Qetaifan Projects launched the sale of the second phase of residential villa plots in Qetaifan Island North, during a press conference hosted at The Ritz-Carlton Doha, Hotel, led by Qetaifan Projects managing director and Katara Hospitality vice chairman, HE Sheikh Nasser bin Abdul Rahman Al Thani.
Phase 2 Villa Plots consist of 51 plots and include beach access villas, waterfront villas and garden villas. Al Thani also said that 10 villa plots will have access to a five-star operated beach, and will be sold at competitive prices, with financing facilities for owners and investors.
According to Katara Hospitality and Qetaifan Projects Chairman, HE Sheikh Nawaf bin Jassim bin Jabor Al Thani, demand for investment in phase 1 of Qetaifan Island North reflects the position the company has reached in the local real estate development market. He said that the project represents a starting point for Qetaifan Projects towards developing and serving various state sectors.
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 830,000 sqm.
Qetaifan Island North also complements the 2022 World Cup, as it provides modern facilities capable of accommodating a large number of hotels, retail outlets, restaurants, and unique recreational facilities like 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.
Sales Process
To ensure transparency, and in accordance with the principle of equal opportunity for all, the sales process will start with 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, Doha on 8 December.
Marketing Plans, Competitive Prices and New Products
The sales launch for Phase 2 meant a lot to Qetaifan Projects – as a company and as a team.
Managing Director Sheikh Al Thani emphasised their efforts to study supply and demand, and to always strive to keep pace with the needs of the real estate market.
All involved parties, he said, including their team, investors and partners, are lucky to work on this project.
We still have more plans and products that will enrich the real estate development market in Qatar at competitive prices.
For more information about the Phase 2 Villa Plots for sale, visit qetaifanislands.qa.