The 50-day conflict killed 2,200 Palestinians and also left 100,000 homeless, according to the United Nations, and also claimed the lives of 70 Israelis.
"Today, we are inaugurating the first phase of the Hamad residential city (project)," said Qatari envoy Mohammed Al-Emadi told reporters in the southern Gaza city of Khan Yunis.
A total of 1,060 apartments have been completed and the title deeds were being handed out to their new owners, he said at a ceremony at the apartment complex.
Qatar has allocated a total of USD 407 million for the reconstruction of the Gaza Strip, including homes, infrastructure and a hospital.
Emadi said the project was delayed for a year due to "restrictions on the entry of construction material" imposed by Israel since 2006, which maintains a blockade on the Palestinian enclave.
Palestinians and international organisations say the restrictions, aimed at preventing the reconstruction of Hamas's military infrastructure, cause significant delays in rebuilding Gaza.
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