Tuesday, July 22, 2014
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Qatar Real Estate

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.

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Qatar Real Estate News

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An increased demand for small plots of land across the country for housing purposes have begun in Doha and its near and far-off suburbs.

Qatar office sector records high rental rates in Q1 2014

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Rentals across Qatar office sector witnessed high rates during the first quarter 2014.

Qatar office sector to remain ‘stable’ in future

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Msheireb Downtown Doha project showcased at Cityscape Qatar 2014

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A subsidiary of Qatar Foundation, Msheireb Properties, will participate at Cityscape Qatar 2014 to showcase its Msheireb Downtown Doha project.

Ezdan announces sale of five residential villages

3/6/2014

Leading real estate giant, Ezdan Holding Group, with an aim to diversify its investment portfolio, has announced sale of five residential villages comprising 2,660 homes during the Cityscape 2014 which is currently under progress at the Qatar National Convention Centre.

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The Ministry of Municipality and Urban Planning has confirmed that partitioning of residential units of any kind is considered as an open violation of the Buildings Organization Law No 4 of 1985.

Increasing land prices keep away potential investors in hospitality sector

21/5/2014

With a significant growth in prices of land plots over the past years there has been a decrease in potential investors in the hospitality sector.

New Al-Furjan project launched

14/5/2014

Al Furjan project, which involves opening of small shopping centres in remote areas of the country, aimed at helping residents in remote areas, has been unveiled yesterday in Qatar.

Doha property market reflects significant growth

6/5/2014

The real estate market in Doha has grown considerably each quarter marking 29 percent growth in transaction numbers, as total sale value increases 35 percent, reveals a recent report.

Remarkable recovery noticed in Doha property market last month

8/4/2014

The property market in Doha witnessed huge recovery during the period 23rd March to 27th March, with total value of transactions during the week having jumped by 270 percent, touching QR1.

Qatar to re-schedule its planned building projects

26/3/2014

Qatar will re-schedule nearly 15 percent of its planned building projects over the coming years, and move on to complete preparations for the 2022 World Cup soccer tournament.

New high-tower on Doha West Bay all set for 2015 delivery

4/3/2014

Rabban Hospitality has announced commencement of work on its new 46 storey executive high-rise tower in Doha West Bay, with delivery of the tower likely in third quarter of 2015.

Property sector to witness another boom this year

25/2/2014

Qatar property sector is witnessing unprecedented growth, due to mega infrastructure projects being awarded.

More than $25bn infrastructure projects to boost realty sector

25/2/2014

Qatar is working on 250 major projects, worth more than $25bn, which is aimed to stimulate the real estate sector, and the economy of Qatar.

Qatar property prices may grow by 20 to 25 percent in 2014

11/2/2014

Real estate prices in Qatar are likely to shoot up by 20 to 25 percent this year, although a proportionate increase in rentals is unlikely, say real estate experts.

Qatar construction sector overheat unlikely

4/2/2014

Huge capital expenditure on infrastructure has immense potential for construction in transport and real estate sector, and is unlikely to overheat the construction sector, said Pinsent Masons, an international law firm.

New rule aim quicker settlement of landlord-tenant disputes

21/1/2014

According to the latest cabinet decision issued yesterday, a quicker disposal of disputes between tenants and landlords over rent and occupancy-related issues can be expected.

Doha residential market post robust growth in sale

3/1/2014

Doha residential market has experienced robust growth in transaction volumes, sale prices and rental prices led by high-end areas such as West Bay and The Pearl.

Damac achieves key milestone in Burj Damac Marina project

3/1/2014

Damac Properties, one of the largest real estate developers in the region has achieved key milestone in construction of its luxury serviced hotel apartment project in Doha, namely the Burj Damac Marina.

Qatar property market witnessing increased land values

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Real estate market in Qatar is seeing steady growth in land value, with rentals having grown between 20 to 30 percent this year, in comparison to previous year.

 

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