News & Updates

Ezdan Real Estate launches Al Safwa Compound, featuring upscale residential units

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Deputy CEO of Ezdan Holding Group, Mr. Hani Dabash stated:

 

- The Compound has experienced unprecedented success, seeing a remarkable influx of rental inquiries in a brief timeframe.

- Occupancy at Al Safwa Compound is projected to surpass 95%, achieving this milestone at an extraordinary pace.

- Initiatives aimed at updating the Compounds are moving forward consistently and effectively.

 

Doha – October 2023

Ezdan Real Estate Company announced the launch of the first Al Safwa Compound of its kind, which provides luxury residential units of high quality for the category looking for sophistication and elegance, as the Compound provides up to 147 high-quality residential units that include a variety of living spaces, starting with the three-room apartment furnished with high-end furniture, then the five-room villa with a backyard for barbecue, in addition to the six-room rowhouse spread over three floors with a wonderful barbecue area. And a distinctive seating space at the top of the house.

For his part, Mr. Hani Dabash commented on Al Safwa Compound, saying: "Al Safwa Compound is one of the most important real estate projects that have been recently launched, which comes within the framework of the company's policy of diversifying real estate products, as the Compound provides residential villas, apartments and multi-storey buildings, all of which are equipped with high-end furniture and distinctive equipment in their quality and luxury, targeting through this Compound the category looking for luxury properties, and the experience has proven strongly successful due to the great demand we have received since the launch, and we expect that the occupancy exceeds 95% within a short period of time."

Regarding the new compound, the Deputy CEO of Ezdan Holding Group remarked: "Our decision to name it Al Safwa stems from our conviction in the essentiality of enhancing our residents’ life quality through contemporary living spaces. These compounds are infused with amenities that epitomize luxury, ensuring a lifestyle brimming with conveniences. We’ve prioritized the incorporation of green spaces in our new properties, imbuing our compounds with a refreshing dimension that resonates with comfort, peace, and positivity for all residents. We’ve fortified this approach by offering services that elevate the living experience of our residents, such as the inclusion of gyms, swimming pools, and more, ensuring an ambiance of unparalleled luxury."

 

Mr. Dabash further elucidated that Al Safwa Compound stands out due to its distinctive offerings and services. These elements not only cater to the escalating market demands but also play a pivotal role in elevating the standards of the real estate market. By offering superior quality products at highly competitive rental values, the compound has garnered immense appreciation and positive responses within the real estate sector and from tenants alike. Among its remarkable facilities are a well-equipped hall for parties and events, separate gyms for men and women, sport-centric amenities, designated children’s areas, and exclusive family spaces.

 

Located strategically near Al Janoub Stadium, Ezdan Malls in Al Wakra and Al Wukair, as well as Al Wakra Hospital, Al Safwa Compound benefits from a thriving commercial and investment environment fostered by extensive road and infrastructure developments in the cities of Al Wakra and Al Wukair. The ongoing enhancements, in conjunction with the metro project and newly inaugurated road networks, bolster connectivity and accessibility, linking the compound seamlessly with various parts of the country, and contributing to the area’s vibrancy and growth.

 

It is worth mentioning that Ezdan Real Estate Company has recently launched a series of advanced residential Compounds in the areas of Al Wakra and Al Wukair, which provide more than about 1,100 residential units ranging from apartments and villas in addition to commercial outlets, which are distributed over four residential Compounds (Hayat Al Wakra Compounds "1-2", Jawharat Al Wakra, and Masat Al Wakra), which would add to the real estate market a distinguished real estate product of high quality with a competitive rent that contributes to meeting the demand in the real estate market for residential units, and by adding Al Safwa Compound to it, the number of advertised residential units reaches more than 1250 units.

 

Ezdan Properties' Renovation Strategy

Speaking on the company’s previously disclosed renovation strategies, the Deputy CEO affirmed that Ezdan Real Estate is committed to incessant enhancement and development of its services, aligning with the substantial developmental strides observed across the country. A holistic refurbishment program has been unveiled for 2023, targeting a multitude of villages and residential compounds, inclusive of those in Al Wakra and Al Wukair, as well as various residential structures and buildings in Doha. The refurbishments encompass structural modifications such as floor replacements, wall painting, and comprehensive building maintenance. This also includes the replacement of a significant quantity of furniture, electrical devices, and air conditioning units in the specified residential entities.

