Ezdan Real Estate Company, the major real estate developer, has announced launching the second phase of its promotional campaign for the residential and commercial units in "Ezdan Oasis", which coincides with the national celebrations in marking Qatar National Day.
The promotional campaign covers the residential units at Ezdan Oasis, which features various types of properties, with modern furniture and integrated services, along with more than 500 different retail outlets and shops, that can be coalesced and separated; this was revealed during the press conference held recently at the administrative building in Ezdan Oasis.
The campaign renders to the public and customers premium and competitive rentals on various residential units in addition to the unprecedented discounted offer announced for medium and small entrepreneurs (SMEs), including craftsmen, retailers, investors and companies, where 15 free months will be granted on new contracts.
“Ezdan Oasis provides the most ideal workplace and an exquisite environment for residence; it serves as a nexus for thousands of residential units and hundreds of retail outlets. In fact, this giant project forms a qualitative and vital addition to Al Wukair region, which became a populated modern region due to the highway networks making it closer to Doha, saving more travel time than before”, said Hani Dabash, the Deputy CEO Ezdan Holding Group during the press conference.
“Now, it has become easier to reach any place from Ezdan Oasis in only 15 minutes, in addition to its proximity to a greater number of commercial and economic areas. Now, it serves as a connection between Hamad International Airport, the new port and Mesaieed City, which nestles several important facilities and establishments”, Dabash added.
“Backed by the boom in road and infrastructure projects that have been carried out recently in the city of Al Wakra and Al Wukair, the two cities are now witnessing a remarkable growth in population and urbanization in terms of business and investment.” Dabash said, adding that the pace of growth comes in parallel with the completion of metro project "Rail", and the road projects.
The recent road development projects that serve the areas of Al Wakra, Al Wukair and Al Mashaf and linking them to the rest of the country, such as the New Orbital Highway, Hamad Port Road, the G-Ring Road and the southern part of the Doha Express way, fueled an actual rise in population growth and movement to those areas. This transformed the region into a favorable location with surge in demand for different housing units, and at the same time secures more pumping for investments on large scale, especially for SMEs, according to Dabash.
“As an integrated project, Ezdan Oasis encompasses a commercial avenue, which is expected to be one of the most vibrant streets in that region, with its multipurpose shops and retail space areas. For this reason, Ezdan Real Estate Company is re-launching the attractive offer for business owners, and retailers to get engaged and lure more investors to start their business,” Dabash added.
The retail and shop outlets at Ezdan Oasis can be tailored to serve their business needs of tenants and retailers allowing them to operate within business-friendly environment that guarantees profit making and lucrative projects. As part of Ezdan Real Estate endeavors to encourage investment and business projects; it allows renting more than one unit to accommodate a single commercial activity. The shops are also distributed in several locations. Ezdan Oasis is expected to attract more than 35.000 residents.
“The project provides residential units with a variety of spaces, fully furnished and with modern furniture, including a distinguished package of services at very competitive price compared to the benefits, which makes Ezdan Oasis an ideal environment for those seeking luxury accommodation, comfort and safety, as the project is characterized by its vast area and diversity of residential units,” Dabash said, adding that residents of Ezdan Oasis can enjoy the availability of diversified business which comprises pharmacies, bakeries, and laundries, Lulu Hypermarket, and an international school”.
Commenting on the rentals average values, Mr. Dabash noted that the rents in Ezdan Oasis are certainly matchless in the market and are competitive compared to the services and advantages, noting that the current phase of leasing offers fully furnished two-room apartments starting from QR 4000 per month, while rentals for three bedrooms starts at QR 6000 per month, and the rental of one bedroomed apartment starts at QR 3500.
As part of the promotional campaign Dabash added that the shops offered for rent can be leased out at a rental value starting at QR 80 per square meter per month.