Qatari Diar has signed a preliminary agreement to develop 42 residential units for the US embassy staff in the Tajik capital, Dushanbe.
Under the agreement, Qatari Diar Company is to prepare plans and engineering designs for the residential units. The development and construction agreement is expected to be concluded later on a lease to own basis, where the US embassy will lease these units for five years and then transfer ownership to them.
From the Qatari side, the signing ceremony was attended by Qatar's ambassador to Tajikistan Ibrahim bin Mohamed al-Abdullah and Qatari Diar's Chief Project Delivery Officer for Asia and Africa Dr Abdulla Yaqoub al-Sayed. From the US side, the ceremony was attended by US ambassador to Tajikistan John Mark Pommersheim and several members of the US government involved in the project.
CEO of Qatari Diar Eng Abdullah bin Hamad al-Attiyah said the signing of the agreement is an extension of the success of the Dushanbe project in the Tajik capital. He thanked the US for selecting Qatar Diar and Diar Dushanbe to develop the embassy staff quarters, "which confirms the comparative advantage of the project and the status of the company as a US accredited partner."
The US ambassador said he is delighted to start the first steps of the project. He also said he was excited to work with Qatari Diar, which will provide the embassy staff with accommodation of international standards and high quality.
Several US government representatives also expressed their desire to work with Qatari Diar as a strategic partner in other countries.
Diar Dushanbe is a unique development in Central Asia, situated just 5km from the Tajikistan International Airport.
Overlooking the tranquil waters of Lake Javonon, Diar Dushanbe comprises all the essential elements of residential luxury and modernity. Diar Dushanbe is the first mixed-use development in Tajikistan. It includes five residential buildings, three office buildings and retail, 65 keys boutique hotel and 80 serviced apartments.
The design of Diar Dushanbe provides a luxurious traditional feel combined with the highest specification in contemporary living. Also, its advanced technological solutions are environment-friendly and promote energy conservation, safety and security systems, including earthquake resistance technology. The development won a five-star accolade at the Asia Pacific Property Awards as the top mixed-use development project. It was once again recognised in 2014 and presented the "Highly-Commended Best Architecture" award.
Qatari Diar Real Estate Company was established in 2005 by the Qatar Investment Authority, the sovereign wealth fund of Qatar.
The company's flagship project, Lusail City, was launched in December 2005 and quickly went on to gain tremendous praise for its innovative approach to real estate. The progressive self-contained city is the largest single development to be undertaken in Qatar.
Today, Qatari Diar has established itself as one of the world's most trusted and respected real estate companies because of its commitment to quality, local community, partnership, and sustainability.
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