Doha: Ezdan Real Estate Company, Qatar’s major realty developer, has announced a surge in the occupancy levels of its residential units that were inaugurated under the Ezdan Oasis project, reflecting a significant leap to a record high 90 percent occupancy rate during the third quarter of the year.
Ezdan Oasis, an Al Wukair-based mega project, is now accommodating more than 15,000 individuals. The most prominent real estate project in the area provides thousands of residential units, retail outlets and shops, featuring sports and recreational facilities, as well as a hypermarket, a school, mosques, and others.
“The great demand on accommodation at Ezdan Oasis is witnessing a rapid rise, as customers are seeking to obtain a fully furnished and distinguished residence that provides a convivial atmosphere and sumptuousness to all its residents, thanks to the painstaking and strenuous efforts that Ezdan Real Estate has made. We will pursue adding further services into this project, which we consider as one of the key undertakings offered by Ezdan Holding Group in the property market, and a true reflection of the Group’s long experience in such scalable vital sector, and signifies the culmination of a long process of work and achievements,” said Hani Dabash, Deputy Group CEO of Ezdan Holding Group.
He added: “Ezdan Oasis provides a wonderful accommodation and business environment, by integrating thousands of residential units and hundreds of commercial outlets, rendering a qualitative and vital addition to Al Wukair area, which is witnessing a boom in the volume of investment business thanks to the road and infrastructure development projects that have been implemented in the region, in parallel with the metro rail project, and road projects that were opened to serve the population of Al Wakra, and its environs in Al Wukair and Al Mashaf areas and link them to the rest of Qatar”.
Ezdan Real Estate Company had announced earlier last year the launch of the second phase of a rental campaign for residential and commercial units in Ezdan Oasis, coinciding with the celebration of the Qatar National Day.
