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Business / Qatar Business

Lusail offers 35 luxurious residential villas for sale at Qetaifan islands

Published: 20 Jun 2015 - 02:34 pm | Last Updated: 12 Jan 2022 - 07:37 pm

DOHA: Lusail Real Estate Development Company (LREDC) is offering 35 residential villas for sale at Qetaifan Islands after announcing earlier this week the launch of the second stage of sales at one of Qatar's most exclusive integrated communities.

Interested applicants can visit the Sheraton Hotel where Lusail Real Estate Development Company will host a pavilion over a three-day period starting June 22 to brief potential clients about the project.

Representatives of LREDC will be available on a daily basis after Iftar till 12pm (midnight) to answer inquiries.

The villas, which were designed to maximize views of the magnificent waterfront, have a surface area ranging between 950 and 1200 square meters and will be sold exclusively to Qataris through a public offering system whereby buyers will be drawn from a pool of applicants.

Another 27 villas overlooking the internal landscape and ranging between 850 and 900 square meters will also be put up for sale.

The company will stop receiving applications on July 29 at 2pm just hours before the public offering is held live same day at 10pm under the supervision of the Ministry of Economy and Commerce.

Applicants must be Qataris, above 18 years old and may apply to buy more than one property provided that they submit a certified check amounting to QR500,000 for each residential unit in addition to a copy of the applicant's ID card.

Essa Mohammed Ali Kaldari, CEO of Lusail Real Estate Development Company, said the sales campaign reflects the company's success in the first phase of sales mainly owing to Qetaifan Islands' attractive and exclusive offering.

“Qateifan Islands reflects our commitment to excellence as we continuously seek to offer Qataris real estate ventures that meet their aspirations," he said.

Villas for sales at Qetaifan Islands reflect through their design Qatar's cultural heritage while offering residents the latest luxury facilities.

Encircled by the azure waters of the Gulf and overlooking the heart of Lusail City, Qetaifan Islands present a unique opportunity for an exclusive residential experience, combining aesthetic excellence with environmental sustainability.

The holistic community site, which consists of four islands with varying heights, was designed to create an elegant and family-oriented lifestyle, distinctly different from any community in Qatar, reports QNA.

The islands, which were designed with varying heights to maximize views to the magnificent waterfront, include a marina that hosts some of the most exclusive beaches and marvelous yachts in addition to Souq Qetaifan.

The souq, which connects all four islands, will consist of high quality shopping, exclusive food and beverage outlets in addition to more than 3,500 parking lots connected to a multitude of exists.

The Peninsula