Exhibition of Al Asmakh’s Pavilion project concludes

Pavilion, which is situated within the beautiful surroundings of Fox Hills, Lusail City, consists of 170 one and two-bedroom apartments and features all the amenities a future resident would seek, including around-the-clock security, children’s play area, fitness gym, in addition to convenient basement parking.

Residents will enjoy the diversity of lifestyles that Lusail City offers and will be within a short distance from major attractions.

 “We see Pavilion as a beacon of a new era for us in our quest to achieve greater excellence in the property development sector,” said Fadi Barakeh, general manager of Al Asmakh Real Estate Development.

Lusail City, 15km away from the centre of Doha, will be connected to the capital via the Qatar Rail project. The city is expected to accommodate up to 260,000 people and is a key attraction as part of Qatar’s 2022 FIFA World Cup.

“Lusail City will play a significant part in forming the country’s future, and we are privileged to be part of it,” he stated.

The launch of Pavilion also coincides with the complete rebranding of the company, which reflects the Al Asmakh Real Estate’s future ambitions and its business approach towards offering luxury, high-end property and facility management services.

According to Barakeh, the real estate market in Qatar is quite stable whether regarding the rental rates or the prospects for investors, as the demand is ever growing due to the economic boom in the country.

“We strongly believe in the potentials of Qatar economy and that is why we are undertaking such great projects. Further, the turnout at the pavilion was considerably high as we used to receive some 500 visitors a day with almost 50% of the units of the project has been reserved by both Qataris and expatriates,” said Brakeh. 

Barakeh was of the view that unauthorised brokers in the real estate market could harm the interests of both the owners and tenants as they manipulate the prices to get the maximum profit for themselves. He also felt that the partition of villas to accommodate more tenants should not be an option as it involves hazards and unplanned burden on the public services.

“There are more options for tenants, they can now go to real estate companies and get a proper apartment that suits their budget. May be there is a need for more apartment buildings in the country but the options are plenty for tenants,” he said.

Al Asmakh offers integrated services such as Al Asmakh’s comprehensive international escrow services that are aimed at further enhancing the process of real estate registration in Qatar, as well as provide transactions in a safe and secure manner.

Additionally, the company’s property management services cover a wide spectrum of areas that cover the needs of landlords, residents and owners for day-to-day dealings.

“As for Al Asmakh’s Facilities Management segment, it provides solutions for residential, commercial and industrial properties, covering all aspects of professional property management services including operations, maintenance and management procedures and systems,” Barakeh added.