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Lusail - A New city in Qatar.

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Lusail - A New city in Qatar.

Post  Althahf Habeeb on Mon Jul 19, 2010 12:11 am



The residential real estate market in Qatar shows potential for significant growth, driven in part by the expansion of the oil and gas industries. Indeed, demand is already outstripping supply in some areas. While part of this is immediate shortage will be met during the next few years, there will remain a real need for well-planned communities and neighborhoods. With respect to tourism, opportunities have improved in Qatar as a result of the provision of quality hotels and the growth of Qatar Airways. Tourism will be developed through the availability of a greater scope of leisure activities for visitors.

The strategic approach being adopted by the Qatar Government towards economic growth, infrastructure development and key public sector projects will support the stability of the real estate market over the long term, with a continuing demand for all types of property. This activity has in turn stimulated demand for additional office space and residential property, as well as commercial, retail, leisure and entertainment facilities.

As a result of the development boom in Qatar, consideration must be given to how any development can complement other development projects in the country. In the case of Lusail, its profile will be dominated by residential real estate in a high-quality environment enhanced by leisure amenities. Other components will include campus-style office space, golf courses, a mix of hotel accommodation and world-class entertainment districts, designed to appeal to a cross-section of markets.

The Lusail Real Estate Development Company has said that its iconic waterfront development, underway in Doha s north, will be bigger than Beirut when completed and accommodate close to half a million people.

"The future city of Qatar", as the chief executive officer Mohamed bin Ali al-Hedfa calls it, is also right "on schedule to meet the hopes and aspirations of the nation", Qatari English daily newspaper "Gulf Times" reported.

The area of Beirut is 19.8sqkm while the Lusail development will be spread over 35sqkm. The first phase of the multi-billion dollar project is expected to be completed in 2011.

"The population of 455,000 in Lusail will rival that of Luxembourg City which has a population of 491,000. Additionally, Lusail s waterfront of 28km will be seven times longer than that of Monaco which has a shoreline of only 4.1km," the company said in its first issue of Lusail Newsletter.

Among Lusail's population of 455,000 the development envisages, 200,000 will be residents living in its 25,000 residential units, 165,000 will work at different districts and 90,000 will be visitors to various entertainment and recreation facilities.

"Our vision and progress (for Lusail) have attracted attention all over the world. And so it should. After all, the future city of Lusail is where Qatar's imagination comes to life," The paper quoted al-Hedfa as saying.

With its 17 mixed-use districts, the city will boast its own Light Rail Transit (LRT) network "the most advanced in the Middle East". LRT will operate on four lines around 32 passenger stations, and beyond Lusail to the New Doha International Airport via the proposed Qatar Railway system.

"The preliminary design of the project has already been completed."
In addition to LRT, a Lusail highway and marina bridges, the city will have additional access points with the Al Khor Highway on the western boundaries and water taxis serving the districts on the eastern side.

Lusail City is the newest city in Qatar, located on the coast, in the northern part of the municipality of Umm Salal. The city will be located about 15 km north of the city centre of Doha, just north of the West Bay Lagoon, on over 35 km.

The site is bordered by the sea to the east, Al Khor expressway to the west, and extends approximately seven kilometres north of the Ritz Carlton Hotel.

Lusail is a new, vibrant and spacious master-planned urban development which will be home to a self-sustaining community, comprising residential, commercial, retail, hospitality, resort, and entertainment venues, including the Entertainment District.

Lusail will promote a family environment with open spaces. It will appeal to the discerning, sophisticated investor interested in freehold property opportunities, which will be enhanced by professional development and ongoing management to maintain the quality, design intent and aesthetics of the city.

