Qatar Real Estate News
Supply surpasses demand in housing sector -6/10/2009
According to a study by Century 21 Qatar, a leading real estate sales network organization, supply volumes are much ahead of actual demand for real estate in the market.
Contracting firms in state projects can now claim compensations -6/10/2009
Contracting companies involved with state projects are now allowed to claim compensation for delayed payment or delays in project implementation owing to change in design or for delays due to other technical reasons.
Four new residential towers to adorn Doha skyline -6/10/2009
A multi-billion riyal real estate project will soon come up in the heart of West Bay, as a result of joint venture by the Qatar General Insurance and Reinsurance Company (QGIRC), Ezdan Real Estate and Al Sari Trading Company, to develop four residential towers that will contribute to the impressive skyline in Doha.
Investors from 52 countries among residents at The Pearl Qatar -2/10/2009
Investors from more than 52 countries have so far purchased units in The Pearl Qatar, as end-users or for investment purposes.
real estate markets to recover by 2011 -30/9/2009
Real estate markets in the region are likely to stabilize next year and recover by 2011, due to improvement in investor sentiment, reports market researcher, Jones LangLa Salle (JLL) in their report.
Increased supplies likely to bring down housing rents in Doha -30/9/2009
According to property experts, about 6000 new housing units have come up in Doha and its suburbs this year alone, and are available for rent or lease.
Qatar real estate sector on road to recovery -26/9/2009
Property experts have announced that the real estate sector in Qatar is likely to being recovery in four to six months, with the prices of property, land and rents likely to slide further by 15 to 20 percent in the short-term.
Qatar construction sector least affected in the region -21/9/2009
About 759 construction projects, worth a total of several billion dollars have been either cancelled or suspended in the GCC, owing to global economic crunch.
Qatar Airways to touch new destinations with increased frequencies -18/9/2009
Qatar Airways, one of the leading airlines in the Arab region, is on its way to expansion, by introducing new routes and increasing frequencies across its destinations, the airline officials announced.
Tenants, property agents in Qatar seek rent law extension -18/9/2009
Several tenants and real estate agents in Qatar have urged for extension of the current rent law.
Titanic complex tenants served eviction notices as demolition underway -18/9/2009
The Titanic residential-cum-commercial complex in Musheireb will be demolished shortly, as a part of the planned demolition in the area.
Qatar advised to avoid constructing glass buildings -29/8/2009
Qatar should avoid glass buildings, as they are not suitable for Qatar, and if at all they are built, architects need to select the right kind of glass and coatings, experts have warned.
Public disappointed over high rents at Barwa's Al Wakra complex -20/8/2009
Several of those who have been eagerly awaiting the Barwa Real Estate Companys apartments and shops at the upcoming residential-cum-commercial complex at Al Wakra to be allotted them, have expressed disappointment over higher rents.
Population dip likely to affect Qatar realty market -17/8/2009
The Qatar real estate market will face considerable oversupply of properties by 2012, as its population falls, leaving several property developments empty, reveals two new reports.
Qatar rental market may be hit due to excess supplies -12/8/2009
Given the huge stock of housing supplies, the rental market in Qatar may take a massive beating, comments Nasser Mohamed Al Mansoory, CEO of Qatar Oman Investment Company, one of the most trusted real estate investment experts.
Qatar to face oversupply of properties by 2012 -6/8/2009
As the expatriate workforce responsible for building countrys infrastructure, has begun leaving the country, Qatar is likely to face considerable oversupply of properties by 2012, states a report by Bank of America Securities-Merrill Lynch (BAS-MIL).
Lusail development holds The future of Qatar -6/8/2009
The iconic waterfront development The Lusail Real Estate Development Company is underway in north Doha, which is expected to be bigger than Beirut on completion, and can accommodate about half-a-million population.
Qatar Airways to go public by 2014 -1/8/2009
Qatar Airways will be fully government-owned by end of 2010, an initiative which will make way for an initial public offering, the Chief Executive of the airline revealed.
Ezdan plans series of mega projects -1/8/2009
Ezdan Real Estate is awaiting approval to construct huge malls in Wukair and al Gharrafa, apart from its aim to construct a big school.
Better Homes expands horizon, enters Qatar -29/7/2009
Better Homes, the leading real estate agency plans to open offices in Qatar, South Africa and Oman this year.
