Latest news with #MarsaZayed
Zawya
3 days ago
- Business
- Zawya
MAG Group unveils debut residential project in Jordan
UAE - MAG Group Holding, a leading Dubai real estate developer, has launched its first luxury residential project - Riviera Heights - within Jordan's largest mixed-use beach front community Marsa Zayed. Riviera Heights is the first project in a plan to transform a 320-hectare section of Jordan's Red Sea coast into an international tourism and residential destination. Land owner AD Ports Group in February appointed Dubai-based MAG Group Holding to develop Marsa Zayed, which will open a southern gateway to Jordan's main attractions, the Unesco World Heritage Site Petra and Wadi Rum Protected Area. Riviera Heights will consist of four, 35-storey luxury apartment buildings, spread over 51,000 sq m, located on the southern edge of the Marsa Zayed development area. The development will include more than 1,250 seafront apartments. On the new project, Founder and Chairman Moafaq A. Al Gaddah said: "Riviera Heights captures the true essence of Jordan - its warmth, heritage, and culture. We are breathing a new life and economic vitality into Aqaba by creating vibrant spaces that foster genuine connection to its extraordinary Red Sea coastline." "Together with AD Ports Group, our vision is to cultivate a destination with wide appeal to a wide range of discriminating travellers, where everyone feels a true sense of belonging," he stated. Marsa Zayed is Jordan's flagship tourism venture and ranks among the Middle East's most ambitious real estate development projects. Riviera Heights will be built next to the Phase 1 development of Marsa Zayed, which will eventually span 1.2 km of Red Sea beachfront, and include a marina, a hotel, hotel apartments with a beach club, an Old Souq marketplace with 50 retail shops, a yacht club, and a visitor's centre. Giving a project update, MAG Group said site works are currently underway, and the project is due for handover by Q1 2028. AD Ports Group Managing Director and CEO Captain Mohamed Juma Al Shamisi said: "We welcome the launch of Riviera Heights, which marks the official beginning of construction in Marsa Zayed, the Red Sea's newest and most exciting tourism and residential development." "Under the wise guidance of our leadership in the UAE, AD Ports Group and MAG Group Holding are making a strategic investment in Jordan's economy that will bring long-term jobs and economic growth to a region defined by its unique natural coastal beauty," he stated. According to him, Riviera Heights lays the foundation for Marsa Zayed's vision of a vibrant, contemporary waterfront community. By combining distinctive homes, rich cultural offerings, and a lively social scene in one exceptional setting, it marks a significant milestone for Aqaba, he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
3 days ago
- Business
- Zawya
MAG Group Holding launches Riviera Heights, first phase of Jordan's Marsa Zayed Red Sea Beachfront Community
Abu Dhabi, United Arab Emirates: MAG Group Holding, the diversified, multinational real estate development company, officially launched Riviera Heights, the highly anticipated first luxury residential development in Marsa Zayed, Jordan's largest mixed-use beach front community. Riviera Heights is the first project in a plan to transform a 320-hectare section of Jordan's Red Sea coast into an international tourism and residential destination. Riviera Heights will consist of four, 35-story luxury apartment buildings, spread over 51,000 m2, located on the southern edge of the Marsa Zayed development area. The development will include more than 1,250 seafront apartments. Moafaq A. Al Gaddah, Founder and Chairman of MAG Group Holding, said: ' Riviera Heights captures the true essence of Jordan—its warmth, heritage, and culture. We are breathing new life and economic vitality into Aqaba by creating vibrant spaces that foster genuine connection to its extraordinary Red Sea coastline. Together with AD Ports Group, our vision is to cultivate a destination with wide appeal to a wide range of discriminating travellers, where everyone feels a true sense of belonging.' Site works are now underway, and the handover completion of Riviera Heights construction is expected by Q1 2028. Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said: 'We welcome the launch of Riviera Heights, which marks the official beginning of construction in Marsa Zayed, the Red Sea's newest and most exciting tourism and residential development. Under the wise guidance of our leadership in the UAE, AD Ports Group and MAG Group Holding are making a strategic investment in Jordan's economy that will bring long-term jobs and economic growth to a region defined by its unique natural coastal beauty.' Riviera Heights lays the foundation for Marsa Zayed's vision of a vibrant, contemporary waterfront community. It will be built next to the Phase 1 development of Marsa Zayed, which will eventually span 1.2 km of Red Sea beachfront, and include a marina, a hotel, hotel apartments with a beach club, an Old Souq marketplace with 50 retail shops, a yacht club, and a visitor's centre. Marsa Zayed is Jordan's flagship tourism venture and ranks among the Middle East's most ambitious real estate development projects.
