Riyadh – MENA Herald: Ayla Oasis Development Company (Ayla), a subsidiary of Saudi-based Astra Group and a leading tourism and real estate development company in the Kingdom of Jordan, is running a workshop in Riyadh to showcase Ayla project, a unique mixed-use development located in the Jordanian city of Aqaba.
Aimed at attracting investors from Saudi Arabia, the workshop will be held at the landmark Al Faisaliah Hotel in Riyadh today Sunday May 15, 2016 from 11am to 8pm.
The workshop will further articulate the company’s priority to promote Ayla as a unique project designed to accelerate Jordan’s tourism, residential and commercial investment portfolios and boost the country’s credentials as a leading 21st century destination. During the workshop, representatives of the company will offer potential investors greater insight into the unique upscale community that is taking shape in Aqaba along the coast of the Red Sea.
Eng Sahl Dudin, Managing Director of Ayla, said: “The Saudi market is one of our most crucial markets in the region given its large economy that accounts for 25% of Arab world’s total Gross National Product as well as for the scale and diversity of investment opportunities created by its real estate sector.”
He added: “In addition to its unique architectural design, the Ayla project will feature a wide range of advanced amenities, services and tourism facilities. It also provides an ideal investment opportunity for Saudi investors as well as Jordanian expatriates living in the Kingdom to own a property under different home finance schemes.”
Earlier, Ayla showcased the mixed-use development to the residents of Qurbubah and Al Hamra residential complexes in Riyadh generating an overwhelming response from the residents who inquired about the number of housing units as well as the facilities and amenities offered.
Spanning over 4,320 Donum (4,320,000 sq m) and boasting 235 meters of sea-front on the Gulf of Aqaba, Ayla is built around manmade lagoons to add 17 km of waterfront to the picturesque coastline. The project will feature a wide range of apartments with panoramic views and an 18-hole signature golf course designed by Greg Norman as well as a nine-hole golf academy. In addition, it will comprise Jordan’s largest marina – the marina village – that will serve as a commercial hub as well as a multitude of retail units, cafes, entertainment and recreational facilities.
The project will also include premium facilities and amenities, including a variety of up-market hotels and unique residential communities.
Ayla Oasis Development Company is a private shareholding company registered in Aqaba, Jordan and is committed to quality and innovation. Acting as a master developer, Ayla’s objective is to create a premier waterfront destination that features world-class residential and tourism components.