The Iconic Lagoon Plaza (Zig Zag) Towers developed by Dar Investment and Development Company is distinct from other prestigious residential towers, not only in the region but worldwide, for it's one of its kind architectural design enclosed in 100 percent glass window. It is among the first freehold projects to be completed in Qatar and is expected to be ready by the end of this month.
The current availability is less than 5 percent of the total 749 residential units. From the time it was launched in 2005, it has been a superb prospect for both end users and investors who wanted to lease out; and or for companies/business owners who prefer to purchase residential units as an alternative of leasing so they can benefit from the property value increase.
The current average selling price is QR12,300 per Gross square meter and the table shows today's market average leasing prices; which is anticipated to increase next year by 10percent to 30 percent based on the market and domestic economy factors.
By Erika Widen
© The Peninsula 2009