National Post
3 days ago
- Business
- National Post
MAG Group Holding Launches Riviera Heights, First Phase of Jordan's Marsa Zayed Red Sea Beachfront Community
Article content ABU DHABI, United Arab Emirates — MAG Group Holding, the diversified, multinational real estate development company, officially launched Riviera Heights, the highly anticipated first luxury residential development in Marsa Zayed, Jordan's largest mixed-use beach front community. Article content Article content Riviera Heights is the first project in a plan to transform a 320-hectare section of Jordan's Red Sea coast into an international tourism and residential destination. Article content Riviera Heights will consist of four, 35-story luxury apartment buildings, spread over 51,000 m 2, located on the southern edge of the Marsa Zayed development area. The development will include more than 1,250 seafront apartments. Article content Moafaq A. Al Gaddah, Founder and Chairman of MAG Group Holding, said: 'Riviera Heights captures the true essence of Jordan—its warmth, heritage, and culture. We are breathing new life and economic vitality into Aqaba by creating vibrant spaces that foster genuine connection to its extraordinary Red Sea coastline. Together with AD Ports Group, our vision is to cultivate a destination with wide appeal to a wide range of discriminating travellers, where everyone feels a true sense of belonging.' Article content Site works are now underway, and the handover completion of Riviera Heights construction is expected by Q1 2028. Article content Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said: 'We welcome the launch of Riviera Heights, which marks the official beginning of construction in Marsa Zayed, the Red Sea's newest and most exciting tourism and residential development. Under the wise guidance of our leadership in the UAE, AD Ports Group and MAG Group Holding are making a strategic investment in Jordan's economy that will bring long-term jobs and economic growth to a region defined by its unique natural coastal beauty.' Article content Riviera Heights lays the foundation for Marsa Zayed's vision of a vibrant, contemporary waterfront community. It will be built next to the Phase 1 development of Marsa Zayed, which will eventually span 1.2 km of Red Sea beachfront, and include a marina, a hotel, hotel apartments with a beach club, an Old Souq marketplace with 50 retail shops, a yacht club, and a visitor's centre. Article content Article content Article content Article content Article content Article content
Trade Arabia
3 days ago
- Business
- Trade Arabia
MAG Group unveils debut residential project in Jordan
MAG Group Holding, a leading Dubai real estate developer, has launched its first luxury residential project - Riviera Heights - within Jordan's largest mixed-use beach front community Marsa Zayed. Riviera Heights is the first project in a plan to transform a 320-hectare section of Jordan's Red Sea coast into an international tourism and residential destination. Land owner AD Ports Group in February appointed Dubai-based MAG Group Holding to develop Marsa Zayed, which will open a southern gateway to Jordan's main attractions, the Unesco World Heritage Site Petra and Wadi Rum Protected Area. Riviera Heights will consist of four, 35-storey luxury apartment buildings, spread over 51,000 sq m, located on the southern edge of the Marsa Zayed development area. The development will include more than 1,250 seafront apartments. On the new project, Founder and Chairman Moafaq A. Al Gaddah said: "Riviera Heights captures the true essence of Jordan - its warmth, heritage, and culture. We are breathing a new life and economic vitality into Aqaba by creating vibrant spaces that foster genuine connection to its extraordinary Red Sea coastline." "Together with AD Ports Group, our vision is to cultivate a destination with wide appeal to a wide range of discriminating travellers, where everyone feels a true sense of belonging," he stated. Marsa Zayed is Jordan's flagship tourism venture and ranks among the Middle East's most ambitious real estate development projects. Riviera Heights will be built next to the Phase 1 development of Marsa Zayed, which will eventually span 1.2 km of Red Sea beachfront, and include a marina, a hotel, hotel apartments with a beach club, an Old Souq marketplace with 50 retail shops, a yacht club, and a visitor's centre. Giving a project update, MAG Group said site works are currently underway, and the project is due for handover by Q1 2028. AD Ports Group Managing Director and CEO Captain Mohamed Juma Al Shamisi said: "We welcome the launch of Riviera Heights, which marks the official beginning of construction in Marsa Zayed, the Red Sea's newest and most exciting tourism and residential development." "Under the wise guidance of our leadership in the UAE, AD Ports Group and MAG Group Holding are making a strategic investment in Jordan's economy that will bring long-term jobs and economic growth to a region defined by its unique natural coastal beauty," he stated. According to him, Riviera Heights lays the foundation for Marsa Zayed's vision of a vibrant, contemporary waterfront community.
