Qatar Exchange Price
13:10 on 29 May 2017
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Property

Branches in this division are involved in retail, residential and commercial property management and development. This division comprises City Center Doha, Aamal Real Estate and Aamal ECE (Qatar German Mall Management (QGM)).

City Center Doha

Aamal has a 100% interest in City Center Doha.

City Center Doha is one of the leading retail and leisure destination in Qatar attracting over 70,000 visitors during holidays and peak times. City Center Doha is one of the largest shopping centers in Qatar, and is managed by Aamal – ECE JV (Qatar German Mall Management Company). City Center is undergoing phase two of redevelopment, in order to keep abreast of competition and cement its status as the country’s number one retail destination. The redevelopment aims to expand the leasable retail space also enhance overall operational efficiency levels once completed. With over 434 retail shops and kiosks, City Center Doha provides a wide variety of famous international, regional and local retail brands and services, spread across the five floors. City Center Doha also features a range of family oriented offerings: including a 14 screen cinema complex, a bowling alley and an ice rink, 38 restaurants and a family entertainment center. Visitors also have the chance to witness a range of spectacular functions, variety of shows, and seasonal events and activities targeting different age groups. In December 2015, Aamal announced the start of the second phase of the Doha City Center expansion and renovation project. This project aims to redistribute the leasable  space in specific sections of the mall, in order to raise and improve the operational efficiency of the mall when the project is completed.

AAMAL ECE (QATAR GERMAN MALL MANAGEMENT) W.L.L.

Aamal has 51% interest in Aamal E.C.E. (Qatar German Mall Management)

A partnership agreement between Aamal and ECE Projekt management was signed in 2015 to establish Aamal ECE W.L.L. The new company is specialized in property management of Shopping Centers and Consultancy offering its services in Qatar and MENA Region.  

Aamal Real Estate

Aamal has a 100% interest in Aamal Real Estate

Aamal Real Estate owns both residential and commercial properties located in prime locations in Doha in addition to the well-known Souq El Najma located in the centre of Doha City.

Souq El Najma  is considered the largest traditional market in Doha covering 52,958 square meters with 100% occupancy rate.

Aamal Real Estate continuously works towards enhancing its property portfolio offering the best standards of residential and commercial properties.