Although Qatar’s real estate sector is still experiencing the effects of the trade embargo imposed by some regional neighbours in 2017 as well as cyclical oil prices, the sector has begun to rebound, buoyed by continued government efforts to mitigate the economic consequences. The drop in oil prices in early 2020 amid the Covid-19 pandemic has affected economies worldwide, but the long-term…
While the country has primarily been known for its vast gas reserves, Qatar’s global profile received a major boost in 2010 when it won the bid to host the 2022 FIFA World Cup. Since the announcement, the country has witnessed extensive international investment and substantial infrastructure projects, allowing the population to grow by an estimated 40% since 2010 due to an influx of foreign work
As a key driver of diversification efforts, the real estate sector has been an important contributor to economic growth in recent years. According to a 2018 report, non-mining and quarrying sectors registered a combined compound annual growth rate (CAGR) of 6.8% between 2013 and 2017, which was largely attributed to four sectors: construction, health care, insurance and real estate, with the last registering…
Interview:Nasser Al Ansari What impact will changes to foreign ownership regulations have on local property demand? NASSER AL ANSARI: The means for foreign nationals to purchase property in Qatar are already in place in certain regards, but regulatory reforms will help to formalise, expand and better manage this process. Opening the market to foreign nationals will contribute to long-term demand…
As a key driver of efforts to diversify Qatar away from reliance on the energy industry, the real estate sector has been an important contributor to economic growth in recent years. According to a 2018 report from the Planning and Statistics Authority (PSA), non-mining and quarrying sectors registered a combined compound annual growth rate (CAGR) of 6.8% between 2013 and 2017, which was largely…
Interview:Nabeel Mohammed Al Buenain How have real estate developers in Qatar reacted to the ongoing supply issues? NABEEL MOHAMMED AL BUENAIN: Despite the bitterness caused by the tensions, we were always looking towards the positive side, learning from current situations and coming up with sustainable long-term solutions. From here I can tell you that we are moving forward stronger, armed…
The built environment of Qatar has seen some spectacular changes in recent years, with rapid growth and a range of iconic towers, malls, gated communities, hotels and luxury villas coming onto the market. Swift expansion has transformed the skyline and propelled the country into the top ranks of the global real estate market. However, the fast-paced build-up of various segments is beginning…
Qatar has responded strongly to the trade blockade that cut off many of the country’s supply routes for goods, ranging from construction materials to milk, and has swiftly realigned key trading routes. Meanwhile, many in the local business community are optimistic about the opportunities for in-country value creation that the blockade has afforded. Qatar’s economy has remained better insulated
The built environment of Qatar has seen some spectacular changes in recent years, with rapid growth and a range of iconic towers, malls, gated communities, hotels and luxury villas coming onto the market. Swift expansion has transformed the skyline and propelled the country into the top ranks of the global real estate market. However, the fast-paced build-up of various segments is beginning to show…
The exhibition facilitates a platform where developers, investors and real estate professionals can meet and network all under one roof. You can buy your dream home and discover hundreds of real estate investment opportunities in the residential, retail, hospitality and commercial sectors. The event will be happening March 13-15, 2017 at Doha Exhibition & Convention Center. Click here to register…
