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Qatar Real Estate News

Equalization of supply and demand to bring down rents in two years time -19/8/2007
The General Manager of Colliers International, a global affiliation of independent real estate services firms, Reg Barichievy, expressed his opinion that the home rents could continue to rise for the next two years before they start going down.

2000 low-rent houses from Brawa Real Estate are exclusively for expatriates -19/8/2007
The Barwa Real Estate officials have announced that their 2000 low-rent houses at the Doha outskirts, will be kept open exclusively for expatriates.

AlAqaria awards QR220m contract to Al Jaber -10/8/2007
AlAqaria, the Real Estate Investment Company in Qatar, has handed over a contract for construction of schools and a Kindergarten, to Al Jaber Trading and Contracting Company.

Construction sector to boom in Qatar -2/8/2007
The CEO of Qatar Real Estate Investment Company (AlAqaria), Mohammed Ismail Mandani has expressed his confidence that the construction sector in Qatar will continue to boom and mentioned that there is no bubble to burst.

Doha and Frankfurt connected with non-stop flights from Lufthansa -2/8/2007
Doha customers have expressed their satisfaction with the efficient customer service provided by Lufthansa Doha-Frankfurt flights last year via Bahrain and Kuwait.

Labour department warns companies to adhere to summer time work schedules -24/7/2007
The Department of Labour in Doha, has issued warnings to a number of contracting companies, whose workers continue to work in the worksites after 11 30am, violating the rules.

Undue delay witnessed in processing of free-housing allotments -20/7/2007
The shortage of houses and the soaring rent rates in Doha have resulted in increased number of nationals to compete for the free housing being allotted by the state.

The Piazza of Damac witnesses 90% sale -18/7/2007
Damac Properties has announced more than 90 percent sale of Phase I of its The Piazza project in Qatar.

Illegal brokers rampant in Qatar realty market -16/7/2007
A huge number of unlicensed middlemen, most of whom are expatriates, are said to have been dominating the booming real estate market in Qatar.

Qatar Charity launches Phase Two of Al Rayyan -16/7/2007
Qatar Charity (QC) has announced its plans to launch phase two of the Al Rayyan housing compound in Aceh in Indonesia, which will provide accommodation for about 210 families affected by Tsunami during 2004, revealed a press release from QC.

Bavaria Hotels withdraws from the property in Qatar -13/7/2007
Bavaria Hotels has moved out of the Bavaria City Suites Doha Property in Qatar, due to the inability of the contractor to deliver the projects within the required standards and timeline.

First Qatar to exhibit Pearl Qatar projects at the London Expo -13/7/2007
The First Qatar Real Estate Development Company is exhibiting its up-market residential properties in its man-made island project, Pearl-Qatar, at a property show in London.

QNH launches Twin Hotel Towers in Lusail City -10/7/2007
Qatar National Hotels (QNH) Company has revealed the details of its twin hotel towers worth $500m  in the Lusail City, due for completion by 2010.

Exorbitant rents in Doha have resulted in vacant apartments -10/7/2007
Reports reveal that about 2000 newly built apartments are lying vacant in Doha without any takers.

First Real Estate Bank in Qatar to be launched soon -10/7/2007
A leading real estate development company in Qatar has announced the opening of Barwa Real Estate Bank, the first real estate bank in Qatar, dedicated to the real estate and construction sector.

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