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
Al Mourouj Real Estate and Beton Chantier signed deal for construction of Residential complex
The Al Mourouj Real Estate and Investment Company has entered into a contract with construction firm, Beton Chantier - Qatar, for construction of a residential complex in Frij Bin Dirham.
Work on Lagoon Plaza Towers nearing completion
The Lagoon Plaza Towers, also known as Zigzag Towers, are due for completion by the end of this year, after the minor hurdles that the project was facing.
First serviced residence at West Bay from Ascott International
Ascott International has unveiled its first serviced residence at Doha's West Bay.
Qatar property market ready for a boom with its high return investments
Real estate in Qatar is becoming more attractive in recent times, with over 500,000 families expected to move into Qatar by the year 2012.
Ascott launches first serviced residence in West Bay
Ascott International has opened its first serviced residence Somerset West Bay in Doha.
DTZ Qatar appointed as sole leasing agent for ‘ornado Tower
A part of DTZ International Group of Companies, DTZ Qatar, has been appointed as the sole leasing agent for the Tornado Tower, a development by Qatar Investment Projects and Development Holding Company (QIPCO).
Asteco unveils Imperial Ruby Tower
The property services leader, Asteco, has been appointed as the only sales agents for the Imperial Ruby Tower at Viva Bahriya district, in The Pearl Qatar.
Nuzul Qatar unveils Somerset West Bay
Nuzul Qatar has unveiled its first deluxe serviced apartment, the Somerset at West Bay, Doha, the heart of Doha’s diplomatic area.
Barwa to continue accepting housing applications from nationals
Barwa has announced that it will continue accepting housing applications, but only from Qatari nationals.
Abyaar Real Estate-Qatar granted permit to proceed with QR1bn projects
Abyaar Real Estate Development Company in Qatar has revealed that it has been granted permission by Qatar Diar to go-ahead with work on projects worth QR1bn.
Qatari Diar Lusail development, on its way ahead
Biggest project of Qatari Diar in the country, the Lusail development, has completed the conception stage, and has transformed to outlining of upcoming districts.
Barwa Housing Programme - Phase one units to be delivered by end of 2008
About 122 families belonging to the middle-income sector in Qatar, who have been considered eligible as per the terms and conditions of Barwa Real Estate for allotment of apartments, will be handed over their houses by the end of this year, revealed Barwa.
Imperial Towers project unveiled at The Pearl Qatar
The Imperial Towers project comprising five towers, was launched yesterday at Viva Bahriya in The Pearl Qatar.
Qatar construction sector focuses on innovative Green technologies
According to studies carried out by Business Monitor, the construction sector in Qatar is all set to touch QR33bn (USD9.
Development of Barwa Commercial Avenue awarded to German firm
Barwa Real Estate, one of the leading real estate developers in Qatar, has awarded the Barwa Commercial Avenue construction contract to Hochtief, a German construction firm.
IBQ, Damac sign mortgage pact
The International Bank of Qatar (IBQ), together with Damac Properties has signed pact to offer mortgage finance to buyers of Damac properties in Qatar.
National Leasing, Qatari Diar sign realty deal for citizens
The National Leasing Holding Company has entered into a contract with Qatari Diar to purchase real estate properties at Lusail, to construct villas for Qatari citizens.
Wakrah and Al Khor urban development projects generates good investor response
The proposed Wakrah and Al Khor urban development projects in Qatar have generated good investor response, reports the Gulf Times.
Bilal Pearl Suites - new luxury residential tower at The Pearl Qatar
AHMED Hassan Bilal Trading and Contracting Company has entered into an agreement with the Gulf Contracting Company for construction of Bilal Pearl Suites, a luxury residential tower, located at The Pearl Qatar.
Real estate market in Al Khor witnesses sudden boom
Large numbers of Doha-based establishments and companies, apart from educational institutions, are seen shifting their base to Al Khor.
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