Emaar The Economic City SJSC

SAU:4220

Emaar The Economic City SJSC stands as a pivotal player in the ambitious development landscape of Saudi Arabia, spearheading one of the country’s flagship projects—King Abdullah Economic City (KAEC). This grand initiative, positioned strategically along the Red Sea, is designed to evolve into a fully integrated city, featuring residential areas, commercial zones, industrial districts, and thriving leisure and hospitality segments. Emaar The Economic City SJSC operates as a master developer, orchestrating the sprawling urban layout and infrastructure to attract diverse business sectors and residents. The company’s master plan envisions KAEC not just as a city, but as a catalyst for economic diversification and a symbol of futuristic urban living aligned with Saudi Arabia's Vision 2030 initiative. The financial engine behind Emaar The Economic City SJSC is driven by its activities in land development, real estate sales, infrastructure provisioning, and leasing arrangements. By selling residential, commercial, and industrial plots, the company draws significant revenue streams, while partnerships and joint ventures in the hospitality and retail sectors amplify its commercial footprint. Another critical revenue pipeline hinges on the leasing and property management of developed real estate, offering a steady income from rental agreements within offices, retail complexes, and residential units. This blend of strategic land utilization and dynamic sectoral collaboration enables Emaar to construct not only a city but an enduring economic ecosystem aimed at global and regional appeal.