Dana Al-Sadd occupancy rate exceeds 35% in 1 month
March 24 2019 08:00 PM
SAK Holding Group chairman Sheikh Thani bin Abdullah al-Thani: Sustainable growth.
SAK Holding Group chairman Sheikh Thani bin Abdullah al-Thani: Sustainable growth.

Hotel occupancy rates at Dana Al-Sadd exceeded 35% within a month after the luxury project opened its doors to the Qatari market, Dana Al-Sadd Real Estate Company announced on Sunday.

The project is developed by SAK Holding Group through ‘Sharkena’, a product aimed at developing real estate investment projects to promote the local property market through partnerships with land owners.

SAK Holding Group chairman Sheikh Thani bin Abdullah al-Thani lauded the completion of the iconic hotel project and underscored the significance of the private sector’s role in the hospitality sector.

“The unique projects that the private sector contributes to the industry are in perfect harmony with the latest carried out developments and preparations for the 2022 FIFA World Cup and other international, Arab, and regional economic and tourist events. Dana Al-Sadd is one of these modern luxury hotel contributions that will add to the value of the vital Al Sadd area,” Sheikh Thani said.

He added: “Not only will Dana Al-Sadd add to our list of achievements, but it will also be a valuable addition to the hospitality sector and to Al Sadd area. It is this sort of achievement that inspires confidence in SAK Holding Group and its future endeavours, which is to achieve the goals of ‘Sharkena’ and create further partnerships with owners of plots, offering them great facilities, conditions and investment return opportunities, which will lead to the success and sustainable growth in line with our state’s efforts and Qatar National Vision 2030.”

Dana Al-Sadd offers a unique accommodation experience. PICTURE: Jayan Orma

Dana Al-Sadd’s impressive occupancy rates are expected to attract more guests and increase the occupancy of commercial units and spaces. Such units include various spaces that may be used as restaurants, cafes, supermarkets or any other vital facilities that will promote business in Al Sadd area, and enrich the experience of guests and tourists. Both families and businessmen will have a unique experience of staying at the heart of the capital.

Al Bawadi Real Estate Development Company, the real estate partner of SAK Holding for the luxury project, guaranteed that “the highest standards” were applied for this type and category of projects.

Officials of Dana Al-Sadd forecasted that the rates “will reach its peak in the following months,” especially after the completion of infrastructure works connecting the service roads in the area to the Al Sadd Metro Station.

Also, the location of Dana Al-Sadd “will be a strong attracting feature,” linking Al Sadd commercial area and many properties, shops, malls, governmental entities, companies, and institutions.

“It is the perfect business location, as well as shopping and tourism. It is near Grand Regency Hotel, CentrePoint Mall, LuLu Centre, Royal Plaza, Al Sadd Plaza, Al Mirqab Mall, Hamad Hospital, Rumailah Hospital, and the new road networks that intersect with the Doha Metro,” according to the officials.

Dana Al-Sadd is an iconic five-storey hotel development, consisting of 165 different hotel units, which include 20 large hotel suites, three restaurants, and kitchens covering a 1,215sq m area.

The development also includes a gym, sauna, and spa covering a 270sq m area, aimed at enriching guests’ experience. The hotel features a broad glass facade and an entrance hall that leads to a lounge covering 400sq m.

Dana Al-Sadd also features a mezzanine floor along with 500sq m of office space, sitting area, and an indoor garden covering a 100m area. Furthermore, two basement stories are dedicated to parking with a capacity of 117 cars.

There are no comments.

LEAVE A COMMENT Your email address will not be published. Required fields are marked*
Strong winds likely Monday date6/17/2019 12:29:53 AM