Namaa Doha breaks ground on high-end villa project in Qatar
CONSTRUCTION NEWS
Qatar-based Namaa Doha Real Estate has broken ground on its high-end villa project, The Pearl, located within the Giardino Village, on a tranquil enclave in close proximity to The Pearl’s retail centres of Medina Centrale and Porto Arabia.
The exclusive development features a mixture of properties ranging from 470 to 2,427 sq. m. as well as completed villas, villa plots, and low-rise building plots with a ground floor and three to five additional stories.
On completion in Q3 next year, the project will house 49 standalone villas, each comprising two levels, a basement, and a penthouse in addition to a private pool and parking spaces.
Announcing the ground breaking, CEO Abdulaziz Muhammed Hamad Al Mana said: "We are proud to announce Namaa Doha Real Estate’s first foray into real estate with the flagship development of high-end villas at Giardino Village."
"This is in line with the company's belief in providing luxury projects in the local market that meet customers’ aspirations, in addition to providing a calm haven at strategic locations. These endeavours are boosted by positive trends that are projected across the local market which is witnessing great stability as the country makes great headway in preparing for the FIFA World Cup 2022 - now only one year away," he stated.
"Namaa Doha Real Estate is proud to play an important role in these efforts and be an important anchor in the history of sustainable development of the country," he added.
According to him, all the 49 units are open for sale through real estate brokerage companies approved by the company.
"The project presents a unique opportunity for investors who are interested in The Pearl’s top-tier neighbourhood. Interested buyers can also take advantage of bank financing options to reserve a unit," he added.-TradeArabia News Service
