Qatar Real Estate - Property Sale & Rent
Ever since oil was discovered in Qatar in the 1940s this formerly economically weak fishing & pearling region has gone from strength to strength economically and currently boasts an economy & standard of living at par with most of the contemporary nations.
Positioned in the Arabian Peninsular and bordering Saudi Arabia to the South, the Emirate is otherwise bounded by the Persian Gulf and is self-governing and has been so since the early 1970’s. It does not form part of the United Arab Emirates and has not become part of Saudi Arabia.
Qatar is the hottest buzz word in up-and-coming property markets and savoir-faire investors are looking UP to the region to offer has been affording the world in recent years more of the incredible opportunities Dubai. Global confidence in Dubai Market has strengthened the fledgling investment property market in Qatar, resulting in the property market boom in Qatar.
The Pearl Qatar is one of the most remarkable and imposing developments. This man made island development is estimated to cost around $2.5 billion and is by far the largest property development being undertaken in Qatar. The second phase of the development was released in March 2005 to much anticipation. The Pearl Project post completion will form a 4-million sqm island home to around 30,000 people in an array of luxury and stunningly designed villas, town houses and apartments.
The Pearl will also feature hotels, restaurants, shops and boutiques as well as a 700 berth international yachting hub and the first homes are due for completion in 2007.
The consequence of this development should not be ignored, it will lift the profile of the Emirate, significantly improve and boost tourism numbers, the appeal of this location will become known globally and as a result the aspiration for freehold property in Qatar will strengthen which will lead to an ever escalation of the property market.
Looking to the Middle East region for the latest property hotspots or interested in diversifying your investment portfolio? If yes then it may well be time to consider the up-and-coming property market in Qatar.
Qatar Real Estate News
Qatar Government to purchase real estate portfolios of Banks -30/6/2009
Qatar has purchased the real estate investments of local banks, and QR15bn has been earmarked for the purchase of their portfolios, the Central Bank Governor in Qatar has revealed.
Qatar residential sector to see rental increase in 2010 -30/6/2009
The residential rates in Qatar are likely to increase towards the year 2010, with the two-year rent freeze coming to an end, coupled with the supply of new apartments, reveals a recent study by Global Investment House.
The Pearl-Qatar announces luxurious prizes at its first retail promo -30/6/2009
The Pearl-Qatar has launched its first-ever retail promotion at Porto Arabia this week.
QIB to fund Salam Bounian Jumana Tower project -26/6/2009
The Qatar Islamic Bank (QIB) and Salam Bounian have entered into a QR206m worth Musharaka agreement, wherein the bank will finance the Jumana Tower project of the developer at The Pearl.
Barwa, Qatari Diar to establish research institute -19/6/2009
Barwa and Qatari Diar, two leading property companies in Qatar, are planning to soon establish a research institute, in the heart of Qatar Science and Technology Park (QSTP), following recent approval of their application by QSTP.
Amendment of rental regulation proposed -19/6/2009
Few provisions of the new rent regulation implemented last year, requires amendment, so as to facilitate landlords to take a rented property back from a tenant or for personal use.
UDC unveils its first residential tower at The Pearl Qatar -19/6/2009
The owner and developer of The Pearl Qatar, the United Development Company (UDC), unveiled to public, its first residential tower, namely, Tower 4, at The Pearl Qatar.
Qatar property sector to witness oversupply by 2010 -13/6/2009
Qatar real estate market is likely to attain oversupply in 2010, with property prices dropping further, a leading real estate consultancy noted.
Prices of housing in Qatar to grow by end of 2009 -10/6/2009
Housing prices in Qatar are likely to rise again towards end of this year, with the growth in real estate sector would continue to rise, due to infrastructure demands in Qatar, experts revealed last week.
Fine & Country launches operations in Qatar -6/6/2009
An international property network, the UK-based Fine & Country has launched its operations in the Qatari real estate market.
Leading developer to sell property portfolio for funding new projects -6/6/2009
One of the largest property developers in Qatar, the Ezdan Real Estate Company, revealed that it plans to sell few of its real estate portfolio, aiming to raise funds for billion-dollar projects during the next five years.
Qatar initiate to scrap the sponsorship system -4/6/2009
Qatar will be the second Arabian Gulf nation to initiate scrapping sponsorship system, the Qatar Prime Minister, Shaikh Hamad bin Jasem bin Jabr Al Thani, said.
Doha-Manama Causeway likely to trigger property boom -4/6/2009
Developers in Bahrain are awaiting completion of the Doha-Manama Causeway in 2013, as they are confident that there would be a real estate boom during that period, and the demand for property by expatriates are likely to increase.
Durrat Al Doha exhibits Imperial Towers at Q-REX 2009 -31/5/2009
Durrat Al Doha, the regions premier real estate developer displayed its iconic Imperial Towers project during the fourth annual Qatar Real Estate Exhibition (Q-REX) 2009 at the Doha International Exhibition Centre.
Barwa Village project at Al Wakra due for hand-over by 2010 -31/5/2009
Barwa Real Estate Company has confirmed that the QR1.
Plots at Lusail Land open to Qatari investors above 18yrs of age -27/5/2009
Qatari investors over the age of 18 are allowed to purchase plots at the Lusail Land, announced the National Leasing Holding Company in Qatar yesterday.
Fourth edition of Q-REX 2009 started -27/5/2009
The 4th Qatar International Real Estate and Investment Exhibition (Q-REX 2009) has been unveiled at the Qatar International Exhibition Centre.
Dohaland unveiled the signature project Heart of Doha -27/5/2009
A subsidiary of Qatar Foundation, Dohaland, yesterday unveiled its signature project Heart of Doha, worth QR20bn.
One Porto Arabia welcomes home its first tenant -22/5/2009
Alfardan Properties, the leading property developer in Qatar, has welcomed its first tenant to its One Porto Arabia development in The Pearl Qatar.
Dohaland, Turner International, sign deal to establish Time Qatar -22/5/2009
Dohaland and Turner International Middle East have entered into a deal to establish a joint-venture company Time Qatar, which will also be an independent project management company.
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