imported 2024-03-17 17:43:07
“We remain optimistic and resilient. I think the word resilient here is very important. Jordan has seen many adversities, not in Jordan but in neighbouring countries,” explains Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.
“Tourism is basically the major sources of income to the Kingdom and the employer of tens of thousands of people. Jordan boasts many touristic sites like Petra, Jerash, Wadi Rum, Dead Sea and Aqaba. We believe that tourism is Jordan’s future in terms of revenue and prosperity,” explains Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.
The real estate sector is regarded one of the dynamic sectors in development, it is a target sector for all community segments and a safe channel because it depends on a set of pillars that depend on the strength of KSA economy, and the urgent demand for housing units. Now we can see that the percentage of KSA youth under age of 30 is about 70% of population, accordingly all those youth need houses. According to the recent statistics, the demand for housing units in the KSA is more than 200,000 housing units per year.
Marcopolis.net has compiled the ranking of the top real estate companies in Jordan. Read more about the top real estate developers in the Kingdom. The top real estate companies include Ayla Oasis Development Company, Eagle Hills, Emaar and Abdali Investment & Development Psc.
Ayla is a very unique mixed use development on the Red Sea that, among others, increased Aqaba’s shoreline by 17km and today features “one of the top 3 golf courses in the world when it comes to sustainability.”
“We focus on some of the best locations in Beirut and in Achrafieh. It is also the design of our buildings and the promise we keep from the beginning until the end when it comes to quality,” says Ziad R. Maalouf, CEO of Capstone Investment Group.
“We were encouraged by an area in Beirut called Mar Mikhael, where we have acquired an old brewery, the former Laziza Brewery. We are turning it into lofts with the renowned architect Bernard Khoury,” says Ziad R. Maalouf, CEO of Capstone Investment Group.
“We currently have four on-going projects. A personal favourite of ours is in the mountainous region of Kfardebien, named Redrock. The latter is a village located at a 2km distance from Faqra club; a well-established summer and winter resort,” says Alex Demirdjian, CEO of Demco Group.
“The aim is to try to bring back every little detail from overseas and modifying them to adapt to the Lebanese culture,” explains Alex Demirdjian, CEO of Demco Group.
“The apartments are getting smaller and the real estate developers are targeting this market,” says Joseph Psaroulla, Chairman of D.G. Jones & Partners, the leading construction consultants in Lebanon.
