Mazaya Residence hosts Open Day for owners and customers
Phase II completion near 35 pct; delivery by end of 2018
KUWAIT CITY, April 17: As the final delivery of Al Mazaya Residence Al Mawaleh’s Phase I units is around the corner, Al Mazaya Holding, the main developer of the top integrated mixeduse project, hosted an Open Day on the project’s site in Al Muawalh area for a number of residential and commercial units’ owners as well as potential buyers.
The visitors were briefed on the latest status of the project in terms of construction and final stages of the development at the project’s Phase I. They also toured the project and got firsthand experience of the model furnished apartment prepared for the visitors to view the final design of the residential units and to identify the material used in finishing these units.
Sheikh Mubarak Al Sabah, Executive Director of Marketing and Sales at Al Mazaya Group, said: “We are pleased to welcome and host all existing and potential owners of the Al Mazaya Residence Al Mawaleh, which represents a lifetime chance for homeownership for Omani and Gulf citizens alike. In addition, it is a promising real estate investment opportunity that caught the admiration of all our clients who have expressed happiness and satisfaction with what they have seen on the ground, including the quality of work delivered.”
Al Sabah added, “The commitment to delivery schedules is one of the most important factors for a developer’s success that corroborates its fulfillment of the promises it made to property buyers at the time of the project launch. Today Al Mazaya Holding is one of the key real estate developers in the Middle East, thanks to its expertise and human resources which have enabled it to deliver dozens of projects in various countries of the Gulf Cooperation catalyst for real estate demand that will add to the competitive edge enjoyed by the project to help draw residents and investors from various categories. The project offers apartments with different spaces and designs that cater to the tastes and lifestyle of Omani families in particular and the Gulf households in general.
In its first phase, Mazaya Residence Al Mawaleh provides residential units with multiple models, spaces and designs suitable for various small and large families. The 120-apartment project is sprawling over 6,614 square metres and has 28 retail shops.
Providing all amenities of life, including swimming pools, tennis courts, kids play areas, and women’s and men’s health clubs, as well as underground parking and 24/7 security, cleaning and maintenance services, Al Mazaya Residence Al Mawaleh is a dynamic project that provides high-quality housing units with modern designs and finishing styles, using premium building products and material.
Success
With the success of the project’s first phase, Al Mazaya announced the launch of the construction of Phase II, which is district “B”, where completion has reached 35 percent, and is expected to be completed end of 2018. It includes a residential building with a total area of 18,500 square metres, and consists of basement, ground floor and 3 typical floors, accommodating multiple-space 90 residential units and 42 shops. On the marketing level, Al Sabah said, “Al Mazaya provides the project at affordable prices to suit all segments of society in the Sultanate, while offering a high quality real estate product in terms of design and spaces, where best-in-class construction materials are used, along with the provision of all services and utilities, including swimming pools, tennis courts, kids play areas, women’s and men’s health clubs, along with an underground parking, security, cleaning and maintenance services around the clock, in a way that provides an integrated residential environment.” Commenting on his view of the future of the real estate sector, Sheikh Mubarak Al Sabah said: “There is no doubt that the current geopolitical conditions in the region have their own bearing on the economy in general, but the only constant in this equation is the feasibility of investment in the real estate sector, which is considered a repository for value. There is no doubt that the Omani real estate market boasts economic stability and security in a way that enhances chances of successful real estate investment.”
Al Mazaya Holding has provided a sales centre on the project’s site, including the project outline template, samples of building and finishing materials used, in order to make it easier for buyers and visitors to identify the followed standards and specifications. Al Mazaya offers a fully furnished model apartment on the project site, giving the buyer a real-time picture of the house, he/she will own at Mazaya Residence Al Mawaleh.