25/12/2010 00:00 AST

Residents of Barwa Masaken are all praise for the project. They are urging the government to plan more of these schemes in and around Doha.

Formerly the Barwa Housing Programme, Barwa Masaken currently has two projects, in Mesaimeer and another in Al Sailiyah, offering budget housing options to close to 2,000 families.

“The move here has been a blessing. The maintenance is prompt, the security strict and the overall feel that of communal harmony,” a Qatari resident of three-bedroom apartment in Barwa Mesaimeer said.

“For the money, it was well-worth the move,” he added.

Each plot in Mesaimeer and Al Sailiyah is designed in blocks of six, with children’s play areas in each of them, with a community area at the centre of the plots for interaction between the diverse residents. Both plots are also heavily landscaped.

“We moved here (Barwa Al Sailiyah) in September and since than its been a breeze from the chronically-choked run-down area of Mughlina we used to live in,” a Pakistani family living in a two-bedroom unit in Barwa Al Sailiyah said.

“You can see children playing outside every evening, with families gathering in the centre of the blocks,” the family said.

Barwa Mesaimeer was handed over to tenants in February 2009, while Al Sailiyah began in July of 2010. Barwa Mesaken features 31 buildings on each project site with 17 designed for three-bedroom and 14 for two-bedroom units. The monthly rents are QR3,500 and QR3,000 respectively.

Initially there were problems since the supermarket and other amenities were not opened right away in Mesaimeer and about the quality of fixtures used in Al Sailiyah. Residents also protested over not being allowed to install their own dish and satellites. These were, however, gradually resolved.

Currently, all facilities at Barwa Mesaimeer are operational, while at Barwa Al Sailiyah, only the community mosque is open so far.

Based on the various amenities and amenities tenants receive, the company recently announced a hike in rents at Barwa Mesaimeer of 10% starting January 2011, but later withdrew the decision on the back of increased pressure from tenants who reminded the company that Barwa Masaken was originally supposed to be a subsidised housing programme in Qatar.

Both projects have been completed with a club house, gym, game rooms, multi-purpose hall, basketball court, tennis court, swimming pool, and a six-room nursery school, in addition to a supermarket.

Membership is required to access the clubhouse though which includes a semi-covered swimming pool, and the three courts. It is tagged at QR2,000 per annum per family.

“If there were any issues initially, they were resolved sooner than later. Now the response time has also increased. For example, one day around 2am a light-bulb popped. The maintenance team was quick enough to show up and replace it,” another resident, of Barwa Mesaimeer said.

At the Barwa Mesaimeer, the company has recently also started replacing all the doors, of all the over 900 units.

“This was ostensibly done as families had complained the previous ones were too weak,” a resident said.

“I get asked once a week whether there’s an empty unit in any of Barwa Masaken projects. I believe the government should start more of these projects,” she added.


Gulf Times

Barwa Real Estate takes part in Qatar-Russia 2018 Year of Culture

19/09/2018

Barwa Real Estate Group, one of the leading real estate and investment companies in Qatar and the region, participated in the Qatar-Russia 2018 Year of Culture, where a seminar entitled “Qatar: No Li

The Peninsula

Barwa reports net profit of QR804m for H1

25/07/2018

Barwa Real Estate Group, one of the leading real estate and investment companies in Qatar and the region, has reported a net profit (attributable to the shareholders of the company) of QR804m for the

The Peninsula

Barwa Real Estate Group posts QR405m net profit for Q1

25/04/2018

Barwa Real Estate Group’s net profit attributable to the shareholders of the parent company reached QR405m and earnings per share at QR 1.04 for the first quarter of 2018, down from the net profit o

The Peninsula

Ticker Price Volume
QNBK 179.79 137,952
APPC 47.90 36,497
SAICO 10.66 20,573
SABIC 122.80 323,341
ALAWWAL 14.50 136,617
ENAYA 16.88 85,629
BSFR 33.00 4,175
BRES Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ERES 10.47 0.45 (4.49%)
MABANEE 611.00 -2.00 (-0.33%)
UDCD 14.00 0.18 (1.30%)
SRE 329.00 1.00 (0.30%)
ALTIJARIA 80.40 0.40 (0.50%)
Emaar Development offers up Dh1bn shareholder dividend

17/10/2018

Emaar Development proposed a special cash dividend to shareholders representing 26 per cent of paid-up share capital, and plans to hold a vote on the proposal in a general meeting on Wednesday.
<

The National

Bank Muscat and Ominvest sign RO 120m long-term credit facility

17/10/2018

Bank Muscat, the flagship financial services provider in the Sultanate, in line with its vision ‘To serve you better, everyday’, and commitment to partnership in sustainable development, signed a lon

Oman Daily Observer

Etisalat Digital offers glimpse into future of retail

17/10/2018

Etisalat Digital is embracing the future of retail at this year’s Gitex Technology Week, offering a seamless shopping experience through face recognition, artificial intelligence, image recognition a

Trade Arabia

Mobily, Huawei tie-up for bringing 5G to Saudi Arabia

17/10/2018

Saudi Arabia’s Mobily and Huawei have agreed to collaborate on a five-year plan to upgrade Mobily’s networks and accelerate the arrival of 5G to the kingdom.

The announcement was made at

Trade Arabia

Aramco catalyst for India’s oil and gas sector growth

16/10/2018

Saudi Aramco played a central role in the second India Energy Forum att the invitation of the Minister Dharmendra Pradhan and the Indian Ministry of Petroleum and Natural Gas.

Hosted by CE

Saudi Gazette