Northern Qetaifan Island’s Residential Lands First Phase Nears Sell Out in Bidding Auction Strong Investor Interest in Qatar’s Future Iconic Destination

Strong investor interest in Qatar’s future iconic destination – Qetaifan Island in Lusail – has been demonstrated with almost 80% of the Northern island’s residential lands first phase selling in a bidding auction event held at the Ritz-Carlton Doha on December 2.

The auction was conducted by Just Real Estate (JRE), Qatar’s leading property service provider, on behalf of the country’ leading global hotel owner, developer and operator, Katara Hospitality, which is developing and managing Qetaifan Island North through its Qetaifan Projects Company subsidiary. JRE has been appointed exclusive sales agent for Qetaifan Island North.

 “We are very encouraged by the keen response investors have shown in this iconic project, explained His Excellency Sheikh Nasser bin Abdulrahman Al Thani, Vice Chairman of Katara Hospitality and Managing Director of Qetaifan Projects. “This is a huge vote of confidence in the future of Qatar, the anticipated viability of its hospitality and tourism sectors and the intended quality of lifestyles in Qatar.”

In a message to auction-goers, His Excellency delivered a brief on Qetaifan Island North, which will offer a mix of entertainment, residential, hospitality and retail investment opportunities and with its first phase due for completion by November 2021. He explained that Qetaifan Island North will be connected to the coastal city of Lusail by an iconic ‘hanging bridge’.  He said the main goal of the island is to provide recreational and entertainment services and activities for families and visitors. More than half of the 1.3 million square metre island – some 830,000 square metres – is to be given over to projects including a 129,296 square metre water park, luxury hotels, well-serviced, high-end homes, a mosque, school and central park.

The central park is planned as a recreational outlet for families built alongside a lake which will connect to the sea allowing a host of leisure opportunities, including fishing, boating and other activities related to the Qatari culture. The park will also host snack stalls, toilets, prayer rooms, viewing benches, air-conditioned meeting rooms, children’s games rooms and lounges.

Qetaifan Island North will also have access to seven beaches and will include an exclusive club providing recreational activities for visitors to the island and its residents. Club services will include a restaurant, swimming pool, health and sports clubs, a children’s area as well as a beach corridor for swimming.

Auction investors were limited to bidding on two plots only with a lottery held for those making multiple offers and willing to pay 100% of the estimated value. The unsold land parcels have been opened to bid to those who failed to secure purchases at the auction and those investors who bid on two parcels but secured only one. JRE has set up a dedicated team to exclusively focus on selling the available 20% plots using its extensive market expertise.

His Excellency Sheikh Nasser Bin Abdulrahman Al-Thani, Qetaifan Project Managing Director and Katara Hospitality Deputy Chairman has previously described the Island’s location and its distinctive waterfront as representing “a new and exciting way of life that symbolizes vision and future ambition, offering its residents an integrated living experience.”

Qetaifan Island North is also intended to serve as a central entertainment and leisure destination for the 2022 FIFA World Cup given its proximity to the Lusail Stadium where the opening match and final will be held.

The Phase 1 masterplan, infrastructure and components of Qetaifan Island North was designed by Atkins, one of the world’s most respected design, engineering and project management consultancies. Its mandate was to design a destination which would change the world of hospitality through investment and innovation to leave an outstanding legacy for future generations, in line with the Qatar National Vision 2030.

Just Real Estate Appointed Exclusive Sales Agent For Iconic Qetaifan Island North

Qetaifan Projects Company, a subsidiary of Katara Hospitality, Qatar’s leading global hotel owner, developer, and operator, has appointed Just Real Estate (JRE), the country’s leading property service provider, as an exclusive sales agent for its iconic Qetaifan Island North development.

“This is a huge vote of confidence in Just Real Estate,” commented Eng. Nasser Al-Ansari, JRE Chairman. “We are honored and excited to be associated with this iconic waterfront destination which will redefine the local and regional residential, hospitality, entertainment, and leisure sectors through investment and innovation. Working with Katara Hospitality, we will ensure the success of this glass-ceiling development which will leave an outstanding legacy for future generations, in line with the Qatar National Vision 2030,” commented Eng. Nasser Al-Ansari, JRE Chairman.

“Given Qetaifan Island North’s role in significantly raising Qatar’s global profile, I can assure our clients, investors, residents and the public in general that JRE will bring its best efforts to ensuring the total realization of strong investor interest in this multi-faceted destination.”

The 1.3 million sqm Qetaifan Island North, which will be connected to the coastal city of Lusail via a statement hanging bridge, will be a family-oriented recreational and entertainment hub offering residential, hospitality and retail investment opportunities. More than half the island will comprise a huge water park, luxury hotels, well-serviced, high-end homes, a mosque, school and a lakeside central park that will connect to the sea allowing leisure activities including fishing and boating. The park will also host snack stalls, toilets, prayer rooms, viewing benches, air-conditioned meeting rooms, children’s games rooms, and lounges.

