Rob W 0 Posted September 6, 2010 Share Posted September 6, 2010 http://www.deltagci.com/country-news/2-5-m...-on-mecca-flats there was an add for these in the "times" over the weekend....... Luxury flats with a view of the Kabaa in the almost-finished Mecca Clock Tower will be sold for upwards of SAR2.5m. Developer Emaar are fitting out 648 units in the 662-metre tall building, set to become the second tallest tower in the world, which the company plans to sell on 25 year leases. Emaar Middle East CEO Dia Malaeb said that the cheapest apartments, studios with a partial view of the Grand Mosque, will start at between SAR2.5m and SAR3m rials, but was tight-lipped about the cost of those at the high end. The development will include three bedroom flats with a full view of the Kabaa and the Grand Mosque. “The price will go up depending on the view," he said"But considering the hotel rates in Mecca during the holy month of Ramadan are very high, you’re talking thousands of rials a night, then it’s a good investment for people to make." The clock tower is currently under construction in Islam's holiest city, and will include a five-star hotel and residential units. Emaar will develop apartments from 30th to 53rd floor. Dia said that working on such a prestigious project just metres away from the Grand Mosque had been a privilege. “It is not only exciting but it is also an honor for us, to give people the opportunity to live in units that are facing the holiest place on earth," he said. “It is a historic location, a unique location in the world. It’s the only place on earth where millions of people gather in one point and if you are a resident of the building you will be able to view it from your apartment." Although the clock tower is the most high profile development in Mecca for some time, development in the city has been stepped up in recent years, with hotels, restaurants and facilites springing up to meet the demand of millions of pilgrims who descend on the Grand Mosque every year. Link to comment Share on other sites More sharing options...
Meenzer 15871 Posted September 6, 2010 Share Posted September 6, 2010 Hard hat on... Link to comment Share on other sites More sharing options...
manc-mag 1 Posted September 6, 2010 Share Posted September 6, 2010 Hat hard on... [Alan Partridge/] Link to comment Share on other sites More sharing options...
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