Doha, Qatar, October 15, 2019: Alfardan Group has announced its appointment of Qatar Sotheby’s International Realty as the exclusive sales agency for The Residences at The St. Regis Marsa Arabia Island, its branded luxury properties at The Pearl, Qatar.
Since construction works for The Residences commenced in 2018, Alfardan Group has made steadfast progress in the completion of the master development. The group’s partnership with Qatar Sotheby’s International Realty marks another milestone toward the launch of the exclusive destination.
A leading high-end property international brokerage firm around the globe, Sotheby’s International Realty boasts an exclusive and robust portfolio of luxury real estate property across the world’s most premium addresses and locations. Alfardan Group entered into a strategic partnership with Sotheby’s International Realty earlier this year for the launch of firm’s Qatari operation, which will focus on real estate demand in Doha, as well as on servicing a portfolio of international property investments for Qatari clients.
Commenting on this appointment, Omar Hussain Alfardan, President and CEO, Alfardan Group, said:
“Across our projects, we set out to redefine luxury living with an architectural signature, facilities, services and privileges that are bespoke for our residents’ needs and expectations. Building on this legacy, we are happy to be joining forces with Qatar Sotheby’s International Realty, a leader with a proven track record in luxury real estate. With the launch of another visionary development for Qatar’s premium real estate market, the synergies, leadership and drive for service excellence we share with Sotheby’s in the premium hospitality space will be of great value for the lifestyle experience offered by The Residences at St. Regis Marsa Arabia Island, The Pearl-Qatar.
This is merely the beginning of this partnership’s future, as we continue to strategically scale our footprint both locally and regionally. Qatar Sotheby’s International Realty will play an instrumental role in bringing our portfolio of fine hospitality and unique living experiences to the luxury community in Qatar and beyond.”
The Residences, strategically located at the heart of The Pearl – Qatar alongside its Porto Arabia marina, will be home to a unique lifestyle experience, introducing the first exclusive St. Regis branded residences to be sold in the country. Comprising 245 furnished branded residences, The Residences offer tenants an array of one-, two-, three- and four- bedroom apartments, as well as duplexes, townhouses, and royal penthouses. The project boasts state-of-the-art amenities, cutting-edge technology and luxuriously grand architecture, fusing Andalusian and Arabesque design influences.
In the privacy of their own island life, tenants will have access to the brand’s signature private butler service, a host of fine dining restaurants, leisure experiences, retail outlets, and wellness and spa centers.
Home to The Residences, the Marsa Arabia Island hotel and residential destination features 207 hotel apartments, availing prospective tenants access to premium facilities and amenities and 24-hour concierge services.
On the importance of The Marsa Arabia development, Omar Hussain Alfardan, President and CEO, Alfardan Group, commented:
“Located at the heart of The Pearl, a beacon of our local culture and vision, this development will also be fueled by our national momentum; Qatar’s economy is transforming at record pace as it brings to life its National Vision 2030 and the FIFA World Cup 2022, with culture, tourism, and world-class entertainment at its heart. World-renowned attractions, such as The Pearl, will be at the center of this momentum, and so will our flagship developments.”
A freehold development on a private island, The Residences will offer prospective tenants and owners flexible and rewarding ownership schemes. Tenants will also be availed hassle-free processes for residence permits for their entire family, and preferred access to the inner circle events at The St. Regis Marsa Arabia Island and The St. Regis Doha.
The St. Regis Hotels & Resorts stands today as one of the world’s most famous luxury hotel chains, part of the Marriott-owned Starwood Hotels and Resorts worldwide, with a global presence covering the most popular international tourist and commercial locations.