News & Updates

OCCUPANCY RATES OF EZDAN’S AL WAKRA VILLAGES HIT RECORD HIGHS AT 95 PERCENTAGE

Hani Dabash: Projected growth to 97% in all villages during 2022

Doha- January 2022 

Ezdan Real Estate Company, the major real estate developer, has recently unveiled a record success posting occupancy rates exceeding 95% in most residential villages in Al Wukair area during the fourth quarter of 2021. Meanwhile, the rental index continues to rise gradually in a parallel with the rising demand for rent in fully furnished apartments and villas in Ezdan villages.

Commenting on such promising figures, Mr. Hani Dabash, the Deputy Group CEO, said: "Our properties are witnessing an increasing demand day after day, for a couple of reasons, the most important of which is the whole gamut of service development within the residential villages, which renders our residential units the ideal choice for those seeking to obtain a convenient accommodation that does not cause a strain on their budget.”

“The rental indices are recording a rocketing rise in all properties owned by Ezdan Real Estate Company, exceeding the threshold of 95% in most residential villages in the Al-Wakra area, while we expect occupancy rates to reach 97% in most residential villages during 2022." Dabash added.

Mr. Dabash expounded that the urban growth and tremendous development witnessed by Al Wukair area came as a result of the efforts of the state in this regard, which developed an advanced road network that contributed significantly to the stark rise in population growth rates in the region, especially in light of the availability of a number of vital facilities and institutions throughout Al Wakra and Al Wukair areas.

It is worth noting that occupancy rates are achieving outstanding success in most of the properties of Ezdan Real Estate Company thanks to the insightful strategies devised by the leadership of the Ezdan Holding Group, which aim to achieve market requirements and meet its needs, in addition to the development of commercial and investment businesses in the areas of Al Wakra and Al Wukair, as a result of road and infrastructure development projects that were currently implemented in parallel with the metro project "Rail", and road projects that were opened to traffic to serve the southern regions and connect them with the rest of the country, such as the Orbital Road Project, Hamad Port Road, G-Ring Road and the southern part of Doha Expressway, which triggered a growth in population in those areas.

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EZDAN REAL ESTATE REWARDS TENANTS WITH FREE EZDAN - MY BOOK SUBSCRIPTION

For the best interest of its tenants and customers; Ezdan Real Estate has launched rewards and savings program "Ezdan My Book", which is a new branded application that provides tenants with opportunities to obtain special and free offers at more than 500 outlets of diversified brands and categories including eateries, luncheonettes, cafes, hotels and hostels, and recreational outlets in Qatar. Each new tenant or renewing resident will be granted a free subscription during the year 2021, with specialty keys distributed on every new contract at leasing offices, where the tenants and their families can enjoy this privilege, discounted prices and offers.

 “This new branded application will serve a large category of Ezdan Real Estate Company clientele and the tenants setting to renew their tenancy contracts. This is an initiative from our part to enhance the customer loyalty, and the idea stems from our incessant efforts to provide state-of-the art smart promotional offers and maximize the benefits of our customers”, Mr. Hani Dabash, Deputy CEO of Ezdan Holding Group stated. 
“The activation key code can used on multiple bases by the user and his family on their smartphones, which provides a more general benefit to the tenants”, he added.

Dabash pointed out that Ezdan Real Estate is preparing to launch a package of unique advantages, which bear surprises for existing tenants as well as new customers, and will be revealed during the forthcoming period.

All new tenants or upon renewing a rental contract for a residential unit can obtain the key to activate the application, so that the tenant can use all the offers available on the application when downloading from the application library available on both the Android and iOS platforms.
The new application is produced as part of cooperation between Ezdan Real Estate Company and (My Book Qatar), one of the leading Qatari companies providing loyalty and digital rewards solutions.
It should be noted that the application includes a large number of classy restaurants, fast food outlets, hotels, parks, cafes, beauty centers, health and fitness, spas, sports clubs, shopping centers and others.

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EZDAN REAL ESTATE UNVEILS INTEGRATED PLAN TO DEVELOP 17 VILLAGES IN 2022

Hani Dabash: The development in progress, booming results to loom soon

Doha - February 2022

In the course of its strategy to continuously improve and develop its services, Ezdan Real Estate Company, the major real estate developer, unveiled an integrated multi-tiered plan for the comprehensive development of about 17 villages and compounds to take place in 2022, including residential villages in Al Wakra and Al Wukair and residential buildings in Doha, entailing construction works. The revamp works will include flooring replacement, wall paints, full-range maintenance operations for buildings, as well as replacing most furniture, electrical appliances and air conditioners.

Commenting on such running works, Mr. Hani Dabash, the Deputy Group CEO of Ezdan Holding Group, said: “In fact, we have developed an integrated plan whose main objective is to enhance the satisfaction of our customers. The planned operations will cover structures, furniture, electrical appliances, air conditioners, etc., and therefore we have brough forth the plan, which is implemented in successive stages, and will be carried out in 17 residential villages during the current year. We expect to reap the first successful results of the development process as soon as we announce the completion of works in our properties.”

“The development plan has already been launched in a number of villages and residential compounds and included a set of external and internal renovations; buildings, fences and gates, in addition to providing residential units with furniture and modern electrical appliances. Works will also include renovating floors and kitchens, developing carports and sidewalks, as well as refurbishing the main entrances and external lighting, kids’ zones, swimming pools, main playgrounds, gyms, mosques, social clubs, and other facilities”, Dabash added.

“Ezdan Real Estate is conducting renovations for Ezdan Holding Group-owned villages and compounds in Doha, Al Wakra and Al Wukair according to a carefully defined framework to enhance the service it provides to customers and ensure the excellence of Ezdan in the real estate sector; it operates according to a clear strategy that aims to provide a full-range modern residence at competitive prices in the property market for different segments of the population of Qatar, and the middle class in particular”, Dabash noted.

It is noteworthy that Ezdan Holding Group owns about 32,000 real estate units of various purposes in Doha, Al Wakra and Al Wukair, that have been offered for rent during the recent period. One of the milestones projects offered to the audience is "Ezdan Oasis" real estate project, the largest of its kind in Al Wukair area, aka “the land of a million square meter”, which comprises thousands residential, administrative and commercial units, within Al Wukair region.

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