Westpac Properties Expands Into Real Estate Sales

Westpac Properties Expands Into Real Estate Sales By Fathimath Nasli - February 29, 2024
Westpac Properties Expands Into Real Estate Sales

New sales division of Westpac Properties unveiled at a launch on February 26 at the Plaza Doha

  • Premium Properties Throughout Qatar Join Company’s Portfolio
  • Company Aims To Be Leading Real Estate Brokerage

Westpac Properties, one of the longest established major real estate players in Qatar with a 17-year-history in the market, is diversifying into property sales.

The company, which until now focussed on property management services, primarily leasing in seven premium properties across Doha like Hazm Al Markhiya compound, the Pearl Property AP17 & AP19, Jassim Towers, Old Airport Luxury Apartments, Najma Apartments and Al Naser Apartments, will now represent some of the country’s leading developers with a start-up portfolio for sale that includes projects in Lusail Marina such as Marina 02, Marina 007 and Marina Mall, a project in Fox Hills, Les Vagues by Elie Saab situated in Qetaifan North Island, a Project in Oman and investment projects in Dubai such as Gulf Greens and Sapphire.

“Our expansion is timely as the Qatar real estate investment market has consistently gained momentum over the past few years benefitting from an opening up to foreign ownership in some sectors, increased regulation, which has delivered investor confidence and the positive exposure of the nation accruing from its hosting of the World Cup Qatar 2022 and other major international events,” commented Westpac Properties Chairman Mohammed Ahmed Al-Sheeb.

Abdul Sathar, Westpac Properties Managing Director said the company aimed to be a leading real estate brokerage within Qatar, aligning with the government's commitment to development and improvement. 

“We aim to empower expatriates through comprehensive education on real estate investment, covering key topics like bank mortgages, freehold areas, and flexible payment plans. We emphasize property ownership benefits over renting, promoting long-term financial stability. By increasing awareness and providing resources, we inspire confidence for successful investments in the real estate market."

The company’s new sales division was unveiled at a launch on February 26 at the Plaza Doha attended by Westpac Properties’ clients, investors, and the media.

Abdul Sathar told the gathering that by entering the sales sector Westpac Properties would now deliver complete property solutions to the market in line with its sector leadership ambition.

“We have an unwavering commitment to provide exceptional rental properties and real estate investment opportunities to our clients complemented by unparalleled service and personalized solutions. Our experts work tirelessly to understand the unique needs of each client and offer tailored solutions that meet their goals,” he explained.

To date, Westpac Properties has provided clients with services covering more than 150 real estate projects comprising over 1,500 tenancies. “Our team's dedication to quality and attention to detail has ensured that each project we undertake is completed on time, within budget, and to the precise specifications of our clients. This specialised expertise will not be brought to the sales sector,” added Abdul Sathar.

By Fathimath Nasli - February 29, 2024

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