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Qatar Real Estate News

Second Rent Contracts Registration Office unveiled at Al Rayyan -1/3/2008
The Registration Office for Rent Contracts at the Al Rayyan Municipality has commenced operations this week.

100 realty companies confirmed participation in Qatar real estate expo -1/3/2008
About more than 100 realty companies have confirmed their participation in the Third Qatar International Real Estate and Investment Exhibition and Conference, with 50 firms having Qatar as their base, presenting newest multi-billion dollar projects.

Value of realty GCC realty projects hits $1trn mark -1/3/2008
The GCC property sector has been given a positive rating by Moodys, with the total value of real estate projects in the GCC touching $1 trillion.

Doha Municipality is the first to set up rent contract registration office -27/2/2008
The rent contracts registration office at Doha municipality will get operational tomorrow.

No rental increases permitted for two years -24/2/2008
The new rent regulation, which became effective on 15th February, does not approve any rental increase by the landlords for a period of two years, said H E Sheikh Abdul Rahman bin Khalifa Al Thani, the Minister of Municipal Affairs and Agriculture, yesterday.

Tenants relieved over the announcement of new rent law -20/2/2008
The new rent law has brought about immense happiness to the tenants on the one hand, while has invited the wrath of a few landlords, on the other.

W Doha Residences highly successful -17/2/2008
The W Doha Residences, managed by Starwood Hotels & Resorts, have proven to be a big hit in Qatar, with more than half of its 154 units already rented out, four months prior to scheduled delivery, reports The Peninsula.

Secondary property market to surface in Qatar soon -4/2/2008
According to Asteco, a Dubai-based global property management company, a secondary market in top quality properties may soon come up in Doha with the steady increase in prices of newly constructed villas and apartments.

InterContinental Group signs deal for a 60-storey Tower in Doha -28/1/2008
InterContinental Hotels and Resorts have entered into a deal with Mohamed bin Ajaj al-Kubaisi to develop a 60-storey tower InterContinental Doha West Bay in Qatar.

Increasing land rates contribute to inflationary pressure in Doha -20/1/2008
The land prices in suburbs of Doha and warehouse rents in the Industrial Area are continuing to shoot up, further adding to the inflationary pressure on the country.

Al Mazaya-Qatar to be established shortly -20/1/2008
Al Mazaya Holding, a Kuwait-based regional property developer, has mentioned that a real estate company with QR500mn capital will be set up in Doha, shortly.

danatQatar units receives remarkable response -18/1/2008
The danatQatar apartments, located in The Pearl Qatar, developed by Capital Investment, have seen tremendous success, with 66 units sold out within two months of its launch.

Work progressing steadily on The Pearl-Qatar -16/1/2008
An island-city in the Arabian Gulf near Doha, The Pearl-Qatar, is fast taking shape, with the construction progressing steadily on its residential towers, which are due for completion this year.

More plans on the way to stabilize rental market -14/1/2008
Officials are studying various proposals, pertaining to regulation of landlord-tenant relations as, the current rental law, is due to expire next month.

Projects currently handled by Ashghal -9/1/2008
Public Works Authority (Ashghal), has several new responsibilities and projects in hand.

Qatar to house a new $274 mn property firm -3/1/2008
Industries Qatar, one of the major firms in Qatar, has announced its plan to set up a 1 billion riyal ($274mn) property firm, together with partners, permitting it to tap growth in the real estate market of the country.

Local Construction Company launches housing project for low-end users -12/12/2007
With an intention to help ease the housing shortage, a local construction company in Doha, has launched a housing project, meant exclusively for the low and middle-end users.

Barwa Flats registrations to remain open until 25th December 2007 -12/12/2007
The Barwa Real Estate Companys low-rent housing units have so far drawn applications from 72 nationalities, including, Qataris, and citizens of other GCC countries.

Real Estate Agencies in Qatar, losing out on business -4/12/2007
Real Estate Agencies are losing out on business, as property owners are opting to deal with potential tenants directly through advertisements in newspaper.

Rental hikes could be controlled only through improved supplies -4/12/2007
A lawyer in Doha has suggested that the most effective way to check shooting rents is to ease out the housing shortage through improved supplies, and claims that no legislation can help in fighting the current rental situation.

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