A 1 million square meter “mini city” south of Doha is now accepting tenants, real estate developer Ezdan Holding has announced.
The QR4.5 billion project, dubbed Ezdan Oasis, consists of four phases that when completed, will include more than 9,300 residential units.
The brand-new town will also have two schools, an office building, hypermarket, sports clubs, mosques and hundreds of shops.
Last year, Ezdan officials said the entire development would be completed by the end of 2017.
First phase
So far, Ezdan is in the process of rolling out the first phase of the development, according to officials who provided an update during Cityscape Qatar this week.
This includes 1,820 residential units, in the form of 1, 2 and 3-bedroom fully furnished apartments.
Officials previously estimated that the flats would cost between QR5,000 and QR8,000 a month.
Some 180 commercial outlets such as restaurants, cafes and “vital facilities” like swimming pools, security services and maintenance are also coming online, the company said.
Additionally, the schools and four sports clubs are expected to open soon.
In a statement, CEO Ali Mohammed Al-Obaidli cited the development’s location, near Al Wakrah General Hospital, Barwa City and two malls, as one of its biggest strengths.
He added that the aim of the project is “to become an all-inclusive mini-city” in a fast-growing area.
Expanding town
Indeed, more of Qatar’s population has been moving outside of Doha in recent years.
And according to 2015 government figures, the Al Wakrah district has grown much faster than the overall population.
The town has its own hospital, souq, farmer’s market and mall, and is now home to some 300,000 people.
Would you consider moving to the area? Thoughts?