surroundings and walkways. Parking spaces, roof top living and private backyards are common. The homes are in close proximity to the Samarah Rift Retail Village, and Samarah Beach Spa and Wellness Centre.
Potential investors can visit www.emaar.jo or call +962 6 550 1800 for more details.
Emaar’s expansion into Jordan is in line with its Vision 2010 to become one of the most valuable companies in the world. The company today has a significant presence in 36 markets globally and has also diversified into education, healthcare, malls, finance, and hospitality & leisure.