 

He further added, "We have meticulously curated a comprehensive plan with a predominant objective of achieving customer satisfaction. An exhaustive reevaluation has been conducted on all properties under Ezdan Real Estate Company’s ownership. This appraisal aimed to ascertain the state and requisite needs of all residential units, spanning from infrastructural advancements, furniture, electrical appliances, to air conditioning units, among others. Consequently, we have set in motion this plan, which is being systematically executed in progressive phases."

 


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Ezdan Real Estate launches 4 residential compounds in Al Wakra, featuring over 1,100 living spaces

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Ezdan is a supportive partner for the country's plans to host many sports tournaments

 

Deputy CEO of Ezdan Holding Group. Mr. Hani Dabash:

 

- Leasing opportunities in new compounds now available, interest surpasses our expectations

-                   Ezdan's leadership is secret of achieving many operational achievements during the past period

 

Doha – October 2023

Ezdan Real Estate Company has announced the introduction of a range of upscale residential developments in Al Wakra and Al Wukair recently. These new compounds encompass over 1,100 living spaces, including apartments and villas, as well as commercial outlets, spread across four residential compounds: Hayat Al Wakra Compounds "1-2", Jawharat Al Wakra, and Masat Al Wakra. These additions are set to enhance the real estate market with their exceptional quality and competitive leasing rates, catering to the market’s residential demands.

 

Mr. Hani Dabash, Deputy CEO of Ezdan Holding Group, disclosed that these compounds are already available for lease. Some have even achieved an occupancy rate exceeding 95%, while the leasing process for others is nearing completion. He highlighted the substantial interest shown by the public in these new compounds due to their array of services, facilities, and brand-new furniture and appliances. Mr. Hani Dabash, Deputy CEO of Ezdan Holding Group, added that the new residential compounds come within the framework of the group's expansion plans, in which the company is launching a new phase in its history, as the new compounds provide integrated services, modern furniture and advanced facilities, and include more than 1,100 very unique residential units in their quality, in vital locations in Al Wakra, as well as a package of wonderful services that include children's areas, playgrounds, gyms, swimming pools, in addition to a number of shops, supermarkets,  mosques, and others.

The compounds offered for lease are characterized by their vital location near Al Janoub Stadium and Ezdan Malls  in Al Wakra and Al Wukair, in addition to Al Wakra Hospital, and the surrounding area is witnessing a boom in the volume of commercial and investment business due to the road and infrastructure development projects that have been implemented in the city of Al Wakra and Al Wukair, in parallel with the metro project «Qatar Rail», and the road projects that have been opened to traffic to serve  the areas and link them to the rest of the country.

It’s notable that Masat Al Wakra Compound comprises around 272 residential units of fully furnished apartments and villas. Jawharat Al Wakra Compound accommodates 253 units, whereas Hayat Al Wakra (1) Compound holds about 287 units. Additionally, Hayat Al Wakra (2) Compound encompasses around 290 units. Each compound offers a mix of two-bedroom apartments and four-bedroom villas, along with various amenities and services.

 

Ezdan.... Long expertise and renewed vision

Ezdan Holding Group, along with its subsidiaries, possesses extensive experience in the Qatari market, particularly in the realm of real estate. Over recent years, the group has been successful in delivering unique and high-quality real estate products, enriching the Qatari market with a multitude of real estate projects. Ezdan Real Estate Company has recently inaugurated a series of villages and residential compounds, injecting thousands of remarkable residential units into the market. Their modern and unique management approach has significantly boosted occupancy rates, operational efficacy, and customer satisfaction. This success is a testament to the group's insightful management and visionary strategy, which has been diligently working over the years to augment its market presence, emphasizing the group’s crucial role in bolstering the country’s plans and initiating numerous vital projects.

The Group has contributed to the vision of its leadership in maintaining the stability of the real estate market through active participation in meeting the growing demand for residential, commercial and administrative units and keeping pace with population growth, which is one of the important pillars of the sustainable development movement in the country.

