Lusail residential units to be ready by 2017
Doha, June 3, 2014
The premium residential units being developed by Barwa Real Estate Company in the Lusail Development area, north of Doha, will be ready for occupation in the first quarter of 2017, said a report.
The custom-made, free-hold apartments of varying sizes in the mixed development zone are being built to suit the requirements of investors, said the Gulf Times report.
Dara Apartments with 231 units will be spread over six blocks and will be available as single-, two-, three- and four-bedroom units, Ahmed Abdullah Al-Abdullah, acting CEO, was quoted as saying.
"Both citizens and expatriates could avail of the opportunity to investing in such projects as Dara located in the fast-developing zone Lusail," said Al-Abdullah.
The payment schedule for the buyers are being worked out and the inquiries on booking their properties could be made at the venue of the exhibition, said the report.
The apartments are not located along the Lusail sea front and each of the units would have adequate greenery to suit the requirements of its owners, it said.
The work on the project is expected to start in less than two months and 60 per cent of the price should be paid during the construction phase and the final payment should be made before they are handed over to the owners, it added.