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Monday, 23 November 2009 22:48 UAE time

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Multi-billion real estate project set for Doha

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 04 October 2009
NEW PROJECT: QR2.5 billion project in Doha will see construction of four residential towers. (Getty Images)
NEW PROJECT: QR2.5 billion project in Doha will see construction of four residential towers. (Getty Images)

A new major real estate project was announced on Sunday in Doha as Qatar General Insurance and Reinsurance Company, Al-Sari Trading Co., and Ezzdan Real Estate signed a memorandum of understanding.

The project, set to run for three years, will include the construction of four 55-storey residential towers.

Estimated total cost of the project will be up to QR2.5bn.

Plans include 1,300 medium-large sized units in addition to commercial and entertainment facilities. Luxurious hotel apartments are also planned.

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