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CONSTRUCTION NEWS

Al Asmakh, Paramount to build luxury tower

Apr 9, 2017 7:40 AM

Qatar s Al Asmakh Real Estate and Paramount Hotels and Resorts have teamed up to build the country s first Hollywood-inspired residential tower at The Pearl-Qatar said a top official. The upscale residential...

Qatar’s Al Asmakh Real Estate and Paramount Hotels and Resorts have teamed up to build the country’s first Hollywood-inspired residential tower at The Pearl-Qatar, said a top official.

The upscale residential project – Paramount Residences Doha The Pearl is set to open in the fourth quarter of 2018, Fadi Barakeh, general manager of Asmakh Real Estate Development was quoted as saying in a Gulf Times report.

“This project is the first of its kind in The Pearl-Qatar, making it the next destination in the country. This is going to be the future of residential luxury,” Barakeh said.

He said the residences consist of 196 units, comprising one, two, and three bedrooms, including four elite duplex units. The amenities include Paramount Hotel and Resorts’ signature elements and destinations such as the California-inspired pool deck, work-play suites, a coffee shop, screening room, wellness and fitness centre and Kids’ Studio Club.

As part of their investment, buyers of Paramount Residences Doha The Pearl will be able to enjoy "extraordinary views of the island’s beautiful waterfront, experience eclectic food and beverage offerings, and will be able to participate in a selection of exclusive entertainment”, a statement said.

“This project is a major release, shaped by a team of uniquely creative minds and developed by Al Asmakh, a leading luxury lifestyle hospitality management company in Qatar, one that celebrates the power of creativity to meet the needs and imaginative spirit of the upper echelon of the discerning modern luxury traveller,” the statement added.

Paramount Hotels and Resorts CEO Thomas van Vliet said: “The hotels, resorts and residences produced by Paramount Hotels and Resorts will be developed using the creative process honed over Paramount’s 100-year history.”

“Warm service, design, entertainment, food, beverage and spa concepts will combine magically to mark a new chapter for the brand and to set a rare standard in luxury residential projects.”

Barakeh said: “We are honoured to host the first Paramount-branded real estate development in Qatar as it can only help elevate the country’s reputation as an international destination and The Pearl-Qatar seems a natural fit for such a prestigious project.”

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