The Syrian General Housing Establishment has signed an annex to the contract for the “Eighth Gate” project in the Yafour area of rural Damascus with Emaar Properties, listed on the Dubai Financial Market, in partnership with the “Investment Company for Overseas,” effectively relaunching the project after years of suspension.
According to a post by the Syrian Ministry of Public Works and Housing on its official Facebook page, the project spans approximately 300,000 square meters. It includes a modern commercial center exceeding 200,000 square meters, featuring more than 250 retail outlets for local and international brands, along with entertainment facilities, restaurants, and parking spaces with a capacity of over 2,300 vehicles.
The project also comprises residential and hotel units with a built-up area of around 196,000 square meters, distributed across approximately 600 residential and tourist apartments, in addition to 200 five-star hotel rooms. It further includes modern office buildings of varying sizes.
It is worth noting that Emaar Properties had begun the first phase of the “Eighth Gate” project in 2007, with a total cost exceeding $500 million (equivalent to AED 1.83 billion), as part of its expansion plans in the Syrian market at the time, before the project was later halted.
