Qatari Diar Real Estate Company was established in 2005 by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar. Headquartered northeast of Qatar’s capital in Doha on the coast of the Arabian Gulf, Qatari Diar was entrusted to support the country’s growing economy and to coordinate the national real estate development priorities.
The company’s flagship project, Lusail City, was launched in December 2005 and quickly went on to gain tremendous praise for its innovative approach to real estate. The progressive self-contained city is the largest single development to be undertaken in the State of Qatar and although it is currently under construction, Lusail already signifies Qatar’s progress on a grand scale, reflecting the vision and quality that have become synonymous with Qatari Diar.
Parallel to its significant real estate developments within Qatar, the Company has been committed since the beginning to bringing its vision to life, one for real estate that improves the quality of life and contributes to the community and onto the international stage. Today, Qatari Diar has established itself as one of the world’s most trusted and respected real estate companies because of its commitment to quality, local community, partnership, and sustainability.
As of Year 2020, Qatari Diar has a shared capital of USD 8 billion, With 50 investment projects under development held in 22 countries around the world, combining an investment value of around USD 35 billion.