Project delivery on schedule for Q1 - 2010

Registration Applications open for public until 30 November 2009

Doha, Qatar 16 August 2009: BARWA Property Management, a subsidiary of BARWA Real Estate, has announced through the BARWA Village Administration office that the start of the BARWA Village registration application process for the public begin this week and remain open until 30 November 2009.

Beneficiaries of the project are welcomed at BARWA Property Management Client Services Center located on C-Ring Road starting this week from 9 a.m. till 5p.m.) or by telephoning the BARWA Call Center on 459 55 99.

Confirming its commitment announced by Chairman and Managing Director Mr. Ghanim Bin Saad Al Sadd during the BARWA Village launch ceremony to deliver the project within 15 months in the first quarter of 2010, an official source stated: "We confirm the commitment of the board of directors of BARWA that tenants of BARWA Village units will enjoy the same life quality which tenants of other urban areas enjoy." 

"BARWA Village is a project lies close to Al Wakra highway opposite Ras Abu Fentas, only 20 minutes from Doha City Center. Its construction period will not exceed 15 months and delivery will be in the first quarter of 2010," the source added.

Applicants for BARWA Village properties are instructed to provide the following documents:

Residential units

Commercial units

Photocopy of ID card or passport

Photocopy of ID card

Salary statement

Photocopy of Commercial Registration

Marriage Status Certificate

Photocopy of establishment record

Manager Cheque for 2 months rental

Manager Cheque for 2 months rental

The QR1.5 billion BARWA Village development embraces multi-use facilities featuring residential units for more than 1,500 occupants and commercial units for 13,000 visitors. BARWA Village is one of the mega real estate projects which BARWA is executing in Qatar. In addition, the 400,000 sq m project is considered one of the leading solutions offering residential and commercial solutions outside the city of Doha.

"BARWA always aims to provide the highest standards of service, and BARWA Village supports the vision of BARWA and shows clearly the company's commitment to be a major partner in the urban renaissance of Qatar," a BARWA Property Management official stated.

"Since more than one year, we established ground research committees to study the needs of tenants at BARWA Village, with priority given to those residing previously in the Mohamed Bin Jassim-Mushaireb area to provide them with suitable accommodation at a fair market price. Now the door is opened for all to apply," the source confirmed.

BARWA Village development is an integrated real estate project distinguished from any other project in Qatar. BARWA is aiming to offer estate product with highest standards. The project reflects BARWA's vision and is proof of its commitment to be a major partner in the urban renaissance of future Qatar.

The rental strategy adopted by BARWA Village Administration offered the first opportunity for renting BARWA Village residential and commercial units to tenants living in the Mohamed Bin Jassim-Mushaireb area, which is now under development. Now that priority application period is finished, BARWA Village residential and commercial applications are now open for all. 

The table below represents the rental prices for BARWA Village residential and commercial units:

Particular

Unit Type

m2

LA (m2)

Unit Rental//month

Shop

Shop

        84

     77,112

10,700

Studio

Apartment

        48

       4,608

2,500

One Bed

Apartment

        96

     25,152

3,000

Two Bed

Apartment

      144

     14,400

4,500


BARWA Village rental prices include the following services:-

  • All units fitted with split A/C units

  • All apartment kitchens feature durable upper & lower cabinets with Granite worktops and double sink

  • Central Gas System in all apartments

  • Central Satellite TV outlets for all apartments and shops

  • Cabling Telephone and Internet lines for apartments and shops

  • Close to Mosques, Shopping Plaza, Health Club and Park

  • Security patrols

  • Plenty of parking places

  • Collapsible steel entrance door for each shop unit

  • Full community and amenities support

  • Well designed access roads and soft landscape

  • Two mosques close to all places of the village

  • Easy access to the main Al Wakra Highway

BARWA Village carefully balances the needs of tenants and residents in the surrounding area, as well as the various communities living in Qatar. More than 30% of BARWA Village is green space, designed to reduce carbon dioxide emissions. The project does not allow high-rise buildings, thereby reducing traffic congestion. The maximum height for residential buildings is Ground Floor, Mezzanine and First Floor, while civil buildings (school, nursery, club, administration building and mosque) are also ground plus two floors. Only the shopping mall, measuring ground plus three floors, will be taller.

