PRESS RELEASE

Eagle Hills Jordan begins handover of phase one residential units at Marsa Zayed’s Al Raha Village.

(Aqaba, Jordan – March 13, 2017) -- Real estate investment and development company Eagle Hills Jordan has commenced the handover of phase one residential units, including villas and townhouses, at Al Raha Village, the first private residential community within Marsa Zayed. CEO of Eagle Hills Jordan Alaa Batayneh, personally greeted and congratulated the first resident, handing him the keys to his new property.

Al Raha Village, situated amid Aqaba’s rose-red mountains and overlooking the idyllic Red Sea, aims to offer its residents and their guests a complete, community-focused lifestyle through various amenities, facilities and aesthetically pleasing, lush green foliage spread across the neighbourhood’s grounds. Marking the effective beginning of its handover phase, Al Raha Village continues to put the finishing touches on its villas, townhouses and apartments, including a 13,000-sqm recreational park that features swimming pools, water slides, a Multi-Use Games Area (MUGA) and space for family picnics and barbeques, in addition to a centrally located three-storey clubhouse with a gym, outdoor terrace, swimming pool, restaurant and lounge.

Commenting on the project’s first handover, CEO Alaa Batayneh said, “Officially welcoming our first resident to Al Raha Village marks a major milestone in the ongoing journey of the development, as it signals the completion of phase one units and brings us one step closer to full project completion by the end of 2017. It is with great pride and anticipation that we greet our first incoming residents, allowing them to truly feel part of a private family-friendly community, a feeling that is inherently unique to Al Raha Village. We at Eagle Hills Jordan greatly look forward to continue rolling out unit handovers steadily over the upcoming months.”

Eagle Hills Jordan began this year achieving key project milestones as a continuation of the success it saw in 2016. Making strides on its developments in the port city, both Marsa Zayed’s Al Raha Village and luxury mixed-use tourism and leisure destination Saraya Aqaba, the real estate company remains persistent in its overarching goal to commit to its future residents and to increased socioeconomic prosperity for the city of Aqaba. Likewise, the company is witnessing considerable progress on its projects in Amman, The St. Regis Amman and The Residences at The St. Regis Amman and the recently unveiled W Amman and The Skyline Residences serviced by W Amman. This year will mark the completion of several components of all four of Eagle Hills Jordan’s projects in the Kingdom, as well as the opening of three hotels in Amman and Aqaba, including The St. Regis Amman, W Amman, and Al Manara, a Luxury Collection Hotel.