Al Bawaba
4 days ago
- Business
- Al Bawaba
MAG Group Holding Launches Riviera Heights, First Phase of Jordan's Marsa Zayed Red Sea Beachfront Community
MAG Group Holding, the diversified, multinational real estate development company, officially launched Riviera Heights, the highly anticipated first luxury residential development in Marsa Zayed, Jordan's largest mixed-use beach front community. Riviera Heights is the first project in a plan to transform a 320-hectare section of Jordan's Red Sea coast into an international tourism and residential destination. Land owner AD Ports Group in February appointed Dubai-based MAG Group Holding to develop Marsa Zayed, which will open a southern gateway to Jordan's main attractions, the UNESCO World Heritage Site Petra and Wadi Rum Protected Heights will consist of four, 35-story luxury apartment buildings, spread over 51,000 m2, located on the southern edge of the Marsa Zayed development area. The development will include more than 1,250 seafront A. Al Gaddah, Founder and Chairman of MAG Group Holding, said: 'Riviera Heights captures the true essence of Jordan—its warmth, heritage, and culture. We are breathing new life and economic vitality into Aqaba by creating vibrant spaces that foster genuine connection to its extraordinary Red Sea coastline. Together with AD Ports Group, our vision is to cultivate a destination with wide appeal to a wide range of discriminating travellers, where everyone feels a true sense of belonging.'Site works are now underway, and the handover completion of Riviera Heights construction is expected by Q1 2028. MAG Group Holding is committed to delivering the highest standards of quality, design, and lifestyle-focused experiences to investors, supported by tailored payment plans and dedicated property Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said: 'We welcome the launch of Riviera Heights, which marks the official beginning of construction in Marsa Zayed, the Red Sea's newest and most exciting tourism and residential development. Under the wise guidance of our leadership in the UAE, AD Ports Group and MAG Group Holding are making a strategic investment in Jordan's economy that will bring long-term jobs and economic growth to a region defined by its unique natural coastal beauty.'Riviera Heights lays the foundation for Marsa Zayed's vision of a vibrant, contemporary waterfront community. By combining distinctive homes, rich cultural offerings, and a lively social scene in one exceptional setting, it marks a significant milestone for Zayed is Jordan's flagship tourism venture and ranks among the Middle East's most ambitious real estate development projects. Riviera Heights will be built next to the Phase 1 development of Marsa Zayed, which will eventually span 1.2 km of Red Sea beachfront, and include a marina, a hotel, hotel apartments with a beach club, an Old Souq marketplace with 50 retail shops, a yacht club, and a visitor's centre. Marsa Zayed will also count among its attractions the restored minaret of the Al-Sharif Al-Hussein Bin Ali Mosque, the most prominent architectural feature in Aqaba. Marsa Zayed is strategically positioned to attract regional and international homeowners and investors.
