Doha: The Ezdan Real Estate Company reports that leasing requests are at high records in the commercial and service areas of Ezdan Oasis. In the commercial and service sectors of the development, the rent price index has increased by more than 90,000 square meters.
This is spread over hypermarkets, cafes, restaurants, laundries, car service centres, a school, and a supermarket, Ezdan Real Estate said. Meanwhile, the project is experiencing steady commercial expansion and remarkable investor interest in the Oasis.
This is in line with the growing population. With more than 17,000 residents in the project area, it is a first-rate project in terms of the services it provides to its residents and local communities.
“Ezdan Oasis provides a large number of commercial outlets that exceed 500 outlets suitable for various SMEs, and Ezdan Real Estate Company has worked on offering a very competitive rental price starting at QR45 per square metre for shops and retail outlets, in addition to granting free months for all investors wishing to have a grace period to establish and launch their businesses. Such advantages render Ezdan Oasis an attractive destination for investors, as well as those chasing their business ambitions. They turn them into reality,” said Hani Dabash, Deputy Group CEO of Ezdan Holding Group.
“Ezdan Oasis is a project that is dedicated to future posterity, not only because of its spaciousness and diversified residential and commercial options, but also because it features creative ideas, a distinguished location and off-centre alternatives that effectively contribute to revitalising the market and serving the residents of the region. Such massive turnout significantly echoes in our indicators and comes in parallel with the opening of each new stage of the project,” he added.
The integration of thousands of residential units with commercial outlets in the Ezdan Oasis reshaped Al Wukair, an area that is now much closer to Doha thanks to the highway network, reducing travel times to only 15 minutes for several important areas. Ezdan Oasis It also serves as a nexus for Hamad International Airport, the new port, and Mesaieed City, which has many plants and facilities.
“Such road projects have contributed to a significant increase in population, and this will enhance the demand for various residential units, which in turn will attract investments, especially for commercial projects and SMEs,” Dabash added.