Mr. Fahad Khaled Al-Ghunaim, Chairman and CEO of First Qatar Real Estate Development Company, announced the launch of 51 housing units within the “The Townhouses The Pearl” project, including duplex units from two and three bedrooms to three bedrooms with an additional room , including interior designs Beautiful, fully furnished units complemented by a five-star hotel service.
In an interview with Al Sharq, Mr. Fahad Al-Ghunaim added that the owners of the residential units within the project will enjoy unprecedented benefits and levels of luxury, as they can enjoy all the integrated hotel services offered by the Hilton Doha Hotel at The Pearl, consisting of 3 restaurants, a swimming pool, a health club and other privileges. The units are divided into two parts A and B. The first section overlooks a 4,500-meter-long beach, which is also the hotel’s private beach, and the second overlooks the Cartier Canal in The Pearl.
He added that the company guarantees its customers the highest level of quality, to offer the best level of luxury, starting with the magnificent view of two direct sea facades, and by equipping the unit with contemporary and comfortable interior designs with the highest standards in modern luxury living area, world-class furniture, and a smart system for operating electrical and electronic appliances Inside the unit, ensuring complete privacy for each unit. In addition to providing multiple means of payment and installments, with the possibility of renting out the housing unit to the customer after it has been purchased to invest in it and benefit from the proceeds thereof.
And the text of the conversation:
1- At the beginning we would like to know more about First Qatar Real Estate Development Company and its activities in Qatar?
First Qatar Real Estate Development Company was established in 2005, with a capital of 630 million riyal. Since then, we have gradually expanded into the Qatari market, until we now become one of the most professional and experienced companies in this field as we combine regional and international experiences, and our partners and customers appreciate these accumulated experiences.
We have real estate projects we manage in Qatar, Kuwait and Oman. In Qatar we invested in Pearl Island by buying 4 pieces of land, and we built a tower in Porto Arabia and it was completely sold. We also invested in two pieces of land on the island. Finally, in 2019, we have one of our biggest projects in Qatar with the establishment and operation of the Hilton The Pearl Hotel, which is built on an area of 17,000 square meters. Square, and includes 414 rooms, in addition to residential units overlooking two waterfronts within The Townhouses’ real estate project.
* ذي تاون هاوس اللؤلؤة
2- You recently announced the launch of the second phase of The Townhouse project, what are the project details?
First Qatar Real Estate Development Company Launched The Pearl Townhouse Group Following the resounding success in the first phase of sales. The second phase is now ready, and the investment includes 51 duplexes, from two and three bedrooms, to three bedrooms, with a maid’s room.
It includes beautiful interiors and fully furnished units, complemented by a five-star hotel service. One of the features of this project is the private beach of the Hilton Doha Hotel at The Pearl with accommodation facilities in addition to other features such as the hotel’s private pool, equipped gym, restaurants, and others.
Through the project we provide integrated hotel services consisting of 3 restaurants, a swimming pool, a health club and rooms of different types. The units offered are divided into two parts to A and B. The first part overlooks a 4,500 meter long beach, which is also the hotel’s private beach, and the second part overlooks the Cartier canal in the Pearl.These units are also characterized by their proximity to Doha, offering residential features that are the most integrated and luxurious in Qatar.
* Integrated and luxury services
3- When will the residential units within this project be offered for sale?
The units have already been put up for sale, and the turnout so far is very good, as 12 residential units have been sold, and we expect to finish selling all units before the 2022 World Cup in Doha.
4- How much is the price per square meter for a dwelling unit in The Townhouse, The Pearl?
Prices range between 25 and 27 thousand riyal per square meter The price difference depends on the location of the unit and the view.
5- What are the benefits and level of luxury that the project will offer?
– We offer our clients who own residential units within the project all the hotel services available at the Hilton Doha Hotel at the Pearl, as we mentioned before. The unit has contemporary and comfortable interior designs with the highest standards in modern luxury living, world-class furniture , and a smart system for operating electrical and electronic devices within the unit, as well as ensuring complete privacy for each unit.
In addition, during the construction of the units within the Townhouse project, we were keen not to use plastic materials in construction, interior design and furniture, in order to achieve the greatest possible degree of environmental sustainability as a primary direction for our company, so that our Real Estate Projects be environmentally friendly.
* Unit delivery
6- When will the project be completed and units delivered, and what are the available payment methods?
The construction, operation and establishment of all units have already been completed, and ready for immediate receipt. As for the payment methods, the company was eager to provide easy and multiple methods of payment and installments. We also offer the client to, upon purchase, rent the dental unit to him to get an immediate return on his investment, and we also work with many banks to help clients finance and buy in many ways. .
7- How many units have been sold so far within The Townhouse project?
So far we have managed to sell 12 residential units within the project.
8- What are your future property projects that you are planning from now on?
Qatar has a real estate market full of future investment opportunities, so we, at First Qatar Real Estate Development Company, plan to launch a project aimed at middle-income young people, which are residential villas on an area of 400 square meters .
Creativity and innovation in projects
10- What distinguishes First Qatar Real Estate Development Company in the Qatari market?
– We have a set of values that include customer loyalty, creativity and innovation in our projects, integration of services, commitment to the company’s goals, commitment to performance and service level, and the provision of everything that is permanently new. As we have, the most important thing is our customer convenience.
11- What do you think about the future of the real estate market in Qatar, and the investment opportunities in it?
The future opportunities in the Qatari real estate market are good, given the availability of all capabilities and logistics services, including transportation, road network and an integrated infrastructure.