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Old November 30th, 2004, 07:13 AM   #1
Dubai-Lover
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Project: Lusail Development

Qatar plans second mega-project
Qatar expects to launch a second mega-project in Q2 next year to capitalise on the success of The Pearl-Qatar. Bechtel is producing a masterplan for the North Beach and Entertainment City over 32 sqkm with upscale residential homes, two golf courses and hotels.

POSTED BY QATARI DIAR:




1-Marina District:
102 plots launched in 25 DEc 2005. mixture between commercial, residential, mixed used, hotels and a mall.. hights varies between 18 to 40 stories. sold out in 1 week..

2- Entertainment City:
developedby Abu Dhabi investment house. non gated community with waterfront. concept combines themed areas similar to Las Vegas & Picadilly.

3-Energy City:
developed by Energy City Company. Busiess park focuses on the oil and gas companies and other companies that povides related services.

4-QP:
Qatar Petrolume Head Quarter

5-Natural Wadi, this is part of the natural contouring of the area, kept as is to be used as natural reservedcarea/park (all open space) and to be used as future drainage system in the future.

6-Foxhills:
Launched in April 2006, medium denisty area consist of 365 plots majority are esidential some are commercial. hights varies between 5 to 7 stories. provide a living environment simlar to San Fransisco and Chelsea. Sold out in 4 hours !!!

7-Lusial Towers:
4 iconic towers surrounding a square. will be a landmark for all Lusai. currently under design by Lord Norman Foster

8- Lusail Bulevard:
Hign end shopping street with big showroom on both sides,i.e. LV, Ferrari..etc

9-Energy City/Residential:
Residential area developed by Energy City Company

10-Lusail Commercial Waterfront:
pedistrian area with direct interaction with the sea. 2-3 stories buidlings combines of cafes, resturants, small local shops..etc

11-Palm Alees:
residential area, appartments and villas. Has not been launched yet.

12-Golf District:
2 golf cours, 18 holes each. Under negotiation with an international development company to buy/develop the whol area. will contain villas and activities buildings as well.

13-Residential District:
low density residential villas, has not been launched yet.

14-Residential waterfront:
launched 25 Feb 2007, 46 plots, 39 are residential towers with direct acess to sandy beaches the use of the beaches is execlusive to the residents of the area. hights varies between 20-25 stories. 4 plots are mixed use plots, 2 coercial and 1 beach club. all plots sold out in hours !!

15-Northen Island:
execlusive living arae will include resorts, spas and beach villas. ha not been launched yet

16-the 3 Isands: (that is not the correct naming)
more active island because of their location close to Entertinment city and commercial waterfront. mixed use area of residential appatments, commercial, hotels, cafes&resturants etc... not launched yet.

17-QatariDiar visitor center:
will be the first movers to Lusail within the coming 2 months.. i guess you have seen pictures of the places earlier..

18-Entertainment Island:
mixed use island, residential, commercial/retail, hotels and cafes&resturants.. in a discussion process wi one of the big developers..





i hope it is more clear to you now which is which in Lusail...
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Last edited by Halawala; March 2nd, 2007 at 08:10 AM.
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Old November 30th, 2004, 07:13 AM   #2
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unfortunately this is the only info
but definitely another massive project
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Old November 30th, 2004, 07:26 AM   #3
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that's a huge project. Let's wait and see what happens with this.
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Old November 30th, 2004, 09:36 AM   #4
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heard about this one before, ill post any details i get!!
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Old November 17th, 2005, 02:56 PM   #5
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U/C: Lusail Development

Qatari Diar to launch $5bn project
Posted: Thursday, November 17, 2005

Qatari Diar Real Estate Investment Company is to launch the $5 billion Lusail Development in the third week of next month.

Qatari Diar, capitalised at $ 1 billion, will be hugely significant in driving property development and investment opportunities in Qatar and the wider region.

This is the first of the company’s projects. Lusail Development will be one the largest and most innovative projects in Qatar in terms of total area, investment cost and philosophy,

The timing of the launch of Qatari Diar is significant and comes at a time when the property market in Qatar is experiencing a boom, with recent forecasts suggesting that investments worth billions of Qatari riyals will be channeled into this sector over the next few years.

As a master developer, Qatari Diar will provide interested local and foreign property developers with opportunities to invest in numerous projects in Qatar and the wider region.

In addition, Qatari Diar will provide interested investors with opportunities to invest in numerous financial and real-estate related companies.

Qatari Diar chief executive officer Nasser Hassan Al Ansari said the first phase of “Lusail” would start by the end of this year and that the project would aim to build an entire new expansion of Doha, complete with state-of-the-art buildings, services and facilities that will cover a total area of 35 km2 to eventually accommodate 150,000-200,000 people.

Diar Real Estate Investment is the region's most influential and innovative real estate investment company, announced today that the company

Qatari Diar, fully owned by Qatar’s High Supreme Council for Economic Affairs and Investment, will facilitate infrastructure and socio-economic development in the wake of Qatar’s phenomenal economic growth and will manage the creation and co-ordination of financially sound property development opportunities that will generate sustainable growth for years to come.

The company will re-define property investment across the region and around the world.

Built on the principles of sound economics and internationally recognised best practice, Qatari Diar will certainly create real estate propositions that will enhance and enrich the quality of life in every community it serves, generate investment opportunities for sustainable growth and, by aligning development with Qatar’s national strategy, further the economic development of the country and the region as a whole.

