Posted on April 28, 2016

Landmark deals and major project unveilings have continued to dominate day two of Cityscape Qatar 2016, the largest real estate and investment exhibition in the State of Qatar.

The big announcements of sale and purchase transactions were made today between United Development Company and Al Qamra Holding, Just Real Estate hosted its official opening ceremony and a number of new projects unveiled for Al Bandary Real Estate. They were joined by regional exhibitors, Tilal Properties, and Unique Properties Broker, with both companies unveiling their newest properties at Cityscape Qatar.   

United Development Company, the master developer behind The Pearl, Qatar, confirmed that they had signed a sale and purchase agreement with property developer Mr. Hamad Saleh Al Qamra, Chairman of Al Qamra Holding, for the sale of a residential tower plot in Viva Bahriya (VB) precinct. Plot VB 25, covers 7,180 square meters of land and boasts a total residential area of 33,541 square meters in addition to 10,484 square meters allocated for car parking. Once completed, the tower will add to the exquisite residential landscape of the enviable beachfront location of Viva Bahriya.

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Commenting on the signing, Mr. Ibrahim Jassim Al Othman, UDC President and CEO, stated:  “This sale agreement is proof of investor confidence in Qatar’s ever thriving property market and in The Pearl-Qatar as an iconic development that is best placed to absorb the growing local demand.” Meanwhile, Al Bandary Real Estate is exhibiting a number of properties including the Bay Complex Project and the Bay Villa, in the prime location of The Pearl, Qatar, consisting of a group of villas and apartment buildings with a distinctive design. The exhibitor also affirmed that it remains committed to attracting adequate resources in order to carry our projects that were of the highest quality.

Ahmed Zakaria, Exhibition Director, speaking on behalf of the organiser, said: “Cityscape Qatar has witnessed a strong start to its fifth edition with a number of landmark deals and the unveiling of key projects from leading exhibitors. We look forward to a successful finish to this year’s exhibition and the inking of further deals.”

UAE-based Tilal Properties, Sharjah’s first master planned development that offers the opportunity to purchase or lease land and build property, is also participating in this year’s exhibition. Mr. Khalifa Al Shaibani, Director General, Tilal Properties, said: “We are happy to associate with the Cityscape brand across the Middle East as it's looked upon as the go to place for investors in the region. Cityscape Qatar has given us the right opportunity to generate interest in our flagship development and Sharjah's first masterplanned community.”

Mr. Al Shaibani continued: “The Qatar market is particularly of interest to us as we have seen strong investment into Sharjah from Qatar. And Tilal City is well positioned to meet with the needs of Qatari investors with the freehold option and remarkable potential for return on investment open to buyers here.”

Tilal Properties were also joined by Unique Properties Broker, a UAE-based real estate company that offers an outstanding portfolio of local and international, residential and commercial, spaces for sale and leasing. Mr. ArashJalili, CEO of Unique Properties, said: “Cityscape Qatar 2016 has been an amazing experience for Unique Properties. It’s always delightful to serve GCC investors for their realty needs as they hold resolute trust and acquaintance upon the impressive real estate of Dubai.” 

The second day of the exhibition also marked the official Doha debut of Just Real Estate (JRE) unveiling a number of new developments for sale, including Jenan Residence, The View Laguna Residence, La Verna Residence, Conrad Doha and their luxury commercial office tower, The e18hteen, located at Marina District in Lusail City, which witnessed a lot of vibe and attention from visitors of Cityscape Qatar 2016.

Commenting on the launch of THE e18hteen, Mr. Nasser Al Ansari, Chairman of JRE, said: “We unveil today one of our premium projects, THE e18hteen. This flagship development project evokes classic distinctive designs and facilitates hi-tech smart service solutions for organisations. This project also provides a world of unparalleled investment opportunities through the spaces that vary in size and location in the lower and upper floors.” Visitors to Cityscape Qatar can benefit from exclusive offers and special promotions which are being offered by the exhibitors during the show. United Ideal Company has been offering potential investors flexible instalments on their Visat Panorama Residence.

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Turkish exhibitor, TGP Invest (Turkey Property Platform) has confirmed two exclusive deals, their Luxury Residence Property will be available for purchase with up to 15% discount on cash sales, or with a 35% down payment, a 5% discount and no interest for up to 40 months. Additionally, investors will receive up to 15% discount on cash sales or with a 35% down payment, a 5% discount and no interest for up to 40 months when purchasing their Grand Tower Property.

Cityscape Qatar 2016 will run for its third and final day, Thursday 28 April, as buyers and investors continue to benefit from exclusive offers and profitable investment opportunities available.  Exhibitors, first-time and seasoned investors can still attend the last day of Cityscape Qatar Talks and engage in-depth analysis and discussions around current real estate and investment trends. The final day of the exhibition will open from 1 PM to 10 PM. To find out more about Cityscape Qatar 2016, please visit: www.cityscapeqatar.com

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