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
New law underway to scrap unlicensed real estate agencies, brokers -4/3/2010
Unlicensed real estate agencies and individuals freelancing as property brokers may soon be taken to task in Doha.
Barwa, Diar, Dohaland step in as partners, sponsors of QREX 2010 -25/2/2010
Qatar will unveil the fifth edition Qatar International Real Estate and Investment Exhibition (QREX 2010) at the Doha Exhibition Center, due to be held from 3rd to 6th March.
Recovery of Qatar property market expected in 2011 -25/2/2010
Qatar will have to wait for another year, witnessing decline in property prices, after which, it is likely to head towards recovery in 2011, and thereafter its cautious approach towards real estate development will begin to pay off.
Experts note re-adjustments in Qatar realty sector -21/2/2010
The global financial crisis did not lead to decline in prices within the Qatari property sector.
Qatar property sector may recover faster than expected -8/2/2010
Qatar has set aside $120bn towards new road projects in the country, for the next five years.
Study highlights on construction sector in Qatar -6/2/2010
Although Qatar records the highest economic growth in the World, it receives strong support of robust fiscal reserves, continued flow of revenue from gas exports, prudent monetary policies of central banks, and focused efforts by Government to build world-class construction sector, in a strong, emerging and mature market.
Qatar to focus on realtors, next to banks -1/2/2010
Qatar, was largely unaffected by the global downturn, given, its abundant energy wealth, may now move towards encouraging its real estate operators after bailing out its banks, experts comment.
Ezdan to build Asia Towers in Qatar -23/1/2010
Ezdan Real Estate Company, biggest property developer in Qatar by market value, has joined hands with Qatar General Insurance and Reinsurance Company and Al Sarri Trading Company for carrying out the Asia Towers project, worth about QR2.
Qatar real estate sector summary for 2010 by Century 21 -17/1/2010
The Century 21 Qatar, the leading real estate agency in Qatar and a member of the top real estate network in the world has outlined a brief summary about the real estate market in Qatar for the current year, based on their study.
Qatar to face shortage of mid-budget housing -10/1/2010
The real estate sector in Qatar is likely to witness a shortage in supply of mid-class residential apartments.
Al Meera mall to be ready in 2 years -28/12/2009
Al Meera has revealed that the construction work on the new QR45mn store at the Abu Nakhla area will start next month.
Barwa initiates completion of Barwa Masaken project -15/12/2009
Barwa has begun delivering all outstanding payments which the now-defunct main contractor owed to sub-contractors, for completion of work on the Barwa Masaken project, the company said.
One Porto Arabia in Pearl Qatar opens for lease -15/12/2009
The One Porto Arabia development by Alfardan Properties was formally launched last week, as it became the first building to be open for lease at The Pearl Qatar.
2010 hoped to be a smooth year for construction sector -2/12/2009
The year 2010 will be a flat one, as far as the construction sector is concerned, said experts, who spoke during the Big5 conferences.
Barwa, Qatari Diar sign deal with Projacs -26/11/2009
Barwa and Qatari Diar Research Institute (BQDRI), has announced signing of a deal with Projacs International, the pioneer Arab company specialized in Project/Construction Management and Training fields, for entering into a strong partnership that aims to support the implementation of sustainability practices by adopting the Qatar Sustainability Assessment System (QSAS).
Ezdan Village 3 units handover begins -16/11/2009
Ezdan Real Estate Company has begun signing contracts and handover process of housing units of Ezdan 3 Village at Wakra.
UDC aims $3bn worth projects in MENA region -12/11/2009
The United Development Company (UDC), the company behind the a pearl-shaped island project in Qatar, revealed that it expects its fourth quarter profit to be as good as that of the third quarter, during its talks about $3bn worth future projects.
Ezdan to sell part of its property portfolio -9/11/2009
Ezdan Real Estate Company, the largest property developer in Qatar, has announced plans to sell part of its real estate portfolio to Malaysia-based REIT (Real Estate Investment Trust) for financing new projects, and is hoping to achieve net profit equivalent to that of the third quarter.
RDRC permitted to settle rent disputes in Qatar -7/11/2009
Rent disputes can henceforth be taken up with the Rental Dispute Resolving Committee (RDRC), irrespective of whether the contract was registered or not, a senior official in Qatar announced yesterday.
Barwa displays latest projects at Civil Expo -7/11/2009
Barwa Real Estate is all set to showcase its latest developments and future projects at the biggest security and safety trade show in Qatar, the Second Civil Defence Exhibition, which ends today.