A computer generated image of The Seef.
Doha: Lusail City’s much anticipated The Seef, a high-profile district offering 600,000sqm of mixed-use development, has announced that its investment opportunities and residential units are now open for Qatari and foreign investors.
The location offers an attractive investment opportunity, situated at the heart of Lusail waterfront, and within proximity to many of the city’s landmarks including the Lusail Stadium which is at the front and centre of the upcoming 2022 FIFA World Cup.
The Lusail waterfront offers a slew of entertainment, retail, food and beverage options, set to feature the Parisian themed up-and-coming Place Vendome in addition to the Marina Promenade, a popular outdoor destination for residents and visitors.
Qatari Diar is currently developing nine unique and exceptional residential towers in terms of design and facilities. The project also offers freehold ownership for the luxurious residential apartments and leasing opportunities for community retail outlets, in addition to residency for Non -Qatari Investors as per Cabinet Resolution No. 28 of 2020.
Qatari Diar invites the public to explore the numerous investment opportunities at The Seef, which offers investors a luxury waterfront development, extending over a plot area around 520,000sqm of land. The mixed-use building area comprises of 600,000sqm of commercial, office, retail, hotel, residential, as well as entertainment, dining and cultural destinations and outlets, stretching along its 2.3-kilometre waterfront promenade.
Commenting on the announcement, Yousef Al Musleh, Chief Development and Asset Management Officer, said: “Lusail is ripe as an investment opportunity for local and foreign investors. The areas comprising the heart of Lusail are set to be the centre of business and commerce in the future. As an attractive location that offers residents, visitors, and business owners ease of access, connectivity and convenience built on sustainability, all locked in Qatar’s premier smart city.
“We welcome investors to explore the residential, business, and commercial areas in Lusail and reap the benefits of its vibrant culture, environmentally friendly structures and futurist design. Lusail is a hub for business activity now and in the future, promising an attractive return on investment,” he added.
The heart of Lusail City is meticulously designed for pedestrian street shopping and al fresco dining, facilitating intra-mobility through its connection to Lusail’s underground car parking and a range of public transportation systems making it attractive for commercial purposes.
Lusail is a visionary development in Qatar, master planned by Qatari Diar Real Estate Development Company. The Lusail project is one of the largest and most elaborate developments being undertaken around the world, over a substantial area of 38 square kilometres where an estimated 450,000 people are expected to live, work, and visit regularly. It encompasses not only new residential, commercial, and retail opportunities, but a full array of community needs, complete with schools, medical facilities, entertainment, and shopping centres.
