This Is Qatar - JMJ Group Holding Unveils New Luxury Waterfront Tower at the prestigious Lusail Waterfront
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JMJ Group Holding Unveils New Luxury Waterfront Tower at the prestigious Lusail Waterfront

JMJ Waterfront Residences to Redefine Luxury Water

Elisabeta Kadrija, Nov 01, 2023

JMJ Group Holding, Qatar’s visionary real estate leader, has unveiled details of the 29-storey JMJ Waterfront Residences today at Cityscape Qatar, the country’s leading real estate event. JMJ Waterfront Residences is a new luxurious waterfront tower built in the Lusail Waterfront District.

“This ground-breaking development will reflect the JMJ Group Holding’s heritage of 14 years of delivering excellence,” commented Eng. Nasser Al Ansari, JMJ Group Holding President. “JMJ Waterfront Residences will be a testament to Qatar's and JMJ Group Holding’s commitment to innovation and progress, emphasizing a harmonious balance between urban convenience and natural beauty.”

 

JMJ Waterfront Residences, which will comprise 172 one and two-bedroomed apartments and chalets, has been designed as an opulent, amenity-rich waterfront residence that provides the ultimate luxury lifestyle with breathtaking sea and city views.

 

“Our decision to develop this luxury waterfront residential tower in Lusail City's Waterfront district reflects the JMJ Group Holding's strategic vision of delivering Tomorrow’s Luxury Today, with developments which are benchmarks for sustainability and luxury,” explained Al Ansari.

 

“This exclusive coastal area within Lusail City offers stunning sea views, delivering an unparalleled living experience and a sense of exclusivity. Residents within this luxury development will enjoy access to amenities, entertainment, and a vibrant, modern community in the making.”

 

The tower’s residents will benefit from top-tier amenities, including a wellness centre, a signature restaurant, an ocean-view infinity pool, 24/7 concierge and valet services and a rooftop lounge for starlit gatherings.

“Our floor plans are not just spaces; they are artistic expressions of our vision for the ultimate in waterfront living,” commented Naveed Dowlatshahi, Group CEO of JMJ Group Holding. “We intend JMJ Waterfront Residences to be an enduring symbol of opulence.”

In a significant departure from JMJ Group Holding’s previous real estate developments, which span a portfolio of more than 11 delivered projects, including Floresta Gardens on The Pearl Qatar, and the Marina Twin Towers within Lusail Marina, apartments in JMJ Waterfront Residences will be offered for sale.

 

“The sale option provides a compelling opportunity for investors to own a primary or second home where waterfront properties historically deliver above-average growth returns,” commented Dowlatshahi. “Globally, there is now a trend towards waterfront living as buyers prioritise the benefits of stellar views, fresh air and wellness as an escape from more hectic urban lifestyles.”

 

The prestigious JMJ Waterfront Residences sale has been entrusted locally to Just Real Estate, a top-tier Qatari real estate agency known for its deep understanding of the local market and unmatched commitment to client satisfaction. At the same time, JMJ Group Holding has partnered with internationally recognised brokers Knight Frank for regional and international sales.

 

Work on the multi-million-riyal JMJ Waterfront Residences is underway, with completion scheduled for the 1st quarter of 2025.  During Cityscape, JMJ Group Holding is arranging complimentary direct tours to the development site where interested buyers can gain a first-hand perspective on this ground-breaking project. Organised tours will take place from 12:00 PM to 10:00 PM.

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