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Major Real Estate Projects in the State of Qatar

10 Nov, 2021
Topic: Business and Finance, Housing
Intended Audience
Visitor: Student, Tourist, Business Owner
Citizen: Parent, Business Owner, Employee
Resident: Parent, Employee

Major Real Estate Projects in the State of Qatar

Thanks to a thriving economy, an emergent tourism industry and budding property values, the State of Qatar is continuing to carry out new constructions and world-class building projects. Qatar's real estate market is valued at above US$5billion and is expected to grow exponentially over the next few years.

Msheireb Downtown Doha Project 

Msheireb Downtown Doha project is strategically located in the heart of Doha, the ambitious and thriving capital city of the State of Qatar, and it is one of the symbols of its prosperity. Msheireb Downtown Doha is distinguished by having only minutes away from Hamad International Airport and midway between two key routes into the Qatari capital. Thus, this establishes a direct link among the outskirts of the city witnessing permanent transformations. To the northwest of Msheireb is the picturesque Corniche, which leads to the new iconic skyline of West Bay's commercial towers, and to its east, the financial district across Grand Hamad Street.

Among the other features of Msheireb location is its adjacency to the area of the Amiri Diwan, which is regarded as a decision-making center of the Qatari Government, and Souk Waqif, which is regarded as among the best tourist destinations for shoppers and tourists in Doha.

Msheireb Downtown Doha represents an excellent example embracing the spirit of innovation that the State of Qatar seeks to achieve. The State of Qatar also seeks to achieve a higher goal that is to promote lifestyle and ensure the continuing development of Qatari heritage and culture to keep pace with the growth the country is witnessing.  

The master plan of Msheireb Downtown Doha is in line with general perspectives that the State of Qatar seeks to reach, as contained in Qatar National Vision 2030. Under this aspiring vision launched by the Qatari leadership, Qatar is making great strides toward the future, since it seeks to become a state capable of achieving a sustainable growth and achieving high living standards for the current generations and generations to come.   

Lusail City

Lusail City is regarded as the most massive project launched by Qatari Diar Real Estate Company since this project is more than a merely real estate project; rather it is a city with a comprehensive plan. Moreover, it reflects the extent of progress made by the State of Qatar on a large scale. 

Imagine living where you play, shop where you sightsee and swim where you can buy your groceries. This is the one life of 200,000 future residents on the oceanfront city of Lusail. The city provides residential, commercial and entertainment areas and natural open spaces, which are in line with a unique Islamic design that embodies this architectural vision of the feat.

It is the future city since it houses a light rail network (LRT), a water taxi transportation system, and a cycle and pedestrian network. 

Pearl – Qatar

The Pearl offshore man-made island is one of the largest construction projects in the State of Qatar and the island is striking for it accommodates 40,000 residents, on 400 hectares of reclaimed land. The Pearl features a Riviera-style boardwalk surrounding one of three planned marinas.

Al Wa'ab City

This city that is deeply-rooted in Arabic heritage and family-oriented values promises to offer high-level of integrated community living. Al Wa'ab City is marked by having comfort, a good life, calmness and warmness, thus making the city the best place for prosperity and growth to build a warm family life and strengthen family bonds. 

Barwa Al Khor

Located in 57 kilometers north of Doha, Barwa Al Khor is expected to be the heart of Qatar, and Barwa Al Khor will emerge from its coastline as though part of the terrain. Villas, houses and offices are among amenities provided by this dreamy city, and this city includes a clinic, library and mosque.