Saraya Aqaba
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“Saraya Aqaba” is a Jordanian private shareholding company, whose founding shareholders include Saraya Jordan, Jordan’s Social Security Corporation, Aqaba Development Corporation, and Arab Bank plc. Saraya Aqaba will implement the US $950 million “Saraya Aqaba Project”, a premier tourism and leisure destination, with a mixed-use themed development. Situated on the northern tip of the Gulf of Aqaba, the construction of the Saraya Aqaba Project and its man made lagoon will be completed in January 2009, adding approximately 1.5 km of beachfront to the city of Aqaba. The Project comprises approximately 610,000 square meters of master-planned development, combining the splendor of an authentically styled ancient city with the modern luxuries of a world class resort. It features five luxurious hotels, various residential opportunities (beach front villas, town houses and apartments), office space, a contemporary shopping district, an old souk, a water park, a convention centre, and a wharf promenade. A bustling “city within a city”, uniquely designed in a culturally authentic manner; Saraya Aqaba is set in the midst of a rich and textured environment of lush gardens and sparkling waterways.
“Saraya Aqaba will be a flagship destination for Aqaba, and its size, scale and design will reflect the growing international profile of the resort.”