It will become the destination of choice for Qatari people and international visitors to live, visit and invest in.[url=- Andy McDonough Friday, 07 August 2009 01 The residential real estate market in Qatar shows potential for significant growth, driven in part by the expansion of the oil and gas industries. Indeed, demand is already outstripping supply in some areas. While part of this is immediate shortage will be met during the next few years, there will remain a real need for well-planned communities and neighborhoods. With respect to tourism, opportunities have improved in Qatar as a result of the provision of quality hotels and the growth of Qatar Airways. Tourism will be developed through the availability of a greater scope of leisure activities for visitors. The strategic approach being adopted by the Qatar Government towards economic growth, infrastructure development and key public sector projects will support the stability of the real estate market over the long term, with a continuing demand for all types of property. This activity has in turn stimulated demand for additional office space and residential property, as well as commercial, retail, leisure and entertainment facilities. As a result of the development boom in Qatar, consideration must be given to how any development can complement other development projects in the country. In the case of Lusail, its profile will be dominated by residential real estate in a high-quality environment enhanced by leisure amenities. Other components will include campus-style office space, golf courses, a mix of hotel accommodation and world-class entertainment districts, designed to appeal to a cross-section of markets. The Lusail Real Estate Development Company has said that its iconic waterfront development, underway in Doha s north, will be bigger than Beirut when completed and accommodate close to half a million people. "The future city of Qatar", as the chief executive officer Mohamed bin Ali al-Hedfa calls it, is also right "on schedule to meet the hopes and aspirations of the nation", Qatari English daily newspaper "Gulf Times" reported. The area of Beirut is 19.8sqkm while the Lusail development will be spread over 35sqkm. The first phase of the multi-billion dollar project is expected to be completed in 2011. "The population of 455,000 in Lusail will rival that of Luxembourg City which has a population of 491,000. Additionally, Lusail s waterfront of 28km will be seven times longer than that of Monaco which has a shoreline of only 4.1km," the company said in its first issue of Lusail Newsletter. Among Lusail's population of 455,000 the development envisages, 200,000 will be residents living in its 25,000 residential units, 165,000 will work at different districts and 90,000 will be visitors to various entertainment and recreation facilities. "Our vision and progress (for Lusail) have attracted attention all over the world. And so it should. After all, the future city of Lusail is where Qatar's imagination comes to life," The paper quoted al-Hedfa as saying. With its 17 mixed-use districts, the city will boast its own Light Rail Transit (LRT) network "the most advanced in the Middle East". LRT will operate on four lines around 32 passenger stations, and beyond Lusail to the New Doha International Airport via the proposed Qatar Railway system. "The preliminary design of the project has already been completed." In addition to LRT, a Lusail highway and marina bridges, the city will have additional access points with the Al Khor Highway on the western boundaries and water taxis serving the districts on the eastern side. Lusail City is the newest city in Qatar, located on the coast, in the northern part of the municipality of Umm Salal. The city will be located about 15 km north of the city centre of Doha, just north of the West Bay Lagoon, on over 35 km. The site is bordered by the sea to the east, Al Khor expressway to the west, and extends approximately seven kilometres north of the Ritz Carlton Hotel. Lusail is a new, vibrant and spacious master-planned urban development which will be home to a self-sustaining community, comprising residential, commercial, retail, hospitality, resort, and entertainment venues, including the Entertainment District. Lusail will promote a family environment with open spaces. It will appeal to the discerning, sophisticated investor interested in freehold property opportunities, which will be enhanced by professional development and ongoing management to maintain the quality, design intent and aesthetics of the city. It will become the destination of choice for Qatari people and international visitors to live, visit and invest in.]- Andy McDonough Friday, 07 August 2009 01:45 The residential real estate market in Qatar shows potential for significant growth, driven in part by the expansion of the oil and gas industries. Indeed, demand is already outstripping supply in some areas. While part of this is immediate shortage will be met during the next few years, there will remain a real need for well-planned communities and neighborhoods. With respect to tourism, opportunities have improved in Qatar as a result of the provision of quality hotels and the growth of Qatar Airways. Tourism will be developed through the availability of a greater scope of leisure activities for visitors. The strategic approach being adopted by the Qatar Government towards economic growth, infrastructure development and key public sector projects will support the stability of the real estate market over the long term, with a continuing demand for all types of property. This activity has in turn stimulated demand for additional office space and residential property, as well as commercial, retail, leisure and entertainment facilities. As a result of the development boom in Qatar, consideration must be given to how any development can complement other development projects in the country. In the case of Lusail, its profile will be dominated by residential real estate in a high-quality environment enhanced by leisure amenities. Other components will include campus-style office space, golf courses, a mix of hotel accommodation and world-class entertainment districts, designed to appeal to a cross-section of markets. The Lusail Real Estate Development Company has said that its iconic waterfront development, underway in Doha s north, will be bigger than Beirut when completed and accommodate close to half a million people. "The future city of Qatar", as the chief executive officer Mohamed bin Ali al-Hedfa calls it, is also right "on schedule to meet the hopes and aspirations of the nation", Qatari English daily newspaper "Gulf Times" reported. The area of Beirut is 19.8sqkm while the Lusail development will be spread over 35sqkm. The first phase of the multi-billion dollar project is expected to be completed in 2011. "The population of 455,000 in Lusail will rival that of Luxembourg City which has a population of 491,000. Additionally, Lusail s waterfront of 28km will be seven times longer than that of Monaco which has a shoreline of only 4.1km," the company said in its first issue of Lusail Newsletter. Among Lusail's population of 455,000 the development envisages, 200,000 will be residents living in its 25,000 residential units, 165,000 will work at different districts and 90,000 will be visitors to various entertainment and recreation facilities. "Our vision and progress (for Lusail) have attracted attention all over the world. And so it should. After all, the future city of Lusail is where Qatar's imagination comes to life," The paper quoted al-Hedfa as saying. With its 17 mixed-use districts, the city will boast its own Light Rail Transit (LRT) network "the most advanced in the Middle East". LRT will operate on four lines around 32 passenger stations, and beyond Lusail to the New Doha International Airport via the proposed Qatar Railway system. "The preliminary design of the project has already been completed." In addition to LRT, a Lusail highway and marina bridges, the city will have additional access points with the Al Khor Highway on the western boundaries and water taxis serving the districts on the eastern side. Lusail City is the newest city in Qatar, located on the coast, in the northern part of the municipality of Umm Salal. The city will be located about 15 km north of the city centre of Doha, just north of the West Bay Lagoon, on over 35 km. The site is bordered by the sea to the east, Al Khor expressway to the west, and extends approximately seven kilometres north of the Ritz Carlton Hotel. Lusail is a new, vibrant and spacious master-planned urban development which will be home to a self-sustaining community, comprising residential, commercial, retail, hospitality, resort, and entertainment venues, including the Entertainment District. Lusail will promote a family environment with open spaces. It will appeal to the discerning, sophisticated investor interested in freehold property opportunities, which will be enhanced by professional development and ongoing management to maintain the quality, design intent and aesthetics of the city. It will become the destination of choice for Qatari people and international visitors to live, visit and invest in.


Last edited by Althahf Habeeb on Mon Jul 19, 2010 12:18 am; edited 1 time in total (Reason for editing : We got the project)

Althahf Habeeb

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