CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Taameer and Qetaifan Projects sign acquisition agreement for 7 plots on Qetaifan Island North

Published: 27 Feb 2025 - 11:32 am | Last Updated: 27 Feb 2025 - 11:33 am
Chairman and Managing Director of Qetaifan Projects, Sheikh Nasser bin Abdulrahman Al Thani, and Chairman of Taameer Properties, Mohammed Al Ali.

Chairman and Managing Director of Qetaifan Projects, Sheikh Nasser bin Abdulrahman Al Thani, and Chairman of Taameer Properties, Mohammed Al Ali.

The Peninsula

Doha, Qatar: 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 Sheikh Nasser bin Abdulrahman Al Thani, Chairman and Managing Director of Qetaifan Projects, and Mohammed 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.

On this occasion, 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.”

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.”