Al Khalifa Developments has acquired a significant portion of the “Golf Park” project in Ras Sudr, spanning 75 feddans, marking a new expansion for the company in coastal destinations. The developer is preparing to redesign the project and introduce a renewed urban vision aligned with the area’s growing potential, ahead of relaunching it early next year, Invest-Gate reports.

The acquisition represents a strategic move aimed at revitalizing a major tourism project that had been on hold for years due to previous challenges. The company emphasized that handling the files of existing clients with full attention remains a key priority, ensuring that relationships are stabilized and managed according to approved legal and administrative frameworks.

Eng. Amr Khalifa, CEO of Al Khalifa Developments, stated that the acquisition followed a thorough study of the project’s components and prime location. He said:

“We are currently working on developing a new design vision that enhances the investment value of the site, with comprehensive updates to the infrastructure and services to match the nature of Ras Sudr as a growing tourist destination.”

He added that the team has already started preparing a complete urban and architectural master plan to ensure optimal use of the 75-feddan plot, including the potential introduction of entertainment and tourism services that would enhance the project’s appeal once relaunched to the market.

Eng. Amr Khalifa also explained that the company has given significant priority to organizing the status of previous clients since the beginning of the acquisition process.

He noted: “The company is fully committed to organizing the status of old clients in accordance with the procedures and regulations adopted within the company, ensuring a relationship based on clarity and respect for rights.” He stressed that restructuring the client files is a critical step to ensure the project proceeds on solid and transparent foundations in its new phase, enabling the company to move forward confidently with redevelopment efforts.

Mr. Mohamed El-Sabaa, Head of the Commercial Sector, confirmed that a major portion of the “Golf Park” project will be relaunched at the beginning of next year after the approval of the new designs. He said: “Work is underway on a new concept for the project that reflects the scale of planned development, supported by a marketing strategy that highlights Ras Sudr’s tourism potential and the opportunities the project will offer after its update.”

He added that the commercial sector aims to offer an integrated project built on construction quality and competitive real estate products, consistent with the company’s broader strategy to develop projects of real and sustainable value.

Al Khalifa for Real Estate Development’s acquisition marks the beginning of a new chapter for “Golf Park,” positioning it to re-emerge as a revitalized tourist destination that aligns with the region’s development ambitions.