As BARWA Village project embraces various service facilities and retail shops as well as shopping mall and school, the planning, operational and occupational strategy aims to make the project an attractive place for families to meet their daily needs. Accordingly, BARWA Village administration has determined the business activities will make BARWA Village entirely self-sufficient and will include all necessary facilities such as stores selling clothing and textiles, footwear, electronics, computers, furniture, medicines and jewelry. In addition, the development will embrace service outlets for car rental, money exchange and other financial services, advertisements and promotional services, travel and tourism, laundry, butchery, hair salon, photography, movie & DVD rental, as well as consultancy and employment services, restaurants, bakery and café. Business facilities will be distributed to serve the objectives of the project and in compliance with all laws and legislations of the State of Qatar, giving priority for businesses currently occupying Mohamed Bin Jassim-Mushaireb.

BARWA Village's 18 residential low-height compounds - comprised of ground floor, mezzanine and first floor - present various residential and commercial options including 96 studios, 262 one-bedroom apartments, 100 two-bedroom apartments, and 918 retail shops. BARWA Village facilities include a 1,200 sq m health club with swimming pool, international school for 900 students, two-floor nursery, parking, parks and green spaces, playground, neighborhood center, 2-floor mosque accommodating 800 worshippers, medical clinic, 1,400 sq m administrative building, 4,000 sq m shopping center incorporating ground floor parking and hypermarket with commercial shops on the 1st floor and restaurants and children's games on the 2nd floor. BARWA Village design integrates the facilities to encourage social interaction, provide a healthy lifestyle and enhance relations among the tenants. It must be noted that all BARWA Village residential and commercial units are offered for rent only.

-Ends-  
 
About BARWA Village:
Located 10 kilometers south of Doha International Airport and just 20 minutes from the centre of Doha, BARWA Village's 18 low-level (G+M+1) residential blocks provide a mix of apartment lifestyle options: 96 studios, 262 one-bedroom and 100 two-bedroom apartments, in addition to 918 retail shops to cater for the projects tenants and visitors. Among numerous community facilities serving the project: clubhouse, swimming pool, international standard school, nursery, a neighborhood park, public plazas, playground, neighborhood center, mosque, health clinic, two-storey administration building, and a shopping plaza featuring retail units, food courts and children's games.  

About BARWA
BARWA is one of the premier organizations in the State of Qatar. As the name "BARWA" or "Contractual Commitment" suggests, we are inspired by our vision of a glowing future for Qatar.

With business interest in real estate & project development, property & facility management, construction material production, environmental activities & health, banking & finance, hotels & resorts, technology & utility, knowledge & communications and agriculture; BARWA is driven by the conviction that people deserve a comfortable living and working environment.

With extensive operations in Qatar and around the world, we believe that every BARWA project is the seed for an incredible journey, where our greatest achievement is realizing the dreams of our stakeholders.

www.barwa.com.qa   

About BARWA Property Management
BARWA Property Management, a subsidiary of BARWA Real Estate, was established to provide management services for residential, recreational, commercial and industrial properties inside and outside Qatar. The company aims at providing a wide range of property management services including 

1. Property management and rental collection and other revenues of supporting activities.

2. Financial management of properties (debt control, cash flow monitor, prepare reports).

3. Renting and leasing of lands and properties.

4. Management of commercial, administrative, industrial, residential, and hospitality properties.

5. Execution and management of rental contracts.

6. Properties upgrade and management.

7. Engineering consultancy services, including the preparation of drawings and technical specifications.

For further information, kindly contact:
Bassel Hanbali - Chief Communications Officer - BARWA
Mobile: +974 654 2099
Email: bassel.hanbali@barwa.com.qa

© Press Release 2009