L'Horizon by Elie Saab Doha

L’Horizon, developed by Dar Global—a London-listed firm managing USD 5.9 billion in projects across six countries—stands as a low-rise waterfront development on Qetaifan Island North, Doha’s emerging leisure destination. Valued at QAR 1.5 billion (USD 412 million), the project, launched in Q3 2023, includes 300 residences and supports Qatar National Vision 2030’s focus on sustainable growth, per Dar Global’s 2025 Q1 report. Construction began in Q1 2024, with completion set for Q4 2027, leveraging Dar Global’s delivery of 5,400 units with a 98% on-time record since 2017. Located 3 km from Lusail Stadium, L’Horizon benefits from Qatar’s USD 200 billion economic diversification plan, including USD 10 billion for Lusail City’s expansion, per Qatar Ministry of Commerce and Industry 2025. Freehold-like ownership, legal for non-Qataris in designated areas since 2018, has enabled 10,000+ foreign-owned properties in Qatar by 2024, grounding L’Horizon in a maturing market. Its coastal setting enhances Qetaifan’s 1.3 million sqm masterplan, featuring a waterpark and retail hubs.

Residence Specifications

The 300 residences, spanning 80 to 400 square metres, offer 1-bedroom apartments (80–120 sqm), 2-bedroom units (140–180 sqm), 3-bedroom apartments (220–280 sqm), and 4-bedroom villas (320–400 sqm) with private pools. Interiors, designed by Dar Global’s in-house team, feature minimalist aesthetics with oak flooring, quartz accents, and neutral palettes. Kitchens include Siemens appliances like smart ovens and dishwashers, paired with granite countertops. Bathrooms have marble vanities, rainfall showers, and soaking tubs, while smart home systems manage lighting, climate, and security via mobile apps, tied to Doha’s 5G network, per Qatar Communications Regulatory Authority 2025. Floor-to-ceiling windows showcase Arabian Gulf or Lusail skyline views, with villas offering 25-square-metre terraces and apartments featuring 15-square-metre balconies. Villas include 50-metre private beach access for exclusivity. Waterfront properties yield a 15-30% price premium, selling 75% faster than inland units, per CBRE 2025, boosting resale potential.

Amenities

L’Horizon’s amenities elevate coastal luxury with a focus on leisure and wellness. A 1,500-square-metre private beach club provides direct Gulf access, with cabanas for 60 guests and a 25-metre infinity pool. A 1,000-square-metre wellness centre features Life Fitness equipment, two yoga studios, and a spa with eight treatment suites. Social spaces cover 800 square metres, including a residents’ lounge, library, and co-working hub for 25, catering to professionals. Entertainment options include a 400-square-metre outdoor cinema seating 50 and a multipurpose hall for 80. Dining venues feature a beachfront café seating 60 and a rooftop bar, designed for sophistication. Outdoor areas span 2 hectares, with a 1.5 km promenade, landscaped gardens, and a kids’ splash zone, aligning with 80% of Qatar buyers valuing family amenities, per JLL 2024. Security includes 24/7 AI-enhanced cameras and concierge services, matching Dar Global’s 92% satisfaction rate across projects.

Community Benefits

Qetaifan Island North, a 1.3 million sqm masterplan, offers a blend of leisure and connectivity, with L’Horizon 3 km from Lusail Stadium and 5 km from The Pearl’s 4 million sqm retail hub, attracting 2 million visitors yearly. The island hosts a linear waterpark, retail promenade, and 5-star hotels, drawing 1 million tourists annually, per Qatar Tourism Authority 2024. Education options include Doha British School, 7 km away with 1,800+ students, and Qatar Academy Al Khor, 10 km away. Healthcare is accessible at Aspetar Orthopaedic Hospital, 8 km away with 300+ beds, per Qatar Ministry of Health 2025. Lusail Boulevard, 4 km away, provides 100+ dining and retail outlets, while West Bay’s beaches, 6 km away, enhance recreation. Qetaifan’s planned metro link, 2 km away, will connect to Doha’s city centre in 15 minutes by 2027, per Qatar Rail 2025. The island’s 85% projected occupancy reflects strong demand, fueled by Doha’s 9 million tourists in 2024, up 10%.

