

Gulf Finance House (GFH), the driving force behind a number of landmark developments throughout the region, unveiled the masterplan for Royal Village in Jordan at the recently concluded Cityscape exhibition held in Dubai.
Royal Village, situated approximately 20 minutes from the centre of Amman, will be developed over a site of 468,000 sq m and will comprise a gated landscaped environment with up to 400 villas, 600 apartments and appropriate support facilities. Royal Village forms part of the Royal Metropolis property development and is being undertaken jointly by Gulf Finance House and Kuwait Finance and Investment Company (KFIC) at an investment of $1 billion in Jordan.
Royal Village would consist of a carefully masterplanned environment providing a balanced mix of villa types and apartments to meet a wide range of consumer requirements.
In a related announcement, GFH and its partners also unveiled a detailed design for the twin Jordan Gate towers reflecting the development’s core mission of energising investments into Jordan.
Giving an update on the development of Jordan Gate, Nashat Sahawneh, chairman of Al Hamad Construction and Development Company, said: “The site was cleared two months ago and the excavation work is now close to completion. The groundwork for the project is also at an advanced stage to develop the state-of-the-art development in the heart of Amman.”