Friday, March 02, 2007

‘Q-Point’ – for the low and middle income groups

The Kuwait-based developer, Al Mazaya Holding, is developing ‘Q-Point’, a Dh.2 billion project, targeted at the lower and middle income groups. The UAE property market is deficient in commercial and residential projects that are affordable for the middle and lower income groups, and hence a project such as the Q-Point, will permit individuals to possess a property that is reasonably priced, yet doesn’t compromise on quality.

With an intention to fulfill its policy of developing such properties, one of the leading property developers in the region, Al Mazaya Holding, is all set to begin its Q-Point project at Al Liwain, which will be developed by Mizin.

The residential units will be submitted for registration during a marketing plan to be conducted at the Airport Expo between 5th and 19th of March. Al Mazaya has signed a deal with Mizin, for purchase of 44 units in the Al Liwan Project, situated in Dubailand. Al Mazaya also has plans of developing a series of commercial and residential buildings in the location.

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