Mazaya Real Estate Development Company has announced the acquisition of Lusail University Females Building (Building no ECQ1-B01&B02) located in Lusail City – for a value of 385 million Qatari Riyals. The university is leased by the Government Housing Department with an annual yield of nearly 7%.
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Announcement of the sale of the Gloria Doha Hotel
Mazaya Real Estate Development Company announced the completion of sale of Gloria Doha Hotel in AlSalata area, for 135 million Qatari Riyals.
Call for Ordinary & Extra Ordinary General Assembly Meeting for the year 2023
The Board of Directors of Mazaya Real Estate Development is pleased to invite the shareholders to attend the Ordinary & Extra ordinary general assembly meeting that will be held on Tuesday, March 12, 2024, at 09:30 pm Via Zoom cloud meetings. In the event the quorum is incomplete, the next meeting will be held on… Continue reading Call for Ordinary & Extra Ordinary General Assembly Meeting for the year 2023
DISCLOSES THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
Mazaya Real Estate Development Company discloses its financial statements for the year ended December 31, 2023. The statements show that the net profit is (QR 29,687,237) compared to net profit amounting to (QR 41,008,041) for the same period of the previous year. The earning per share amounted to (QR 0.026) for the year ended December… Continue reading DISCLOSES THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
Announcement of Financial Statements for the year ended December 31, 2023
The Board of Directors of Mazaya Real Estate Development meeting will be held on Monday February 19, 2024, at 1:30 p.m. to discuss the Financial Statements for the year ended December 31, 2023.
Disclosure of the sale of Dubai lands
Mazaya Real Estate Development company has announced the sale of lands located in the Wadi Al Safa area – Dubai, with a total value estimated approximately at 32.5 million UAE dirhams, equivalent to 32.3 million Qatari riyals.
Disclosure of Replacing Al Daayen land with Al Mashaf land
Mazaya Real Estate Development Q.P.S.C. announces the completion of the process of replacing Al Daayen land plot (Pin number: 70018688) with Al Mashaf land plot (Pin number: 91042161) with an area of 29,319 square meters, with the same commercial activities.
Disclosure of Capital Reduction for Mazaya Real Estate Development Q.P.S.C.
Mazaya Real Estate announces that it has obtained all the necessary approvals to implement the capital reduction process, as per the resolution of the Extra Ordinary General Meeting (EGM) dated 17/05/2023 which approved the reduction of the company’s capital and the cancellation of 157,625,000 shares, equivalent to QAR 157,625,000, which represents 13.6% of the total… Continue reading Disclosure of Capital Reduction for Mazaya Real Estate Development Q.P.S.C.
Completion of a commercial Transaction
Mazaya Real Estate Development Q.P.S.C. announces the completion of a commercial transaction consisting of the acquisition of the Gold Plaza complex in Abu Hamour area, which includes commercial and residential units with a total area 11,366 square meters, the value of the transaction is QAR 180,000,000.
Vera Tower
Mazaya Real Estate Company Q.P.S.C. has announced the launch of the Vera Tower project in Lusail city. It is an upscale residential tower distinguished by its modern design and its view of Lusail city and its diverse amenities. The Vera Tower project is scheduled to be completed in 2026. In a statement by Sheikh Hamad… Continue reading Vera Tower
