The General Authority for Real Estate Regulatory “Real Estate” granted Barwa Real Estate Group the “Best Real Estate Investment” award for its pioneering project, “Barwa Hills,” on the sidelines of the activities of the third edition of the Qatar Real Estate Forum.
This award comes in recognition of the group’s excellence and creativity in developing residential real estate projects, and the high quality and distinguished standards achieved by the project that meet the aspirations of residents and contribute to raising the level of the real estate sector in the State of Qatar.
This honor represents an appreciation for Barwa Real Estate’s long history in supporting the development of the local real estate market, and presenting distinctive and exceptional projects that represent a real addition to the urban landscape in Qatar, by adopting the best international practices in design, construction and development.
On this occasion, Engineer Ahmed Mohamed Al-Tayeb, CEO of Barwa Real Estate Group, expressed his pride in this achievement, and said: “We are proud to have received the (Best Real Estate Investment) award for the (Barwa Hills) project from the Real Estate Regulatory Authority, which represents an affirmation of confidence in our strategic vision based on innovation and sustainability. This award is the result of the efforts of the group team and the cooperation of our partners, and embodies our commitment to developing projects that keep pace with the aspirations of society and contribute to strengthening Qatar’s position as a leading destination for real estate investment in the region.”
Al-Tayeb added: “Barwa Real Estate Group is continuing to implement its development plans that keep pace with the goals of Qatar National Vision 2030, by providing integrated residential and investment solutions that support the national economy and meet the needs of individuals and investors.”
The Barwa Hills project is one of the most prominent new Barwa Real Estate projects, as it embodies the concept of integrated urban communities that take into account the needs of residents and achieve the highest standards of sustainability and modern comfort, making it a role model in the local real estate scene.
The project is located in the Jabal Thailib area in Lusail City, and extends over an area of 129,577 square meters that will be developed in phases. It is distinguished by its strategic location among the city’s most important landmarks such as Lusail Stadium, Lusail Trail, and Lusail Seef, making it one of the prominent real estate projects that reflects Barwa Real Estate’s vision of developing integrated urban communities that combine luxury, functionality, and sustainability.
This award confirms the leadership of Barwa Real Estate Group in the Qatari real estate scene, and strengthens its position as a strategic partner in the comprehensive development process witnessed by the country.
Start registering interest in purchasing shares of your first apartment through the Barwa RealStakes application
During the second day of the Cityscape Real Estate Exhibition, registration of interest began in purchasing shares of the first apartment within the company’s Barwa Royal Building, which will be put up for sale as part of Barwa’s latest product, which is the “Barwa RealStakes” application.
Barwa signs the contract to operate our city school
As part of its commitment to supporting the education sector and enhancing its contribution to development within the Qatar National Vision 2030, Barwa Real Estate Group signed a contract with Edison International School to lease and operate the Madinatna School project, one of its latest educational projects within its real estate portfolio.
Engineer Mohammed Ibrahim Al-Emadi, Head of Asset Affairs for the Group, confirmed that the Group views education as a fundamental pillar within the Qatar National Vision 2030, and said: “This project reflects our commitment to creating distinguished investment opportunities that serve the nation and society, supports the diversification of the Group’s real estate portfolio, and provides integrated services to the residents of the Group’s Madinatuna residential project, for the benefit of our shareholders.”
For his part, Mr. Sultan Al-Malik, Vice President of Edison School, expressed his enthusiasm for this partnership, and said: “We are honored to cooperate with Barwa Real Estate Group to lease and operate the Madinatna School project, as we seek to provide a distinguished educational experience that combines international standards and modern educational methods, ensuring the development of students’ capabilities and providing a comprehensive and safe educational environment that supports their academic and personal growth.”
Engineer/Mohamed Ibrahim Al-Emadi, Group Head of Asset Affairs, commented about the project that it extends over a land area of 27,000 square meters, with an estimated building area of 23,000 square metres, and includes 85 classrooms with a capacity of up to 3,400 students, in addition to parking lots for cars and buses, various playgrounds, and all the necessary facilities to ensure an integrated and modern educational environment.
Signing a strategic partnership agreement with Ooredoo
In a step that reflects its continued commitment to supporting digital transformation in the State of Qatar, Barwa Real Estate announced the signing of a strategic partnership agreement with Ooredoo, with the aim of developing an integrated digital system that serves the real estate sector and enhances its operational efficiency.