 

Ezdan... An active partner in hosting the largest sports tournaments

It’s notable that Ezdan Holding Group holds successful expertise in contributing actively to providing accommodation and hotel services for various tournaments that the country has hosted over the years. Examples of these include prominent events like the 2022 FIFA World Cup, the 2006 Asian Games, the Fourteenth World School Games 2009, the 2011 Pan Arab Games, the 2019 World Athletics Championships, the Beach Games 2019, among many other global championships. This accomplishment is attributed to Ezdan Group’s enthusiasm in actively involving all its subsidiaries to back the country’s initiatives, promoting the hosting of major international tournaments and forums.


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Ezdan Real Estate: Revamp plan for residential units and facilities met objectives in 2022, to extend in 2023

Deputy Group CEO Hani Dabash: revamp strategy yields positive outcomes; we are set to continue upgrading thousands of units in 2023.

Doha - June 2023

Ezdan Real Estate Company unveiled new developments in the comprehensive revamp plan that it launched during the past year, as the company announced its intention to develop thousands of residential units with their amenities during the current year, which includes changing furniture and appliances, washing machines refrigerators, and cookers), and the plan had included the completion of refurbishing a large number of residential units during the year 2022 in Al-Wakra, Al-Wukair and Doha.

Refurbishing operations include a construction aspect such as painting the external facades of all buildings and repairing damaged ones, changing doors and repairing car parking shades, renewing the external walls of residential compounds, interior painting of all public corridors of buildings, paving internal streets and planning directions, and the external facades of the club building, mosque and service buildings.

For his part, Mr. Hani Dabash, Ezdan Holding Group’s Deputy CEO, said: "We launched the revamp plan last year, and we have continued to work relentlessly in order to achieve the desired goals."

The plan resulted in the revamping of a large number of residential units and their amenities during 2022, and the campaign changed the external and internal appearance of the residential units in terms of the internal appliances, furniture and constructions of the residential units, and we received a plethora of positive feedback from the audience of Ezdan Real Estate.

“We earmarked budgets that have been made for the plan to achieve its main goal, which is to reach the satisfaction of our customers. We have worked during its launch to ensure that it is comprehensive and felt by all residents. It came based on a comprehensive re-evaluation of all real estate belonging to Ezdan Real Estate Company to determine the status of all residential units and their requirements between construction renovations, furniture, electrical appliances, air conditioners, etc., and therefore we launched the plan, which is being implemented in successive stages.”, Mr. Dabash added.

The Deputy CEO of the Group emphasized that the revamp initiative has concluded in a considerable number of residential units, though it didn't stop there. Refurbishing works are being carried out in a timely manner, and we are committed to keeping our stakeholders informed about the results and progress of this campaign, which is proceeding under a defined strategy designed to deliver comprehensive, modern residential catering to various societal segments.

Ezdan Holding Group, which owns thousands of multi-purpose real estate units in Doha, Al Wakrah and Al Wukair, has recently revealed its plans to roll out the "Al Janoub Gardens" project in the near future. The project is multi-functional (residential and commercial), offering fully furnished apartments of various dimensions along with commercial establishments. It also includes ample parking for both residents and visitors, and incorporates amenities such as mosques, children's play areas, and swimming pools spread across the project.

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EZDAN REAL ESTATE TAKES WRAPS OFF "HAYAT AL WAKRA" COMPOUND AS PART OF RESIDENTIAL UNITS HITTING MARKET IN 2022

Doha - June 2022

Hot on the heels of announcing the opening of Murooj Al Wakra compound, Ezdan Real Estate Company announced the opening of Hayat Al Wakra Residential Compound, as part of its recently announced time framed scheme to introduce more than 4,000 residential units during the current year including a series of fully furnished and developed residential compounds that the company intends to launch before the end of 2022. The newly opened compound offers several shops and a supermarket, comprising more than 287 residential units that are unique in their quality, promoting the level of real estate products introduced to the Qatari market.

