"BRETT SIEGEL IS ONE OF THE MOST KNOWLEDGEABLE PEOPLE IN MIDDLE EAST REAL ESTATE. I HIGHLY RECOMMEND READING UAE MEGA PROJECTS." Khizer Schon Husain, VP, Schon Properties, Dubai

Thursday, February 28, 2008

Lusail: Qatar's Biggest Mega Project!

Qatar, like the UAE and Bahrain is incredibly rich, has almost limitless potential and is building many fantastic Mega Projects. The largest Qatar Mega Project by far is Lusail, located in the North of Doha, and so huge it will be an entire city unto itself. Lusail is a mixed use residential-retail-leisure-business development that once complete, sometime in 2010, will house over 200,000 residents.

"We are creating a product and destination for people of all nationalities and cultures to enjoy and benefit from. Our goal is to create a master plan for the country. The whole development, by encouraging inbound investment and providing world class living and working environments, will stimulate the local economy. It has been a collaborative process and is a prime example of what can be achieved through effective partnerships across the private and public sectors," according Nasser Al Ansari, Chief Executive of state-run Qatari Diar Real Estate Company, developers of Lusail.

Lusail will contain 18 different districts. Note that as the project is being developed more districts may be added. Lusail is a work in progress and as such can change:

1.) Marina District. A mixed use residential and commercial area that will contain high end residences, a marina, retail shops, hotels and a mall,

2.) Entertainment City. The entertainment center of Lusail will contain themed attractions based on Las Vegas and Picadilly,

3.) Energy City. A business park devoted to the oil and gas industry,

4.) Energy City Residential. A residential development for Energy City,

5.) Foxhills. A primarily residential area designed to resemble San Francisco,

6.) Lusail Towers. Four huge towers that will be the focal point of Lusail,

7.) Natural Wadi. This will be a natural reserve and parkland area in Lusail,

8.) Qatar Petroleum Headquarters,

9.) Palm Alees. A residential area made up of apartments and villas,

10.) Lusail Boulevard. A street with ultra high end brand shops. All the chic brands will be here like Cartier, Ferrari, etc.,

11.) Northern Island. A very exclusive residential area that will contain spas, resorts and high end beach villas,

12.) Golf District. A 9 hole and 18 hole golf course, golf villas, recreation areas,

13.) Residential District. Another residential area that will consist primarily of villas,

14.) Three Islands District. A mixed use development made up of 3 islands containing apartments, hotels, restaurants, cafes, shops, etc.,

15.) Residential Waterfront. 39 Residential Towers with exclusive access to private beaches,

16.) Lusail Commercial Waterfront. This will be a waterfront leisure area offering restaurants and shops of all kinds,

17.) Entertainment Island. Another mixed use island development that will contain, hotels, residential and retail areas,

18.) Qatari Diar Visitor Center. A center that will offer complete information about this gigantic Mega Project.

As you can now see Lusail is a truly amazing Mega Project! It is on par with anything you will see being developed in the UAE. Lusail will be the "Icon Development" of Qatar and the investment capital is pouring in!

This link takes you to the Lusail website:

http://www.lusail.com/

This link takes you to Qatari Diar, developers of Lusail:

http://www.qataridiar.com/

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