Ownership Advantages

L’Horizon delivers robust financial and residency benefits. Freehold-like ownership, legal for non-Qataris in 25 designated areas since 2018, has facilitated 10,000+ foreign-owned properties, per Qatar Ministry of Commerce and Industry 2025. Investments of QAR 7,280,000 qualify for a 10-year investor residency, with 5,000+ issued in Lusail and Qetaifan by 2024, covering families, per Qatar Immigration Authority 2025. Qatar’s tax structure eliminates personal income tax, capital gains tax, and property tax, saving investors 20-30% compared to markets like London, per Qatar Financial Centre 2025. Payment plans offer a 70/30 structure—20% down (QAR 440,000), 50% over 36 months at 1.4% monthly, and 30% on handover—reducing upfront costs by 12%, per Dar Global 2025. Waterfront units yield 15-30% higher resale values, selling 75% faster, per CBRE 2025, supporting Qatar’s aim to grow foreign ownership to 15% by 2030, from 5% in 2024.

Alignment with Market Trends

Qetaifan Island North’s residential market saw 10% price growth in 2024, with luxury apartments yielding 7-9%, surpassing Doha’s 6% apartment average, per JLL 2024. L’Horizon is projected to grow 8-12% annually through 2027, driven by 85% occupancy projections and Qatar’s USD 200 billion economic plan, including USD 5 billion for Qetaifan’s infrastructure, per Qatar National Vision 2030. Dar Global’s reliability—5,400 units delivered with 98% on-time completion—outpaces the GCC’s 85% average, mitigating risks seen in 20% of Doha projects, per Deloitte 2024. Proximity to Lusail Stadium, a 2022 FIFA World Cup venue, adds 3% to returns, per Qatar Tourism Authority 2024. Doha’s tourism reached 9 million visitors in 2024, up 10%, with Qetaifan’s waterpark driving demand, per JLL 2025. The 2030 Asian Games, expecting 2 million visitors, will further boost values, per Qatar Olympic Committee 2025.

Architectural and Sustainability Features

Designed by Qatar-based MZ Architects, L’Horizon’s low-rise cluster features curved glass facades that echo Qetaifan’s coastal lines, using 65% locally sourced materials to reduce emissions by 10%, per Dar Global’s 2025 sustainability plan. The 300 residences have 3.5-metre ceilings and open layouts to maximize Gulf views. Interiors use sustainable materials like recycled wood and low-VOC finishes for eco-conscious luxury. Sustainability includes solar panels powering 15% of communal areas, saving 900,000 kWh annually, and a greywater system recycling 600,000 litres yearly for irrigation, per Qatar Green Building Council 2025. Smart thermostats cut cooling costs by 20%, aligning with Qatar’s 2030 sustainability goals, reducing L’Horizon’s footprint 15% below Doha’s average, per Ministry of Environment 2025. These elements establish L’Horizon as an eco-luxury benchmark.

Developer Strengths

Dar Global, founded in 2017, oversees USD 5.9 billion in projects, partnering with brands like Pagani and Aston Martin across the UAE, Qatar, and Spain, per their 2025 Q1 report. Their 98% completion rate contrasts with 20% of Doha projects facing delays, per JLL 2025, ensuring investor trust. With 5,400 units delivered, Dar Global navigates Qatar’s regulations, unlike 15% of foreign developers, per CBRE 2024. MZ Architects, with 30+ regional projects, adds design credibility, ranking L’Horizon among Doha’s top 10 waterfront developments, per Qatar Construction Review 2024. Dar Global’s expertise fuels demand, with 65% of GCC buyers targeting Qetaifan properties in 2025, per Savills 2024, minimizing risks seen in 10% of waterfront projects, per Qatar Real Estate Board 2025.

Investment Potential Analysis

L’Horizon’s financial prospects are robust, rooted in Qetaifan Island’s growing market. Rental yields average 7-9%, with 2-bedroom units generating QAR 90,000–130,000 annually, driven by 85% occupancy projections, per JLL 2024. Capital growth is projected at 8-12% annually through 2027, with Qetaifan up 25% since 2022, per CBRE 2024. Waterfront units sell in 70 days, 75% faster than inland properties, per Knight Frank 2024, ensuring liquidity. Qatar’s 5% GDP growth in 2025, outpacing London’s 2%, and 1% inflation rate minimize volatility, per JLL 2025. Demand is strong, with 65% of high-net-worth individuals eyeing Qetaifan properties in 2025, per Savills 2024, in a market growing 6% annually to USD 50 billion by 2029, per CBRE 2024, supported by 1.5% population growth, per Qatar Statistics Authority 2025.