I think it's OK as an investment. I'm renting out my 1 bed apartment for 55,000 Dhs per year which is a good rate of return. You can buy now for around 60,000 Dhs and get close to 10% return which is not bad in today's climate.
It's got a long way to go to be a community yet, but presumably this will come - it's still a very new development. I believe there are 3 schools to be built, the parks will eventually come, the lake is being landscaped and eventually the small shops will be set up. Hopefully, the sewage smell and trucks problem will also be solved before too long.
I too see it as a hold - for about 5 years I think.
Good luck to all!
HB