Ezdan Holding Group is Preparing to Launch the First Phase of Ezdan Oasis
Ezdan Holding Group has announced, amid its participation in Cityscape 2017 held from 13 to 15 March under the patronage of Prime Minister and Minister of the Interior in the State His Excellency Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, that the first phase of "Ezdan Oasis" project is to open soon to public. Ezdan Oasis project is spread on a total area of one million square meters in Al Wukair. It consists of four phases, offering up to 9,346 residential units.
The Group announced that the first phase consists of 2,058 residential units and outlets, and will include 180 commercial units such as restaurants, cafes and vital facilities of different sizes.
Commenting on "Ezdan Oasis” project, Chief Executive of Ezdan Holding Group Mr. Ali Mohammed Al-Obaidli said, "We are all set to make the best of our participation in Cityscape of this year, to disclosure our latest news in the world of real estate development and to shed light on Ezdan contributions in response to the growing demands in the real estate sector in Qatar. From this standpoint, Ezdan Oasis project came on the ground and is considered to be the largest of our projects in the world of real estate, which enhances the position of Ezdan as a leading company in the market. During the development of this project, we took into consideration to implement the idea of services integration and to provide a modern quality product in order to become an all-inclusive mini-city that enjoys all the facilities for all segments of society. We expect that this project will see a great success and a large turnout under the rapid pace of development witnessed by the area of Al Wakrah”.
Al Obaidli added: “We are now in the process of launching the first phase, which consists of 1,820 housing units of varied sizes. This initial phase will also comprise the opening of two schools to serve dwellers, in addition to four clubs”. He pointed out that the most important aspect of the project is its strategic location in Al Wukair. The new units are only 13 km away from the airport, bordered by Al Wakrah General Hospital, Barwa City, and in the vicinity of Ezdan’s two malls, Ezdan Mall Al-Wakrah and Ezdan Mall Al-Wukair.
This first phase of the project includes all the services found in most Ezdan villages and compounds, such as around the clock security services, swimming pools, dedicated parking lots, as well as maintenance and installation services. As for the residential category of the project, units are comprised of 1, 2 and 3 bedroom apartments, fully furnished with modern appliances that take the utmost advantage of space to provide comfort for all tenants.
Commenting on the remaining stages of Ezdan Oasis project, Al Obaidli said: “We were able to complete the first phase in a short period of time compared to its large size. This was due to multiplying our efforts and working in cooperation with executive parties of high caliber and large expertise in the field of construction and real estate development, since our customer base is in constant growth, which consequently increased demand on our units”.
It should be noted that Ezdan Holding Group is a leading real estate sector in Qatar. It holds a large portion of real estate investments in the State, possessing more than 29,000 multipurpose residential units, where 9,000 of which are under construction within Ezdan Oasis. The company alone houses 4% of Qatar’s total population, with units in strategic locations such as in Doha and other vital areas.
Driven by its excellence in real estate and construction and its investment diversification strategy it adopted in 2012, Ezdan Holding Group was keen to explore other vital sectors that represent a strategic operational extension to its real estate assets. Consequently, the Group has invested in sector of malls to provide service and recreational facilities for its customers living in its residential compounds and villages. Its endeavor within this area yielded an unrivaled success as its first mall opened in the heart of the lively Gharafa area, namely “Ezdan Mall Al Gharafa” in 2013. By the end of the previous year, the Group has also announced the gradual opening of Ezdan Mall Al Wukair, and the inauguration of Carrefour in Ezdan Mall Al Wakrah, which will stimulate commercial activities in this area.