Qetaifan Island North launched the sales of second phase of residential villa plots
His Excellency Sheikh Nasser bin Abdul Rahman Al-Thani, Managing Director of Qetaifan Projects and Vice Chairman of Katara Hospitality launched the sales of the second phase of residential villa plots on November 11, 2020, during the press conference hosted by the Ritz Carlton Hotel.
The conference was attended by Mr. Hesham Sharaf – Chief Operating Officer, Sheikh Nasser bin Abdulaziz Al-Thani – Head of Business Development Department at Qetaifan Projects, and Mr. Nasser Hassan Al-Ansari – Chairman of the Board of Directors of Just Real Estate Company – Sales Agent, and Mr. Salman Jassim Al-Darwish – Chairman and CEO of Al Boraq Automobiles Co. W.L.L.
In addition to Eng. Jamal Al-Kaabi – Board Member of Qetaifan Projects, and Mr. Samer Malaeb – Regional Director of Admares, among a group of VIPs, visitors, as well as journalists and reporters.
On this occasion, His Excellency Sheikh Nasser Bin Abdul Rahman Al-Thani – Managing Director of Qetaifan Projects, said "Given the high demand on Qetaifan Island North’s Phase 1 villa plots, which was launched last year during Cityscape exhibition after studying the market and by offering competitive prices and payment facilities to owners and investors, and in continuation of the company's success, we announce the sales launch of Phase 2 Villa Plots, consisting of 51 plots including beach access villas, waterfront villas, and garden villas. His Excellency added, "We have launched a new real estate product for the first time in the Middle East, which is 10 villa plots with access to a five-star operated beach, at competitive prices, and financing facilities for either owners or investors.
A new real estate product for the first time in the Middle East
The new product is 10 villas with beach views, and the beach villas have access to a 5-star operated beach for the first time in the Middle East. This will give more privacy to the villas and allow their residents to enjoy the services and facilities of the hotel.
It is worth mentioning that the areas of the beach access villas range from 1000sqm to 2400sqm, the waterfront villa plots range from 1000sqm to 1800sqm, and the garden villas reach an area of 1300sqm at an average of 850sqm.
The design of the villas allows building a ground floor in addition to two floors, including the first floor and a penthouse, and a basement can also be built for those who wish. The villa plots are located on the Eastern side of the island on the beach and overlook the hotel.
The plots are designated for the construction of residential villas, including beach access villas, waterfront villas, and garden villas. For transparency, the same sales mechanism that was used in Phase 1 will be applied; by bidding on the down payment only in a ceremony attended by all interested investors who reserved a plot.
Achievements despite the COVID-19 pandemic
On this topic, His Excellency Sheikh Nasser bin Abdul Rahman Al Thani, Managing Director of Qetaifan Projects said, “In the challenging time of the Coronavirus pandemic, we have been keen throughout the previous period to follow the precautionary measures put in place by the Ministry of Public Health and the Supreme Committee for Crisis Management to ensure the continuity of work at the construction site. We reached more than 4 million man working hours around the clock, seven days a week.”
"There are about 7,000 workers and 7 contractors entrusted with implementing 7 different project packages on site. On the corporate level, Qetaifan Projects signed a contract with Sarner International to implement the edutainment ride at the water park, which will witness 3D augmented reality shows about the story of discovering oil and gas in Qatar in order to enrich the Qatari culture. We also signed with Severn Lambs to manufacture trains that will connect the water park to the Icon Tower island” he added.
"As for Qetaifan Projects’ team, the accounting team obtained the accreditation of the Association of Chartered Certified Accountants, as well as 7 employees obtained memberships from The Chartered Institute of Marketing, and Qetaifan Projects won the award for the Best Place to Work in Doha. We always consider one of our most important achievements is that we mostly rely on the local private sector in the construction of Qetaifan Island North,” he concluded.
In this regard, His Excellency Sheikh Nasser bin Abdul Rahman Al-Thani, Managing Director of Qetaifan Projects, said, “One of our strategies is to rely on bringing global expertise and join efforts with national institutions to support Qatar’s economic vision, which will positively reflect on the brand. The company is establishing its position in the local market, and among these national institutions are JEEM TV and Baraem Channel, which were hosted to film Al-Tahadi program, for the first time on one of Qetaifan Island North’s beaches, in addition to Al Khaliji Bank, the financing partner who works to provide facilities for those wishing to invest in Qetaifan Island North. As well as the sales agent, Just Real Estate, which competes with International real estate agencies”.
During the press conference, Qetaifan Projects signed a memorandum of understanding with Al Boraq Automobiles Co. W.L.L., which includes the supply and construction of electric charging stations for electric cars on Qetaifan Island North.
In addition to a showroom focusing on the benefits of using electric cars and their impact on the environment, that will be in the beach club on the island. This comes in line with the state’s drive to increase long-term sustainability projects. Hence, Qetaifan Projects has added a new global brand to its partners' portfolio.
To ensure transparency, and in accordance with the principle of equal opportunity for all, the sale process will be through bidding on the down payment for each plot, the same process that was followed for phase 1 villa plots, and accordingly, all those wishing to own a property in Qetaifan Island North will be invited to an event that will be held at the Ritz-Carlton Hotel on December 8, 2020.
Noting that it has been announced that the door for reservations will be opened to all during the launching of “Qatar Achievements on Vocational Safety Book” event in October 2020, where Qetaifan Projects won the Safety Excellence award in the real estate sector.
Marketing plans, competitive prices, and new products
His Excellency Sheikh Nasser bin Abdul Rahman Al-Thani, Managing Director of Qetaifan Projects and Vice Chairman of Katara Hospitality added, "The sales launching of phase 2 at this time means a lot to us, and as a company and team, it places more responsibility on us towards this huge national project through which we seek to be in line with the national vision of the State of Qatar and the country's aspirations to lay the foundations for development in all sectors.
“We work at Qetaifan Projects to study supply and demand, and we always strive to keep pace with the needs of the real estate market, and we renew our plans continuously in line with the market state and the sectors that Qetaifan Island North will cater to,” he added.
He continued, “All involved parties, starting from Qetaifan Projects’ team and ending with the investor, in addition to the partners, whether local or international, are winning and lucky to work on this project, and we still have more plans and products that will enrich the real estate development market in Qatar at competitive prices."
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