This agreement comes within the framework of the two companies’ efforts to provide innovative technical solutions that contribute to developing the digital infrastructure of vital sectors in the country, including the real estate sector, which is witnessing rapid growth and requires smart systems capable of managing operations with high efficiency.
Under the agreement, Ooredoo will provide and develop an integrated set of digital solutions. This cooperation aims to enable Barwa to improve its customers’ experience and enhance the quality of its services by relying on an advanced and integrated digital infrastructure.
Mr. Saleh Ahmed Al-Sharafi, CEO of Waseef Company, commented on the agreement, saying that Barwa Real Estate Group is pleased with this strategic cooperation with Oreed Company, which aims to provide all the necessary services for the well-being of tenants in the group’s projects. This reflects Barwa’s commitment to its tenants.
Commenting on this agreement, Thani Ali Al Malki, Head of Corporate Services at Ooredoo Qatar, said: “We are pleased to cooperate with Waseef by signing this strategic agreement, which reflects Ooredoo’s endeavor to provide innovative technical solutions that contribute to developing the digital infrastructure of vital sectors in the country, including the real estate sector, which is witnessing rapid growth and requires smart systems capable of managing operations with high efficiency.”
Barwa sold a plot of land in Al Wakrah
During the activities of the second day of the exhibition, Barwa Real Estate Group announced the sale of a plot of land in the city of Al Wakra, which is owned by Qatar Real Estate Investments Company, a wholly affiliated subsidiary of Barwa Real Estate Group, for the benefit of Al Mana Capital Real Estate Company.
Under the agreement, the sale of the plot of land with an area of 26,632 square meters will be completed according to the terms of the agreement. The land is located on Al Wakra Mesaieed Road and has a view of the main street. It is a multi-use land.
The announcement ceremony was attended by Eng. Ahmed Mohammed Al-Tayeb, CEO of Barwa Real Estate Group, and Mr. Abdul Rahman Hamad Al-Mana, Executive Vice President of Al-Mana Holding Group. Al Mana Holding Group is an example of institutional excellence in all fields, as it seeks to promote development in the region and explore new opportunities at the national and regional levels. It is also characterized by a diverse investment portfolio that includes residential and commercial projects and gas stations, in addition to shopping centers, which reflects the diversity of its experience and its ability to meet various market needs and thus consolidates its role as a reliable partner in shaping the future of the sector. Real estate in Qatar, and a major supporter of the urban and economic development process in the country.
This deal comes within Barwa Real Estate’s strategy to exit some non-income-generating assets, which will reflect positively on the group’s cash flows and financial position, as well as on its financial indicators, which contributes to achieving sustainable growth in shareholder returns.
Operating Al-Nasr Driving Academy in Madinat Al-Mawater
Barwa Real Estate also announced the start of operations for Al Nasr Driving Academy, which is located within the third phase of the Madinat Al Mawater project. The announcement was accompanied by special offers for those wishing to enroll in the school, in celebration of the 20th anniversary of the founding of Barwa Real Estate Group. The announcement of the operation of the academy was witnessed by Mr. Mohammed Al-Emadi, Head of Asset Management Affairs at Barwa Real Estate Group, and His Excellency Mr. Nasser bin Abdullah Al-Nasr, owner and director of Al-Nasr Driving Academy, who expressed his happiness in partnering with Barwa Group through leasing and operating the Al-Nasr Driving Academy within the Madinat Mawater project. From this standpoint, the academy is a sophisticated edifice extending over a total area of 3,800 square meters, which includes the General Traffic Department building, the school administration building, in addition to a special building waiting for trainees on heavy equipment and motorcycles.
The academy accommodates 1,500 trainees, with waiting rooms for men, women, VIPs and the elderly, in addition to 8 training classes for men and 8 for women. The academy also includes an advanced simulator based on artificial intelligence techniques to train trainees to drive with the highest levels of accuracy.
The academy was keen to equip the facilities according to the highest safety standards, including a safe outdoor area for beginners in driving, in addition to modern air conditioning systems and permanent electricity provision.
Special promotions in many of the group’s projects
The activities of the second day of the Cityscape exhibition also witnessed the exhibition’s visitors’ interest in the distinguished promotional offers offered by the group for rent in some of its projects, such as the Madinatna project for family housing, the Argentinean neighborhood project for workers’ housing, as well as the Barwa Al Baraha project for housing male and female workers, the Mawater City project and other projects of the group.