Al Janoub Gardens Residence in Al Wukair area has demonstrated, in a short period, remarkable success and managed to create a positive impact in the real estate market not only in terms of residential units but also at the level of retail outlets, a statement said.
A series of openings in the upcoming phase, will include a variety of commercial activities serving the compound and the neighbouring residential areas.
Al Janoub Gardens provides up to 240 outlets and shops with activities ranging from supermarkets, cafes, and restaurants, to women's and men's salons, services, and entertainment, with spaces ranging between 39sq m and 62sq m, including the possibility of combining several shops to reach about 282sq m.
Hani Dabash, deputy group CEO of Ezdan Holding Group, said: “The Al Janoub Gardens project marks a significant moment in Ezdan Real Estate Company's timeline by providing a unique and superior lifestyle to all its inhabitants.
“It ensures luxury and joy with its sports amenities, entertainment options, and gardens. Additionally, it features retail outlets that enhance the shopping experience, along with services that reduce time and effort for its residents, offering them luxury. We anticipate that the resident count in the compound will surpass 10,000 once fully leased.
“The compound has earned accolades for success and achievement from our valued audience, having fully leased the entire first phase and all residential units totaling 880 apartments in record time. We swiftly initiated the second phase of the project, which sustained this success by achieving an occupancy rate of over 75% in just a few weeks, and we anticipate surpassing 90% occupancy next month.”
Dabash noted that the success achieved at the residential level was positively reflected in the commercial leasing movement. Plenty of leasing requests among commercial activities, including supermarkets, cafes, and restaurants were recorded, and many of them have already signed leasing contracts, and expected to operate next month.
Al Janoub Gardens project is distinguished by its vital location on two main roads, Al Wakra Main Road and Al Wukair Main Road, opposite Al Janoub Stadium. In addition to the diverse service shops it provides, it also features gyms and a central garden featuring children’s playgrounds and flowing waterfalls. The project includes one of the largest mosques ever constructed by Ezdan Real Estate Company.
During the first quarter of this year, Ezdan Real Estate Company announced the start of leasing for the first phase of Al Janoub Gardens mixed-use project (residential and commercial), featuring over 2,500 fully furnished residential apartments of various sizes and retail outlets.
This project spans more than 400,000sq m and includes roughly 4,200 parking spaces for both residents and visitors, located outdoors and in basement areas. Additionally, the project encompasses a mosque, children's play areas, and swimming pools spread throughout the development.
Al Janoub Gardens provides up to 240 outlets and shops with activities ranging from supermarkets, cafes, and restaurants, to women's and men's salons, services, and entertainment, with spaces ranging between 39sq m and 62sq m, including the possibility of combining several shops to reach about 282sq m.
