Al Wa’ab City signs Development Management Agreement with Benchmark International

Al Wa’ab City, one of the largest privately held real estate developments in Qatar, yesterday officially announced the appointment of Benchmark International as its Development Managers. Benchmark brings a wealth of experience in managing iconic developments offering solid, sustainable propositions across the MENA region.

Sheikha Hanadi Bint Nasser Al Thani the CEO of Al Wa’ab City welcomed the new partnership: ”We are very pleased to have Benchmark International on board as Al Wa’ab City’s Development Managers. While this partnership will ensure quality and delivery, it shall also reflect vision and values of Al Wa’ab City, cementing its central position as the inviting hub of a vibrant community, a complete living, working and lifestyle experience.”

“The creation of Al Wa’ab City, aiming to inspire positive development in line with Qatar National Vision 2030, is creating quality living opportunities built on pragmatism and genuine value, a community where real life, in all its facets, is celebrated.” Sheikha Hanadi added.

Boasting an array of living and working spaces, a large percentage of Al Wa’ab City consists of landscapes; providing an attractive, authentic and enhanced environment. It will be home to more than 8,000 people, offering a safe and well maintained environment with one of the lowest density ratios of any major development around the city of Doha. Al Wa’ab City is a world class development, with international standards yet rooted, with a modern Qatari feel and relevance to the new face of the Doha metropolis and what it stands for.

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Dr. Bassim Halaby (pictured), Al Wa’ab City Executive Management – CEO Benchmark International commented:  “We are proud of our partnership with Al Wa’ab City. This development is more than you think. It is a project in an ideal central location with a genuine sense of human scale, quality and value. We see very well how it fits into the present and the future of Doha. Mindful of the demands of Qatar’s living and business environment powered by impressive growth, Al Wa’ab City not only brings a well studied mix of exciting propositions for residents, guests and the community, it offers huge prospects and true value to investors, stakeholders, residents and guests alike.”

Randa Jamali, Al Wa’ab City Executive Management – COO Benchmark International commented: “A regional firm with its headquarter in Beirut, Benchmark has a strong presence in Qatar with a local team and local knowledge. We are honored and excited to be entrusted with the development management of Al Wa’ab City. The approach of quality and viability of this ideally located development mirrors well the principles that Benchmark identifies with.”

“Al Wa’ab City is an important contributor to the development of the city of Doha and adds value to the overall community. We are committed to bring in a drive of innovation and ideas which we are very confident will be of meaningful value.” Jamali added.