About the company
Qatari Diar Real Estate Company was established in 2005 by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar. Its headquarters are located northeast of the capital Doha on the Arabian Gulf coast, and Qatari Diar was entrusted with supporting the growing Qatari economy and coordinating the country's real estate development priorities.
The company's first project, Lusail City, was launched in December of that year, and the company's inaugural project, Lusail City, quickly gained high praise for its innovative approach to real estate. This progressive, self-contained city is the largest single real estate development project being implemented in the State of Qatar, and although it is still under construction, Lusail already signifies Qatar's progress on a broad scale and reflects the vision and quality that have become synonymous with Qatari Diar. Lusail Real Estate Development Company was established in September 2008, dedicating its efforts to the development and construction of the visionary Lusail City project and its ongoing operations.
In November 2009, Qatari Diar achieved another significant milestone in its history with the establishment of Qatari Diar Real Estate Development Company. This company was created to realize Qatar's vision of developing the extensive national railway network in Qatar, the first integrated railway system in the region.