Commenting on the opening of Hayat Al Wakra Compound, Mr. Hani Dabash, Ezdan Holding Deputy Group CEO, said: “We consider Hayat Al Wakra Compound as a new achievement added to the company’s record of achievements, as it comes within the framework of a series of completely modern residential compounds we are gearing up to launch where thousands of units will hit the property market, no later than the end of the current year. Such move responds to the market demands in such a crucial stage in the history of State of Qatar, in light of its hosting of the largest and most prominent international sports tournaments, so we consider such step as “glad tidings” for the property market; in other words, we are proceeding progressively according to the line-up that we set, and we will offer up to 4,000 residential units before the end of this year.”

Regarding the new compound, Dabash said: “We have decided to name the compound as Hayat Al Wakra, which is derived from the Arabic word Hayat meaning life, and this stems from our belief in the importance of improving the quality of life for our residents through modern residential compounds that make life easier and abounds in distinguished services, and we were keen to encompass the new properties with green spaces.

It gives our compound a new dimension that grants all its residents comfort, tranquility, and optimism, and we have worked to consolidate this concept by providing services that enhance the well-fare of our residents, such as gyms, swimming pools, and others.”

Mr. Dabash added that the residential properties that will be put on the market are “characterized by their qualitative differences in terms of the services they provide, which we believe will contribute not only to meeting the rising market demands but rather triggers an effective role in upgrading the property market by providing a high quality product at a competitive rental value.”

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EZDAN REAL ESTATE PARTNERS WITH MY BOOK, GIVING COMPLIMENTARY ACCESS TO HIGH-END OUTLETS FOR CARDHOLDERS IN 2023

Ezdan tenants to receive My book keys for free

Doha, January 2023

Following the great success achieved by the most popular savings application "Ezdan My Book" since its launch during the past two years, Ezdan Real Estate Company announced its continuation of the rewards program, which provides tenants with opportunities to obtain special and free offers at more than 500 of the most famous shops, including restaurants, tourist and entertainment places, etc. in Qatar.

According to the offer announced by Ezdan Real Estate, every new tenant or whoever renews his contract during the year 2023 will receive a special activation key directly from Ezdan Real Estate leasing officers for free, so they can avail wide range of offers and discounts.

Commenting on this partnership, Mr. Hani Dabash, the Deputy Group CEO of Ezdan Holding Group, said, "Ezdan My Book application comes as a reward from Ezdan Real Estate to its valued customers, as about 10,000 families have benefited from the application since its launch, using more than 26,000 purchase coupons, with a savings value exceeding about 1.1 million Qatari riyals.”

“The application serves a large segment of Ezdan Real Estate Company tenants seeking to renew their contracts or sign new contracts, which enhances their loyalty towards the company, and this privilege stemmed from our constant keenness to provide everything that is new and distinctive to our customers and give them benefits by using modern technology", he added.

The application came in cooperation between Ezdan Real Estate Company and My Book Qatar, which is one of the leading Qatari companies in the field of providing loyalty solutions and digital rewards, and the tenants can download the reward program from Android and iOS platforms It should be noted that the application gives complimentary access to luxury restaurants, fast food outlets, hotels, amusement parks, cafes, beauty, health and fitness centres, spas, sports clubs, shopping, and others.

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EZDAN REAL ESTATE UNVEILS DISTINCTIVE MULTI-PURPOSE "AL JANOUB GARDENS” REALTY PROJECT

Mr. Hani Dabash:

 • “Great urban leap is imminent in Al-Wukair region”
 • 75% of the new project completed, expected to be open for leasing by 2022-end
• The realty project features more than 2,608 residential and commercial units encompassed in 61 buildings
• Al Janoub Gardens spans over an area of 300,000 square meters and provides 4,400 parking lots

Doha - September 2022

Ezdan Real Estate Company revealed its plans to launch the multi-purpose "Al Janoub Gardens" project, which will include residential and commercial units by the end of 2022, comprising more than 2368 various sized fully furnished apartments, in addition to 240 retail outlets. The project features a huge number of parking spaces for residents and visitors, exceeding 4,400 external parking lots and basement floors, as well as mosques, kids play areas, and about 10 swimming pools spread in the project.

