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Qatar Real Estate News

Qatar Real Estate Investment Company reports decline in profit -24/7/2009
Qatar Real Estate Investment Company, which is in the process of a state-ordered merger with a rival company, has reported 34.

Nationals offered long-term loans to revive property market -17/7/2009
About 5400 Qatari nationals have been offered a minimum QR600,000 as long-term housing loan by Qatar Development Bank to revive the real estate sector.

Barwa to look into proposed merger plans with subsidiaries -13/7/2009
Barwa Real Estate Company has announced that it will look into the proposed merger of its subsidiaries Barwa Real Estate Management Company, Barwa Maintenance Services Company and Barwa Hotels and Resorts.

Damac awards Piazza development construction contract -10/7/2009
Damac Properties has awarded two major contracts to commence work on the Piazza development in Lusail a well-planned urban development in Qatar.

Alfardan launches luxury tower at The Pearl -6/7/2009
Alfardan Properties has announced the launch of its luxury tower homes at One Porto Arabia in The Pearl Qatar.

Property ownership certificates awarded to five expatriates -6/7/2009
The Real Estate Registration Office for Non-Qataris at the Ministry of Municipality and Urban Planning has issued ownership certificates of residential properties in Doha to five expatriates.

Qatar Government to purchase real estate portfolios of Banks -30/6/2009
Qatar has purchased the real estate investments of local banks, and QR15bn has been earmarked for the purchase of their portfolios, the Central Bank Governor in Qatar has revealed.

Qatar residential sector to see rental increase in 2010 -30/6/2009
The residential rates in Qatar are likely to increase towards the year 2010, with the two-year rent freeze coming to an end, coupled with the supply of new apartments, reveals a recent study by Global Investment House.

The Pearl-Qatar announces luxurious prizes at its first retail promo -30/6/2009
The Pearl-Qatar has launched its first-ever retail promotion at Porto Arabia this week.

QIB to fund Salam Bounian Jumana Tower project -26/6/2009
The Qatar Islamic Bank (QIB) and Salam Bounian have entered into a QR206m worth Musharaka agreement, wherein the bank will finance the Jumana Tower project of the developer at The Pearl.

Barwa, Qatari Diar to establish research institute -19/6/2009
Barwa and Qatari Diar, two leading property companies in Qatar, are planning to soon establish a research institute, in the heart of Qatar Science and Technology Park (QSTP), following recent approval of their application by QSTP.

Amendment of rental regulation proposed -19/6/2009
Few provisions of the new rent regulation implemented last year, requires amendment, so as to facilitate landlords to take a rented property back from a tenant or for personal use.

UDC unveils its first residential tower at The Pearl Qatar -19/6/2009
The owner and developer of The Pearl Qatar, the United Development Company (UDC), unveiled to public, its first residential tower, namely, Tower 4, at The Pearl Qatar.

Qatar property sector to witness oversupply by 2010 -13/6/2009
Qatar real estate market is likely to attain oversupply in 2010, with property prices dropping further, a leading real estate consultancy noted.

Prices of housing in Qatar to grow by end of 2009 -10/6/2009
Housing prices in Qatar are likely to rise again towards end of this year, with the growth in real estate sector would continue to rise, due to infrastructure demands in Qatar, experts revealed last week.

Fine & Country launches operations in Qatar -6/6/2009
An international property network, the UK-based Fine & Country has launched its operations in the Qatari real estate market.

Leading developer to sell property portfolio for funding new projects -6/6/2009
One of the largest property developers in Qatar, the Ezdan Real Estate Company, revealed that it plans to sell few of its real estate portfolio, aiming to raise funds for billion-dollar projects during the next five years.

Qatar initiate to scrap the sponsorship system -4/6/2009
Qatar will be the second Arabian Gulf nation to initiate scrapping sponsorship system, the Qatar Prime Minister, Shaikh Hamad bin Jasem bin Jabr Al Thani, said.

Doha-Manama Causeway likely to trigger property boom -4/6/2009
Developers in Bahrain are awaiting completion of the Doha-Manama Causeway in 2013, as they are confident that there would be a real estate boom during that period, and the demand for property by expatriates are likely to increase.

Durrat Al Doha exhibits Imperial Towers at Q-REX 2009 -31/5/2009
Durrat Al Doha, the regions premier real estate developer displayed its iconic Imperial Towers project during the fourth annual Qatar Real Estate Exhibition (Q-REX) 2009 at the Doha International Exhibition Centre.

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