Msheireb Properties (MP), the leading real estate development company in Qatar, has completed 88 percent works for the world’s first sustainable downtown regeneration project. “The whole project is being done in phases and it will be completed by 2020,” The peninsula Qatar reported.

Some areas of the Msheireb Downtown Doha(MDD) project have already been operational including Msheireb mosque, Qatar Academy – Msheireb (school), Msheireb prayer ground, Emiri Diwan and the acclaimed Msheireb Museums.

Mr. Ali Al-Kuwari, Acting CEO of Msheireb Properties, said: “2018 is the year of activation for Msheireb Downtown Doha."

Al-Kuwari continued: “The residential and commercial buildings, retail outlets and restaurants, hotels, the tram and other facilities are just getting the finishing touches to be ready to welcome our new tenants and visitors. We are proud to say we are accomplishing our goals and are on schedule for Msheireb Downtown Doha. Upon completion, the city will redefine the style of living and working in Qatar and indeed, the region. Now the local and international community will be able to see first-hand our pioneering smart city initiatives set in MDD’s sustainable urban development.”

Msheireb Downtown Doha Key features:

Msheireb Downtown Doha brings Doha’s old centre back to you, its mixing elements of traditional heritage with the latest smart city technology provides a unique experience to those that live in, work and visit MDD, reviving the historical commercial heart of Doha in line with Qatar’s 2030 National Vision.

Upon completion of this project, it will offer its residents unparalleled views across the water to the West Bay with a mix of 1-4-bedroom apartments, featuring state-of-the-art smart home technology, in Qatar’s most upcoming desirable neighbourhood.

The key features of this project include:

• 100 mixed-use buildings
• 800 residential units
• More than 300 retail units
• 17 commercial buildings
• Four hotels, a school
• Three mosques
• Msheireb Museums
• The Galleria Mall and many other buildings.

Details of the project:

• Project Cost: Approximately QAR20 billion (US$5.5 billion)
• Land Area: 31-hectares (310,000 square metres)
• Project Name: Msheireb means ‘a place to drink water’ in Arabic
• Project Timetable: Construction commenced in 2010, construction completion scheduled in phases
• Parking Spaces: 10,000+
• Total Buildings: 100+
• Building Height Range: 3 to 30 storeys
• LEED Rating: Entire development is targeting LEED Gold minimum, with several buildings targeting LEED Platinum

Leasing opportunity:

Msheireb Properties has recently announced that residential, commercial, and retail leasing opportunities are available to discover now. With a variety of residential, retail and commercial options available within MDD. They are also looking for investment opportunities to attract retailers and companies. The company provides public with leasing and sales options that best suit the most luxurious fashion brands, cafes, restaurants and recreations that include kids zone, mall, amongst others.

Location:

Msheireb Downtown Doha is strategically located in the heart of Doha, the ambitious and thriving capital city of Qatar – only minutes away from the Hamad International Airport and midway between two key routes into the city. Msheireb Downtown Doha defines a city in transformation.

(Photo credits: Msheireb Properties)

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Khadiza Begum

Content Writer

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