This new realty achievement has been unveiled during a press conference held by Ezdan Real Estate Company at the headquarters of Ezdan Hotel West Bay’s Conference Center, in the presence of Mr. Hani Dabash, Ezdan’s Deputy Group CEO, who affirmed that Al Janoub Gardens is one of the most important real estate projects accomplished by Ezdan during 2022. The project is rendered as a wonderful urban leap for the surrounding area of Al Wukair, as it provides a vein linking residential and commercial units and an integrated package of services, which would add to the market a distinguished, high-quality real estate product at competitive prices. This project is aimed at meeting the rising demand in the realty market for residential units which comes in alignment with Qatar’s hosting for many events, conferences, and international championships.

“Al Janoub Gardens project is divided into two phases (1 and 2), spans over an area 300,000 square meters, and construction operations have exceeded 75% in time being and will be offered for leasing during the last quarter of this year”, Dabash added. The Deputy Group CEO pointed out that the most important feature of the project is its provision of a fully serviced property granting the residents the feelings of living a modern life with its luxury and harmony surrounded by nature like green lawns, sports pitches as well as the outdoor and indoor gyms, swimming pools, and children’s play areas.

Such outstanding project highlights Ezdan Real Estate Company’s long expertise in the real estate sector to serve its vast audience of institutions and individuals seeking to obtain a quiet and comfortable residence granting prosperity and happiness for all family members.

The Deputy Group CEO explained that “Al Janoub Gardens” is located in a vital area on Al Wakra Expressway and Al Wukair main road opposite to Al Janoub World Cup Stadium, and it is a few minutes away from Al Thumama Stadium, Al Wakra Hospital and Ezdan Malls in Al Wakra and Al Wukair, and the area around it is witnessing a booming business, which emanated from massive road and infrastructure development projects that were implemented, in parallel with the metro project, and road projects that were opened to traffic to serve the regions and link them to the rest of the country.

“We consider Al Janoub Gardens a master stroke in 2022, adding a milestone achievement record to Ezdan Real Estate Company, which abounds in accomplishments, and initiates a new stage in the company’s journey with the announcement of its plans to launch a series of completely modern residential compounds, pumping more than 4,000 residential units into the real estate market, which meets the aspirations and requirements of the market during that historical stage of the State of Qatar, in light of its hosting of the largest and most prominent international sports tournaments ever.

Mr. Dabash explained that the residential properties that will be put on the market are "characterized by their qualitative differences in terms of the services they offer which we believe will contribute to meeting the growing market need and also have an effective role in upgrading the real estate market by providing a wonderful product to those looking for quality and excellent rentals.”.

Regarding the new compound, Mr. Hani Dabash, the Deputy Group CEO said: “It is located near Al Janoub Stadium, which is one of the most important stadiums that will host the key sports matches during the coming period. As for the choice of the word gardens, it was an expression of the company’s interest in providing green areas within the scope of the project, which enhances environment preservation and serves mental comfort and happiness for all residents of the compound.

Accelerated pace of development plans

On the development plan launched by the company at the end of last year, the Deputy Group CEO highlighted that Ezdan Real Estate focuses on improving and developing its services continuously, as the company completed the development of a large number of villages and residential compounds during the last period of the current year 2022 and the plan is scheduled to include about 37 residential villages with a total number of units exceeding 15,000 units in 5 phases, a large number of which have already been completed.

Among them are residential villages in Al Wakra and Al Wukair, and residential compounds and buildings in Doha. The renovations included a structural revamp including floor replacement, painting walls, and performing integrated maintenance operations for buildings, in addition to replacing most of the furniture, electrical appliances and air conditioners in the mentioned residential units.

The company had announced an integrated plan whose main objective is to reach the satisfaction of its customers, and it has conducted a comprehensive re-evaluation of all properties belonging to Ezdan Real Estate Company to assess the condition of all residential units and their requirements in terms of construction developments, furniture, electrical appliances, air conditioners, etc., and thus launched the plan that is carried out in successive stages.

It is noteworthy that Ezdan Holding Group owns about 32,000 real estate units of various purposes in Doha, Al Wakra and Al Wukair, and it has offered for rent during the last period one of the phases of the “Ezdan Oasis” realty project, the largest of its kind in the Al Wukair area, aka the land of a million, which comprises residential, administrative, and commercial units, and it is an integrated city in the Al Wukair area.

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