Qatar: Al Wakrah's Ezdan Mall to open by year-end
Ezdan Holding Group announced it is planning to open the upscale Ezdan Mall in Wakrah by the end of this year
Al Wakrah's first mall is scheduled to open by the end of 2016.
Spread over an area of 64,785m² Ezdan Mall has gross leasable surface of 38,800m² and will host 167 retail units, hypermarkets, international brands food court and a theme park.
"Al Wakrah does not have any mall. We are going to be the first and the only mall in that area," Dr. Mousa Al Awwad, Chief Operating Officer, Ezdan Holding, said, while delivering a lecture on ' Ezdan Journey in half a century and its role in supporting the country's economic growth' at the Cityscape exhibition.
He added: “The expected opening of this project is going to be the fourth quarter of this year. There will be some brand names…they are all famous, they are all well known.
“If you look at our Gharafa Mall, several of these names will be coming to Wakrah Mall," he said.
Ezdan real estate has more than 20,000 units in the real estate business which translate into hosting 4.5% of the total population of Qatar.
Mousa said the Group's another mega project ' Ezdan Oasis' in Al Wukair, can accommodate more than 35,000 people and the project includes integrated services such as mosques, sports clubs, schools, shops and offices as well as more than 8,769 residential units.
Ezdan Oasis will be a significant step in terms of increasing population density and meet the demand for housing units.
The total cost of the project exceed QAR4.5bn, providing a variety of 9,346 units.
The Group is planning to launch the first phase of the project during the first quarter of next year, while the following stages will be in the next few years successively.