Al Qudra to unveil new projects at Cityscape

19/04/2015 00:47 AST

Al Qudra Real Estate is participating in Cityscape Abu Dhabi 2015, to be held from April 21 to 23, 2015 and will showcase its latest projects in real estate development, Ain Al Fayda Lakes project.

“We are delighted to participate in Cityscape Abu Dhabi 2015 as key players in the real estate market development in the Emirate of Abu Dhabi. Al Qudra Real Estate continuously strives to accomplish major projects that meet the highest global standards while offering exemplary lifestyle, such as the Ain Al Fayda Lakes project in the city of Al Ain,” said Khalifa Yousef Khouri, Chairman of Al Qudra Real Estate.

Scheduled to be completed in 9 consecutive phases, the Ain Al Fayda Lakes project’s phase 1 consists of a total of 189 housing units. Nestled in a green haven, the project overlooks the Jebel Hafeet Mountains, waterfronts and natural spring-fed lakes from the Ain Al Fayda spring. The residential area was developed with the theme of “Living in Harmony with Nature”. Ain Al Fayda Lakes offers end-users a private and lush lifestyle and caters to all modern needs of shopping and family entertainment while living in nature’s green lap in an exclusive location in Al Ain City.

“The company is keen to contribute to the development process in the Emirate of Abu Dhabi. We are doing this by adopting an effective strategy and by engaging in key projects in various sectors, including real estate development, oil and gas, tourism, and healthcare to further promote the investment activity both locally and regionally,” said Mohammed Bin Thaaloob Al Darei, Chairman Al Qudra Holding.

This comes in conjunction with the increase in profitability achieved over the last few years by the parent company. Al Qudra Holding, with net profits increasing for the third consecutive year from AED 64 million in 2013 to Dhs105 million in 2014, has shown an overall increase of 62 per cent, reflected in its various initiatives and projects currently underway.

The Gulf Today