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Taameer Properties announced the signing of an acquisition agreement with Qetaifan Projects, the developer of Qetaifan Island North, to develop a series of distinguished real estate projects, further strengthening its presence in Qatar’s luxury real estate sector. The agreement was officially signed in the presence of His Excellency Sheikh Nasser bin Abdulrahman Al Thani, Chairman and Managing Director of Qetaifan Projects, and Mr. Mohamed Hussein Al-Ali, Chairman of Taameer Properties.
As part of this collaboration, Taameer has acquired seven prime seafront and inland plots on Qetaifan Island North, where luxury residential projects, hotel-serviced apartments with international brands, as well as upscale hospitality and residential developments will be built, redefining the concept of luxury living in Qatar.
Following the signing of the agreement, Taameer unveiled its first project on Qetaifan Island North, Carlton House, a luxurious residential development overlooking the island’s western waterfront, designed to be a new benchmark for seaside living with direct sea views in Qatar. Carlton House is considered one of the prestigious addresses in Lusail City, combining architectural elegance with stunning sea views, along with a distinguished selection of 316 luxury residential units and 14 retail shops, offering a sophisticated lifestyle infused with elegance and luxury. One of its key features is a waterfront promenade with various restaurants and cafes.
On this occasion, His Excellency Sheikh Nasser bin Abdulrahman Al Thani, Chairman and Managing Director of Qetaifan Projects, stated: “The signing of today’s agreement marks an important step in realizing our vision to develop projects that combine luxury and innovation, which contributes to establishing Qetaifan Island North as a premier tourist and entertainment destination that reflects excellence in every detail.” His Excellency added, “Today, a new local developer joins the ranks of success, and we are pleased with the confidence that investors have shown in the Qetaifan Island North project in particular, and in the real estate development market in the country in general, due to the promising investment opportunities and options available in this sector, which reflect the nation’s ambition to advance this sector alongside others such as tourism, hospitality, and entertainment.”
For his part, Mr. Mohamed Hussein Al-Ali, Chairman of Taameer Properties, said:
“Our collaboration with Qetaifan Projects is a milestone in our vision to develop distinguished investment projects in the most prestigious locations in Qatar. Through our acquisition of prime seafront land, we ensure that Taameer continues to set new standards in the luxury real estate market while meeting the needs of the elite residents and investors.”
The residential units range from stylish studios to spacious three-bedroom apartments, with each unit carefully designed to provide easy access to the island’s vibrant facilities, including shopping centers and entertainment venues.
The Carlton House project elevates waterfront living standards with a range of world-class amenities, including:
- A scenic walkway amidst breathtaking landscapes that enhances the serene living experience, featuring several restaurants and cafes.
- 316 upscale residential units and 14 luxurious retail spaces.
- An outdoor gym and running track for an active lifestyle.
- A spa and Pilates room for complete relaxation.
- A resort-style pool deck with cabanas for relaxation.
- Elegant dining restaurants offering exceptional culinary experiences.
- A cinema room and a kids’ play area for entertainment.
- A multipurpose event space for social gatherings.
Carlton House, project is a true embodiment of Taameer’s commitment to excellence. It seamlessly blends contemporary design with practical luxury, ensuring a unique and exceptional living experience.
This agreement with Qetaifan Projects marks a pivotal step in Taameer’s expansion strategy, reaffirming its commitment to developing world-class investment projects in the most prestigious locations in Qatar. Through the development of innovative future projects on the island, Taameer solidifies its role in shaping the future of luxury real estate.
Mr. Ali Hussein Al-Ali, Chief Trading Officer at Taameer Properties, stated:
Carlton House is more than just a residential project. Through this project, we have collaborated with Qetaifan Projects to continue raising the standards of luxury real estate in Qatar, offering our residents an unparalleled coastal lifestyle that combines world-class amenities with refined architectural design. This collaboration is with one of the most distinguished destinations in Qatar.”
Taameer has an impressive track record in delivering prominent projects. It has successfully launched several high-end real estate projects such as “Skala,” “La Mer,” “Seef Waterfront,” “Al Orjwan,” and many others. Recently, it also introduced the “Taameer Business Park” project, a premium commercial office development in Lusail, reflecting its commitment to redefining the standards of luxury in both the residential and commercial sectors in Qatar.