Qetaifan Island North will also have access to seven beaches and will include an exclusive club with recreational activities for visitors and residents including a restaurant, swimming pool, health, and sports clubs, a children’s area as well as a beach corridor for swimming.

Due to its proximity to the Lusail Stadium, which will host the opening match and final of the 2022 FIFA World Cup, the development will also be a central entertainment and leisure destination for tournament-goers.

 

The first phase of Qetaifan Island North is due for completion by November 2021.

 

Qatar’s Just Real Estate To Market London’s Prestigious Asquith House Properties

Qatar’s Just Real Estate To Market London’s Prestigious Asquith House Properties

Stunning New Urban Retreat At Entrance to Lively West End In Elite W2 District

 

Doha, Qatar- xxx November, 2019: Just Real Estate (JRE), the leading property service provider in Qatar, has expanded its influence in London’s aspirational property market having taken up the marketing of homes within the new Asquith House urban retreat in the prestigious W2 postcode area.

 

“W2, which takes in Bayswater, Queensway and Paddington, is a statement postcode and Asquith House is the height of refinement within this very aspirational district,” explained Eng. Nasser Al-Ansari, JRE Chairman. “The tower is at the entrance to London’s vibrant West End close in which many of the city’s major tourist attractions, shops, businesses, government buildings and entertainment venues, including West End theatres, are concentrated. It is aptly named West End Gate.

 

“The exclusivity of the address is underlined by the superior residents’ amenities rarely found within London in the neighbouring Westmark Tower with a dedicated lounge, a big-screen private cinema and a private dining room which can be booked through the 24/7 concierge service which ensures discretion, privacy and safety for residents.”

 

Residents’ wellness and relaxation is also catered for with an expansive swimming pool, steam room, sauna, treatment suites and gym in the Westmark Tower.

 

Developed by the UK’s award-winning Berkeley Group, Asquith Tower, is a modern interpretation of the much-admired, classic London mansion block and is named after Lord Herbert Henry Asquith, who served as the UK’s Prime Minister from 1908 to 1916.

 

A range of studios, one, two, three and four bedroomed apartments are available on a 999-year-lease and come with a 10-year build warranty. Residents’ privacy and security is enhanced via a video entry system viewed by individual apartment handsets and screens and multi-point locking and spy hole views in all apartment entry doors. Residents can also obtain access to a CCTV-monitored underground parking area.

 

 

 

Designed with elegant simplicity, the interior spaces have been thoughtfully sculpted and dressed. Elegant and generously proportioned living rooms come with a balcony. Fully-fitted, beautifully appointed kitchens are a masterpiece of design with smooth surfaces complemented by polished metal accents.

 

The Tower is perfectly positioned to reach the best of London and the UK with the Edgware Road and Paddington Station within walking distance, Regent’s Park, and Kings’ Cross, Liverpool St and St. Pancras stations a short Tube ride away. Heathrow Airport can be reached in a 15-minute taxi ride.

 

Asquith Tower has been designed as an oasis of urban calm and landscaped for living with its own residents’ garden, which is framed by greenery and has a linear water feature, which tapers into a small cascade, flowing through its square. The Tower is also a sweeping vantage point over the peaceful West End Gate gardens immediately connecting residents to a place of classical tranquillity and beauty.

 

Asquith Tower is an ideal base for arts and culture lovers. West End Gate is surrounded by a creative scene that gives residents ample opportunities to explore London’s historic art, music and design destinations from the world-leading Victoria & Albert Museum, to the vast Royal Albert Hall. The neighbourhood offers a window into contemporary visual culture, spotlighting pioneering artistic talent across influential spaces including the Lisson, Saatchi and Serpentine Galleries.

 

Oxford Street, the UK capital’s premier shopping street, is moments away, giving an alluring glimpse into avant-garde fashion, futuristic tech and Britain’s best department stores, including Selfridges – the iconic retail destination founded by Harry Gordon Selfridge in 1908. There are fast underground links to Harrods and the stylish showrooms and flagship stores that surround it.

 

The tower is also an ideal base for those looking to study in London. West End Gate is within easy reach of the UK’s top universities, many belonging to the prestigious Russell Group universities and their shared focus on research and a reputation for academic achievement. From the world-class London Business School, to the innovative Central Saint Martin’s art college and the Royal Academy of Music – the UK’s oldest music conservatoire– Tower residents will be close to truly diverse and international student bodies.

“Asquith Tower offers an investment opportunity rarely found within the heart of London with unsurpassed amenities and access to all the attractions that make the UK capital one of the world’s most sought-after destinations. The location, combined with the renowned quality delivery of Berkeley make this an exceptional offer,” added Al Ansari.

 

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