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Ezdan Real Estate has launched a new promotional campaign offering 15-month rent-free on 500 commercial units at Ezdan Oasis, in Al Wukair, the company announced in a statement on Monday.
Ezdan Real Estate Property Management Director Hani Dabash said through this campaign the company is targeting small and medium-sized enterprises including craftsmen, entrepreneurs and companies.
The promotion will run from July 21 to September 30, 2019, he added.
Ezdan Oasis is spread over an area of one million square metres and is expected to house more than 35,000 residents in around 9,000 housing units. It encompasses two schools, Lulu Hypermarket, and a variety of services and facilities that integrate to form an ideal living and working environment.
Hani said the new campaign aims at offering cost effective rentals for new investors and encourages them to fill vacant commercial units in the Oasis which is meant to accommodate more than 35,000 residents.
“Traders, entrepreneurs and investors under the special summer offer will receive three month gratuity period plus a full year rent-free,” he said.
“Therefore, each new tenant who signs a contract during the promotion period, will be entitled to 15- month rent-free retail unit, which in turn would boost the long-term business and its stability.
“This serves the residents of “Ezdan Oasis” and the surrounding areas, and finally would benefit Al Wukair region, by triggering a commercial and economic boom,” Hani added.
Hani said Ezdan Oasis would witness significant commercial momentum in the forthcoming period, driven by the stunning display of its diverse retail outlets and in parallel with the continued growth in the population of its residential units, which opened doors for leasing last year.
“Moreover, the summer promotion will provide traders, craftsmen, private professionals and business investors with a real opportunity to expand or start a new business in an integrated residential environment driven by road and infrastructure development projects currently underway in Al Wakra.
Hani said “Ezdan Oasis” is the largest real estate project in the history of the Ezdan Holding Group on a land area of about one million square metres in Al Wukair area.
The most distinctive aspect of the project is the provision of 582 commercial outlets, including retail shops ranging from 60 to 104 square metres. The retail spaces are best suited for restaurants, cafes, pharmacies, shops, bakeries, laundries and others.
Hani said housing units in “Ezdan Oasis” includes 8,769 furnished apartments, accommodating more than 35,000 people, and offering variety of services and facilities.
The project has two schools, eight sport clubs, five swimming pools and a huge Lulu hypermarket.
Ezdan Oasis is an eco-friendly project, with 35% of green lawns.
It also provides multiple parking lots, providing ample space for residents and visitors of the Oasis, as well as a range of services, including security, maintenance and other services.
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16/07/2019
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