(MENAFN – The Peninsula) The Peninsula
Doha: The acreage auction action from September 13-17 showed that architecture auction affairs including residences, residential buildings, complexes and towers, acquire accomplished QR847m, while acreage lots generated up to QR148.8m, according to Ezdan Absolute Acreage report, which was sponsored by SAK Partnership.
According to the Absolute Acreage Registration Department, the absolute amount of acreage auction action during the aforementioned aeon accomplished QR995.9m, and the operations were broadcast over seven municipalities including Umm Salal, Al Khor, Al Thakhira, Al Doha, Al Rayyan, Al Shamal, Al Daayen, and Al Wakra.
The deals included abandoned and multi-use acreage lots, residences, and multi-use buildings. The Doha city ranked aboriginal in acceding of accord amount through the auction of a residential belfry spanning over an breadth of 16,150sqm in Onaiza, breeding an accumulated amount of QR411.5m, at a amount of QR2,367 per aboveboard foot.
Doha city has additionally apparent the auction of a 3,983sqm residential belfry in Onaiza at QR3,475 per aboveboard foot, accretion QR149m. The address additionally provided an overview on accepted rental ante beyond the residential sectors. An boilerplate of QR2,533 rental amount was recorded for a Studio in Al Wukair, while the boilerplate rental for a one-bedroom accommodation in Al Wukair stood at QR3,425, and assorted according to the attributes of furniture, and casework provided by anniversary property. The two-room accommodation in the aforementioned arena registered an boilerplate rental amount of QR3,929, and a threeroom accommodation registered an boilerplate rental amount of QR5,588.
Residential villas in Al Wukair registered QR7,650 boilerplate rental value, depending on the services, appearance and the region. While ante in the Musheireb breadth for a one-bedroom accommodation accomplished an boilerplate of QR3,900, depending on the equipment, appliance and casework provided by anniversary property, and a two-room accommodation in the aforementioned breadth stood at about QR4,000. However, rental ante for a two-room accommodation in Gharaffa arena registered an boilerplate of QR5,125, and residential villas recorded an boilerplate hire of QR9,600 depending on the casework and advantages of anniversary villa. The villas ranged amid 3 to 4 apartment furnished or unfurnished.
The address additionally accent the ‘Ezdan Oasis project, a mega activity developed by ‘Sharkna absolute acreage product, which includes 347 residential buildings, with several groundfloor shops. The activity comprises 8,769 apartment units, and about 577 bartering units, all of which amount over an breadth of 1 actor aboveboard metres. The blooming lawns annual for 35 percent of the activity land, as able-bodied as a hypermarket, an all-embracing school, mosques, sports fields, pond pools, restaurants and cafes.
Another project, the ‘Sharekna is a acute absolute acreage artefact provided by Sak Partnership as a band-aid for landlords of abandoned acreage lots, enabling them to transform them into absolute acreage projects that accomplish connected assets for life. The activity is acceptable for developing either a baby or all-inclusive breadth of acreage acclimated for residential or bartering complex, architecture or tower, or alike a hospital or school. Sharekna offers achievability studies, licenses and planning by specialised engineers and experts, and guarantees accepting funds for adventure the activity and architecture in a almanac time at a prime cost, after artful accumulation allowance for Sak Partnership.
This saves 40 percent of the absolute amount of the activity for the landlord, in acknowledgment for a pale agnate to one third of the activity alone for Sak. At the aforementioned time, the freeholder may acquire to bankrupt the collective adventure agreement. Sak Company offers 5 percent agency for realtors absorbed to assignment beneath ‘Sharekna.
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