Ezdan Holding Group has officially opened Al Shamal Compound, on Tuesday evening, in the presence of senior officials of the group and its subsidiaries, businessmen and VIPs. The ceremony witnessed a wide range of activities. The Group CEO Mr. Ali Mohammed al Obaidli, and the Deputy CEO of the group Mr. Nasser Mohammed al Abdullah attended the event along with a number of the corporates and departments managers of Ezdan Holding Group.
The opening ceremony featured diverse activities, including cutting the ribbon, folk musical group, laser lights, a video displaying the achievements of the group. More than 500 people from Ezdan Holding Group corps, businessmen, those interested in the real estate sector in addition to the media.
For his part, CEO of Ezdan Holding Group Mr. Ali Mohammed al Obaidli commented on the official opening of Al Shamal Compound, saying: "The official opening of the complex is a starting signal to offer all the residential unit at the compound available for home seekers and entering the real estate market. These units are all fully-equipped and furnished according to high standards, specifications and premium services.”
The complex boasts a prime location on Al Shamal Road, which is considered as the liveliest street in Doha. Al Shamal Compound is spread over an area of up to 115,000 square meters, including 129 luxury villas, 256 distinct apartments and a four-star hotel of 220 rooms capacity. The compound enjoys high level of finishing and high standing residential units, the fact that will contribute to make a quantum leap in the level of housing units available in the local real estate market of the country. The project includes also an array of services like swimming pool, shops, nurseries, restaurants and a variety of services for the welfare of the compound dwellers.
In this regard, launching Al Shamal Compound will have a significant impact on the local real estate market, noting that the project features superior quality services that ensure excellence and comfort to its dwellers. In addition, the project is the first of its kind, combining residential units with long-term lease (a year or more) and units of the four-star hotel, which is expected to be opened during the second half of the current year 2014.
The Group CEO stressed that establishing Al Shamal Compound in such privileged location will help to promote the surrounding area, especially with presence of Ezdan Hotel, Ezdan Mall in addition to the high scale residential compound besides other commercial centers and the main road to the Doha International Airport.
For his part the Group Deputy CEO Mr. Nasser al Abdulla pointed out that Al Shamal Compound reflects the group’s policy and strategy of Ezdan, which is based on non-centralization in one area. He stressed that horizontal expansion is what the group is keen to implement in different parts of the country, targeting the largest possible number of population. It is worth mentioning that many people think that Ezdan develops residential units in Wakra and Wukair only; on the contrary, Al Shamal Compound is a reality that no one would deny, emphasizing that Ezdan invests in different locations.