Qatar’s skyline, like its economy and population, has seen dramatic changes since the early 1990s. Each year, Qatar’s real estate market continues to grow by taking on a number of new projects that are integral to realising Qatar National Vision 2030.
The only constant amid the change is Al Asmakh’s commitment to investing heavily in the country and contributing to the nation’s economic and social development. Thanks to this vision, Al Asmakh is recognised as one of the strongest names in the industry with secured ISO and RICS certificates.
30 years since its inception, Al Asmakh continues to be a dynamic and vibrant brand that constantly strives to stay ahead of the competition by combining quality and excellence with innovation and frontier technology.
Our new branding shows that Al Asmakh is building on its reputation and moving forward, expanding into new horizons and maintaining a larger role as a contributor to Qatar 2030 goals.
With a broad range of projects in our portfolio, developments include gated communities and apartments across Doha, high rise towers within West Bay and The Pearl-Qatar as well as Pavilion, a first class community within Lusail City.
Our Real Estate Model integrates independent in-house entities like our Brokerage Agency, Property Management, Real Estate Development, Facilities Management, Valuations & Research and Escrow Services: This ensures that we provide a fully integrated, enhanced experience for our clients. All of our services complement one another. Our new Concierge service adds yet another dimension to what we can offer and further showcases our forward thinking and innovative attitude to business.
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Place Vendôme is an upcoming QR5 billion mixed-use development underway in Qatar’s emerging Lusail City. Place Vendôme is a project by United Developers, a group of four Qatari investors who partnered to align their expertise in retail, real estate, construction and contracting. United Developers envision Place Vendôme as a groundbreaking example of the entrepreneurship, vision and energy that is central to Qatar’s commitment to the nation’s development.
The project began on March 17th, 2014 and is due to open in the third quarter of 2017. The 800,000m² development will host two five-star luxury hotels, serviced apartments, a mall featuring up to 400 different retail outlets with a luxurious wing dedicated to top designer labels, and a central entertainment component which will showcase constant attractions.
The Parisian-inspired development will be reminiscent of the famous high-end shopping street in Paris, Rue de la Paix. The architecture is intended to radiate luxury and extravagance whilst capturing Qatari culture. Place Vendôme will feature a canal running through it directly from the sea, creating an open plaza experience with cafes and restaurants overlooking the water.
Strategically placed at the heart of Lusail, Place Vendôme aims to be the new centre of attraction for everyone who seeks a unique shopping experience and entertainment, all in one place. Rising in parallel with the infrastructure in Lusail City, it will be served by new roads, public transportation, parks and marinas.
Place Vendôme adheres to and supports the pillars of Qatar National Vision 2030. The project reflects United Developers’ commitment to Qatar’s economic diversification as well as human and social development through the opportunities and jobs that the project will create during construction and upon completion.