Saturday, November 01, 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

New housing project unveiled by Alaqaria in Qatar

28/10/2014

The Minister of Youth and Sports, Salah bin Ghanem bin Nasser al-Ali has unveiled new housing project by Qatar Real Estate Investment Company (Alaqaria) for Qatargas and RasGas in Al Khor Community.

Mega projects pipeline to boost real estate growth in Qatar

21/10/2014

The announcement of mega projects at prestigious The Pearl-Qatar and Lusail City indicates the fast growth of real estate sector in Qatar.

Real Estate investments lead way in Qatar

8/10/2014

While Qatar continues to move at a steady pace in its infrastructure preparations related to FIFA World Cup 2022, construction and real estate investments continue to grow at a steady pace too, says an official at the Qatar Financial Centre (QFC).

Leasing of first phase of new Workers City at Barwa al Barwaha launched

23/9/2014

Leading Property Assets and Facilities Management Company has launched the first phase of renting out housing for workers at the Workers City at Barwa Al Baraha.

Property price increase in Qatar still within fundamentals

2/9/2014

According to Qatar Central Bank (QCB) report on the Real Estate Price Index (REPI), the average prices for land, commercial and residential properties in June 2014 are 20 percent above their September 2008 peak.

Qatar property sector grows manifold despite the summer lull

26/8/2014

The real estate sector in Qatar has seen a good recovery, despite the summer setback as transactions jumped four-fold during second of the month, reports Ezdan Real Estate Company.

Qatar leads real estate growth in the GCC

19/8/2014

Qatar leads real estate growth among the six GCC States, with a combined transaction value of QR6.

Qatar expects steady growth in rentals until 2022

13/8/2014

With the land values and construction costs growing steadily in the country, the rentals in Qatar are likely to grow at an average of 10 percent until the year 2022, said a recent report.

Qatar property sector records 30 percent growth last month

29/7/2014

Real estate sector in Qatar has recorded 30 percent growth last month in terms of number of transactions, despite the slowdown in summer season.

Doha sees increased demand for small land plots

9/7/2014

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

2/7/2014

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

Qatar office sector to remain ‘stable’ in future

24/6/2014

The office sector in Qatar, which is all set to be out of the recessions cycle, would remain stable with the additional supply likely to come into the market by second quarter 2015, revealed the Al Asmakh Real Estate Development Company (Aredc).

Msheireb Downtown Doha project showcased at Cityscape Qatar 2014

3/6/2014

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.

Residential units partitioning to attract fines

27/5/2014

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.

 

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