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Barwa Launches Three New Developments at Cityscape Qatar 2013

Barwa Launches Three New Developments at Cityscape Qatar 2013


"اDoha-Qatar: 27th May 2013 Barwa Real Estate Group, one of Qatar’s leading real estate management and investment companies, has launched three new flagship projects – Oryx Island, Gulf Resort, and Dara at Cityscape Qatar 2013.

Barwa Real Estate Group’s CEO, Abdulla Abdulaziz Al Subaie commented, “As a diversified Real Estate Development and Investment holding company, Barwa has a solid track record in delivering the complete suite of real estate solutions and sustainable returns to its customers, partners and other stakeholders. We are therefore overwhelmed by the positive response we have received at the first day of Cityscape, which we consider a testament to the leading role Barwa continues to play in Qatar’s development.”


During the Cityscape exhibition, Barwa Real Estate showcased models of three of its latest flagship projects, which include, Oryx Island, an integrated pedestrian exclusive development which features luxury villas, an aqua park, and five floating hotels; the Gulf Resort, a 250 hectare site which features a natural harbor, three hotels and a shopping mall; and Dara, a 176,000 sqm residential development located in Fox Hills, Lusail. Dara features 53 buildings, and 1000 apartments and is split into two zones; Zone 1 is residential, while Zone 2 offers a mix of commercial and residential areas.

Dara features a variety of spacious, modern apartments and integrated facilities, such as, restaurants, luxurious hotels, shopping outlets, a fully integrated transportation system, day-care centers, fitness centers, and other facilities. Located a short walk from the Lusail Stadium – home of the 2022 FIFA World Cup Opening and Finals, Dara is easily accessible on foot or by bike, minimizing the use of motorized vehicles. Dara is also a sustainable project with a 3-star GSAS rating.

During Cityscape, Barwa Real Estate also showcased the Ottomare project in Turkey, a project which comprises 391 upscale residential units and is scheduled for completion in Q3 2013

Running alongside the exhibition is the Leadership summit, which in its first day saw Barwa’s CEO, Abdulla Abdulaziz Al Subaie take part in the high profile Leaders Panel ‘A strategic overview of the Qatari real estate industry for 2013/2014’. The panel discussed Qatar’s real estate market prospects for 2013/2014 and forecasted growth trends, while analyzing Qatar’s performance, position and future outlook in the MENA region.

On the second day of the summit, Al Subaie is expected to share a presentation titled - Mega-projects update. The presentation focuses on the progressive and exciting infrastructure transformations taking place in Qatar that are destined to renovate the way people live and work in the country.

With an ever expanding portfolio of projects, Barwa Real Estate has built a solid track record of taking on major and complex domestic projects and completing them to the highest standards. While its main activities remain in Qatar, the group has a wide array of investments and operations regionally and internationally."


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