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, yesterday. Phase 2 Villa Plots consist of 51 plots which include beach access villas, waterfront villas, and garden villas. The project also features 10 villas with beach views. The beach villas have access to a 5-star operated beach which makes it an innovative offering launched for the first time in the the Middle East.

“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,” said Sheikh Nasser bin Abdul Rahman Al Thani addressing a press conference held yesterday at The Ritz Carlton Hotel. 

“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,” he added.

The press conference was also attended by Hesham Sharaf, Chief Operating Officer; Sheikh Nasser bin Abdulaziz Al Thani, Head of Business Development Department at Qetaifan Projects, and Nasser Hassan Al Ansari, Chairman of the Board of Directors of Just Real Estate Company, and Salman Jassim Al Darwish, Chairman and CEO of Al Boraq Automobiles Co. W.L.L. Additionally Eng. Jamal Al Kaabi, Board Member of Qetaifan Projects, and Samer Malaeb – Regional Director of Admares and other senior officials were also present during the event.

During the conference, Qetaifan Projects signed a memorandum of understanding with Al Boraq Automobiles, which includes the supply and construction of electric charging stations for electric cars on Qetaifan Island North.

“The demand for investment in phase 1 of Qetaifan Island North reflects the position the company has reached in the local real estate development market, indicating that the project represents a starting point for Qetaifan Projects towards developing more projects and serving various state sectors,” said Sheikh Nasser bin Abdul Rahman Al Thani.

Qetaifan Island North is part of Lusail city, and features seven beaches, which makes it a distinctive waterfront for the city. The island spans 1.3 million sqm, and the area of projects on the island extends to approximately 830,000sqm. 

“We believe in the future of Qetaifan Island North and are working hard and sincerely to make the island a pioneering touristic destination,” said Sheikh Nasser bin Abdul Rahman Al Thani.

He explained that Qetaifan Island North serves the plans to host the 2022 World Cup, as it provides modern facilities capable of accommodating a large number of hotels, retail outlets, restaurants, and unique recreational facilities such as the waterpark and the vast green spaces. 

“Qetaifan Island North represents a commitment to investing in the development of the tourism industry and strengthening the hospitality sector in Qatar, indicating that Katara Hospitality’s vision aims to change the world of hospitality through investment and innovation, which would leave a prominent legacy for future generations in line with Qatar’s National Vision 2030,” he said. 

Nasser Hassan Al Ansari, Chairman of Just Real Estate, added, “The sales launching of Qetaifan Island North’s phase 2 is an addition to the real estate market in Qatar, and presents an opportunity for investors and those wishing to build their own villas with stunning sea views. Qetaifan Island North is an investment attraction that offers a great mix of entertainment, housing and hospitality. Phase 2 investors are of the category of people looking for a distinctive lifestyle, as the project also provides an opportunity in a central entertainment destination for the 2022 FIFA World Cup.”

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. 

It has been already announced that the door for reservations will be opened to all.

Qetaifan Projects signed a memorandum of understanding with Al Boraq Automobiles for 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 located in the beach club on the island.

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