The Story of the Future
The Story of the Future
Progressing Through Heritage
The Lusail development is located to the north of the Lusail settlement, a historical cultural beacon that includes the ‘Founder’s Fort’, which served as the Centre of Governance by the Founder of the State of Qatar, Sheikh Jassem bin Mohammed Al Thani, in the early 1900s.
Rooted in authentic Qatari heritage and cultural values, the name “Lusail” was derived from that of one of Qatar’s rarest flowers; an emblem of the city’s uniqueness, and of the seamless fusion between Doha’s heritage and contemporary transformation.
The driving force behind the city of the future, Qatari Diar Real Estate Investment Company (Qatari Diar) was established in 2005 by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar. It was entrusted with a landmark remit to coordinate Qatar’s real estate developments, in line with national interests and economic priorities. Today, Qatari Diar boasts a capitalised value of over USD 1 billion, with 60 investment projects under development or held in 24 countries around the world, combining a value of over US$35 billion.