Founded to support Qatar’s rapidly expanding economy, and to provide structure and quality controls to the country’s real estate development priorities, Qatari Diar is uniquely positioned to both drive and add value to the booming property investment industry.

Nasser Hassan Al Ansari is confident that the company has all that is required to make it a pioneer in the real estate development in the region.

“Qatari Diar has significant advantages including the state-patronised sound investment climate,” said Al Ansari.

“Although Qatari Diar is owned by the state, it is structured on recognized, best-practice private sector principles that guarantee transparency and efficiency in all aspects of the business.

“In addition, the company is managed and staffed by recognized leaders in their fields who are qualified in every aspect of the design, planning, construction and management of real estate developments as well as training local staff,” Al Ansari said.

This combination of innovative thinking and effective muscle has already brought dividends.

In addition to furthering growth opportunities in Qatar, Qatari Diar is also actively seeking to generate investment opportunities across the region.

In recent months, Qatari Diar has announced two significant projects, the first of which is a $170million luxury tourist resort (230 hectares) on the Hawara Coast in Tangier including a five-star hotel with all supporting facilities, coastal chalets, exhibitions centre, golf club surrounded by state-of-the-art residential units, coastal sports-and-recreation club, restaurants and cafes, in addition to a souq for traditional and cultural handicrafts.

The second project is in collaboration with the Omani Government and aims to create an ideal eco-tourist destination (200 hectares) in Sur County’s Ras Al Had.

Wholly owned by Qatar’s High Supreme Council for Economic Affairs and Investment, Qatari Diar was incorporated in December 2004 to support Qatar’s growing economy and to co-ordinate the country’s real estate development priorities.

Qatari Diar is a government-backed real estate investment company responsible for creating and coordinating financially sound property development opportunities that will generate sustainable and tangible socio-economic benefits.

Qatari Diar’s vision is to become the region’s most trusted and effective real estate investment company by focusing its value proposition on the creation of quality, well-planned and desirable developments.

In the coming months, Qatari Diar will provide interested local and foreign property developers with opportunities to invest in numerous projects in Qatar and the wider region.
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Old November 17th, 2005, 02:57 PM   #6
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along with the article came this render!!!

looks promising!

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Old November 17th, 2005, 04:55 PM   #7
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OMG 150,000-200,000 people.!!
Qatar's population is around 800.000….!
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Old November 17th, 2005, 05:24 PM   #8
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wow 35 square kilometres is huge!!

Lusail development project, which covers an area of about 35 square kilometres, north of the Al-Qutaifiya lagoon, in Doha.

The site is bounded by the sea to the east, the Ritz Carlton to the south, and the Al-Khor expressway.

So this should be the site if i'm not wrong.

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Old November 17th, 2005, 09:02 PM   #9
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What is''Lusail'' is it an Arabic name or waa?
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Old November 18th, 2005, 11:46 AM   #10
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pictures please
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Old November 19th, 2005, 11:40 PM   #11
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Quote:
Originally Posted by Moody
What is''Lusail'' is it an Arabic name or waa?

Any Qatari interested in answering my question, i'll pay USD 100.00 for the first correct answer...!!!!
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Old November 20th, 2005, 07:30 AM   #12
Halawala
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Losail-- I think is originally spelled in Arabic as "Al Waseel," but pronounced Losail. Over the years Losail became by that name. Hope thats right

PS, can someone tell me how to post pictures which are from a file on the computer, not from a URL. Thanks!!!
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Old November 20th, 2005, 12:52 PM   #13
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Halawala, you can use the following link to upload your pictures and then you just copy the URL here...Hope that helps!

www.imageshack.us
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Old November 20th, 2005, 07:08 PM   #14
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Thanks Halwa!!!
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Old November 20th, 2005, 09:48 PM   #15
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Losail is one of the oldest, infact the only acient city in qatar. If im not mistaken there is a grave yard there that dates way way back and many believe it is home to a very old city or something.

Ive heard of this project and its the new buzz everyone in doha is talking about. It is going to be huge and from now many real estaters and land owners are worried this project will eventually cause prices of homes and lands to go down.

I always thought it would be nice for this area to be developed becuase its right next to doha and not so far from the north where all the gas industry is. So it makes good sense to develop it into a residentail area.

However im not sure about 200,000 ppl. Maybe gradually it might hit that number.

We are yet to see and hear more of this project. Keep u guys posted.

Oh the word on the street is this new company Al-dar, which has real major ppl sitting on its board is going to be the next emaar.
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Old November 21st, 2005, 11:59 AM   #16
Halawala
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thanks meena i will try to post pictures
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Old November 22nd, 2005, 04:11 PM   #17
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Amazing project!
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Old November 27th, 2005, 07:21 AM   #18
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Promising Project

Nice project. But, could anyone post some pics plz to have an idea of how is it gonna look like after they finish building it.
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Old December 3rd, 2005, 03:54 PM   #19
Qatar4Ever
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Trust me no point in looking at pics coz the final thing will probably look completely different.
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Old December 3rd, 2005, 07:12 PM   #20
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lool

loool not always really. Unlike in Saudi, in Qatar when they build something they usually get it right and they even do a nice job grace a the foreign companies.
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