*PAST PROJECT*

ZamZam GRAND SUITES MAKKAH

Zamzam Tower is one of the seven Al-Bait towers Complex. It stands on the same place of land that the historical Ajiyad Castle was on, having a close view of the Holy Mosques of Makkah. The project is few Steps away from King Abdul Aziz Gate.
This project is constructed on a plot of land belonging to the late King Abdul Aziz endowments whose properties are invested for the sake of the Holy Mosques in Makkah.
Being constructed as B.O.T. (Building Operating Turning over), Zamzam Tower will be first project in Makkah to be executed as B.O.T. This project will be available for utilization for a period of 24 years.
Oasis Properties is the Principal Marketing Agent in South East Asia for Zamzam Tower whose area mounting to 91,326 square Meters. The project is 33 floors Containing 1310 luxurious residential Suites.

Facilities and Features:
Zamzam Tower provides a range of unique services and advantages that distinguish it as the best residential project in the Gulf Region. These features include:
·         Luxurious suites elegantly furnished according to international 5 star standards.
·         Engineered with an architectural concept matching the religious environment of Makkah.
·         Direct connection to the Holy Mosque open Space.
·         Direct View to the Holy Mosque.
·         36 elevators to serve the residents and visitors efficiently.
·         High-tech heating & air-conditioning systems.
·         Grand shopping centre on 70,000 square meters including a wide range of brand restaurants and shops.
·         Customized audio system transmitting Azan and prayers from the Holy Mosque direct to the residential suites.
·         Praying space inside the complex and neighbouring areas accommodating 50,000 worshippers.
·         Parking lot with a capacity of 1400 cars.
·         Ring roads easily linking the complex to the rest of the Makkah area.
·         Flexible interior design dividing the tower suites into five different types.
·         Round-the-clock security system.
·         Tower run by an international hotel management company “ACCOR.

The Concept

Sokouk Al-Intifa'a

Sokouk Al-Intifa’a is the right that entitles all Muslims from around the world regardless of their nationalities, to obtain a residential suite in Zamzam Tower which is located in the proximity of the Holy mosque in Mecca. This Sokouk Al-Intifa’a is developed by Munshaat Real Estate Company to be fully compatible with Islamic Sharia’a principles.
Sokouk Al-Intifa’a enable its owner to obtain the utilization right of a residential suite for a periodical part of the year and for 24 years. Benefiting from this, the beneficiary will pay the value of this deed in advance and agrees to pay the Annual Charges for maintenance and Managerial Services.

Features Of Sokouk Al-Intifa’a

	Enable the widest majority possible of Moslems to make their dream come true in visiting the Holy Mosque in Mecca every year and live close to the Holy Kabaa.
	Make the beneficiaries enjoy unique hotel services throughout the validity of the deeds at a low cost.
	Facilitate acquisition of deeds in an easy cost effective way.
	Enable the use of housing services from Zamzam Tower, which stands close to the Holy Mosque in Mecca.
	Bequeath the right to benefit from the Sokouk to next of kin in the event of death.
	Provide high value-added service through a specialized company assigned to managing “Sokouk Al-Intifa’a” through a point-score system granting the deeds high flexibility through: Ability to offer the right of use of the Sokouk to others for one or more years. Possibility to sell or lease the Sokouk. Changeability of the duration of the Sokouk or related housing units. Optional transfer of the right of use of the Sokouk to one following year.

Zamzam Tower is using the system called Sokouk Al Intifa'a which is similar to the timeshare concept but restricted you to only using the accommondation in Makkah Al Mukarramah. Where it allows you to partly own certain period of your choice within the Islamic hijrah calendar. Prices varies from seasons, suite sizes and views.

Suite sizes start from Studio (4 pax), Junior (4 pax), Large (6 pax), Amiri (6 pax) and Royal (8 pax).

There are 5 seasons to choose from. The seasons are low, mid, high, prime and hajj.

Minimum nights owned are for 7 nights in the umrah seasons, 10 nights in the last days of ramadan season and 44 nights in the hajj season.

Prices starts from SGD$15,000 (Studio suite/low season/alternate/7 nights/haram view) to SGDS1,050,000 (Royal suite/hajj season/full/44 nights/kaabah view).

Zamzam Tower and Sokouk Al Intifa'a can be owned for 24 years.

It will be fully furnished according to Sofitel hotel standard. A 5 star hotel under the management of the Accor Hotels & Resorts group.

Who will also manage the rental of your said nights if owners decide not to utilize their entitlement for any particular year.

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