Al Forsan Real Estate (AFRE), the property arm of Al Forsan Holding, announced the leasing of its fully-furnished employee accommodation facility within its Al Forsan International Sports Resort.
Under the new business stream, the company will lease 172 units, comprising eight two-bedroom villas, six four-bedroom villas, and 158 single-and double-bed studio units.
Rashed Al Qubaisi, general manager of Al Forsan Holding, said: We have developed several projects in the past in the residential, recreational, and hospitality sector. We now wanted to focus on creating a product that was a
necessity for several organisations operating within the capital. Staff from several schools, hospitals, other public and private organisations are looking for quality accommodation, and that prompted us to launch this project in the heart of Abu Dhabi.
The pricing for the staff accommodation is designed in a manner that it is affordable for a majority of organisations in the capital. Qubaisib added: With employees living in several locations, the companies will have to bear a
higher cost as they have to spend on transport in addition to losing precious productivity time. Furthermore, they will have difficulty in negotiating corporate rates with several landlords and building owners. Leasing at bulk in one
location offers them better corporate leasing rates, while promoting staff unity and productivity.
Due to the location of the staff accommodation which is within the Al Forsan International Sports Resort, residents will have the opportunity to avail these facilities at a corporate membership rate.
Al Forsan Village, located within Khalifa City area of Abu Dhabi, includes 440 units of one- to four-bedroom apartments spread across 241,985sqm. Spread across 15,000sqm, Al Forsan Village Town Square, the retail and leisure destination embedded within the project, is also home to several community-focused brands. Most of the renowned retail stores such as Spinneys, Holland & Barrett, Tilia Flowers, illy café, Just Kidding, Street9 Café, Cheeky Monkeys, Coffee Club, Champion Cleaners, Oregano Café, Physiomins among several others are already operational. The retail community has close to 17 stores to address the needs of the residents.