Qatar Real Estate News
Asteco unveils Imperial Ruby Tower
The property services leader, Asteco, has been appointed as the only sales agents for the Imperial Ruby Tower at Viva Bahriya district, in The Pearl Qatar.
Being a part of the developer Durat Al Doha’s five-tower development – Imperial Towers, the Ruby Tower blends together the intricacies of Thai, Indian and Japanese culture, with each tower taking inspiration from each of the world’s continents.
David Oayada, the Asteco General Manager, during the launch, mentioned that the Ruby tower stands like a real gem in the market, offering a themed living experience and unparalleled investment opportunities with its mortgage packing. He added that Asteco is pleased to contribute this unique development to Qatar.
Ruby Towers are a choice of single, double and triple bedrooms apartments, and penthouses with direct access to a private beach. The distinct design and financing option of the towers has already drawn huge interest with one-third of its 153 units already sold during the recent launch.
The luxurious interior of the tower brings to one’s mind the intensity and diversity of Asian continent, which are exotic to the eye and soothing to mind. The Ruby towers are a perfect antidote to today’s fast-paced lifestyle, offering a sanctuary to residents, or visitors or business travelers.
The Ruby residents will join Qatar’s ‘Riviera Arabia’ living, which offers a combination of Qatar’s heritage with modern expectations. This destination offers a modern outdoor Riviera lifestyle, which evokes visions of France and Italy at the core of Arabian Gulf.
All residence of the up-scale Viva Bahriya district of The Pearl will have access to stunning seascapes, bustling marina, pristine beaches, and upscale retails and restaurants. The amenities will include gymnasium, clubhouses, leisure amenities and schools.
The exclusive mortgage package offers payment of 10 percent of property value as a down-payment, and another 10 percent to be given every six months thereafter, and the rest 80 percent on completion of the project.
The Imperial Ruby Towers are due for completion in 2010.
Read more news
> The Gate development to be ready by September 2009
> Barwa records 38 percent growth
> Residents seek more transparency in property sector
> High rents compel Doha families to live in trailers
> Alaqaria to invest QR10bn on housing projects in Qatar
> Rental dispute poses health hazard to tenants
> Rent dispute panel at Rayyan Municipality, yet to get operational
> Qatar plans upgrade of infrastructure to resolve surging housing costs
> Qatar realty market scores low in terms of transparency
> ADIH plans to tap the strong Qatar realty sector









