Qatari Diar, a premier real estate company, has entered into a partnership with Qatar National Bank (QNB) Group to provide land loans to the buyers of Huzoom Lusail project.
The MoU was signed by Eng. Fahad Abdullatif Al Jahrami, Chief Development and Asset Management Officer at Qatari Diar, and Adel Ali Al Malki, Senior Vice President at QNB Group Retail Banking Division.
The partnership aims to offer investors and buyers with flexible financing solutions to acquire plots at one of the most ambitious projects in Lusail City, fostering partnership between Qatar’s financial and real estate sectors as well as enhancing the urban renaissance projects.
The agreement is expected to enhance Qatar’s real estate market and pave the way for further joint initiatives to cater to the needs of customers.
Al Jahrami stated that the Qatari Diar consistently strives to offer groundbreaking solutions, providing investors with distinctive opportunities to acquire land in one of the most promising locations in the country, driving the growth of real estate sector in Qatar.
Al Malki added that the partnership aligns with QNB’s strategy to provide innovative financing solutions that cater to the needs of customers and enhance their real estate investments.
Huzoom Lusail, one of Lusail City’s significant real estate projects, is an ambitious project that reflects the goals of Qatar National Vision 2030. The project strives to drive growth in national economy and boost investments in infrastructure and urban development.
The project is strategically located in the north of Lusail City, Qatar’s largest sustainable city, and it represents a symbol of the nation’s rapid urban development.
