Real Estate
From The Report: Qatar 2022
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A steady decline in sale and rent prices since 2016 was accelerated in 2020 amid the Covid-19 pandemic, which led to strong activity in property transactions. The lower prices – reflected in various indices – was not seen as cause for alarm in the sector, however, but a welcome market correction that is allowing Qatari properties to compete with other GCC markets on value. Healthy property trade continued into 2021. While the total value of real estate transactions was lower in 2021 than in 2020, the volume was higher. This was supported by new government rules on foreign property ownership and sustained low interest rates on mortgages.

This chapter contains an interview with Sheikh Nasser bin Abdulrahman Al Thani, Managing Director, Quetaifan Projects.

Articles from this Chapter

Overview

On the market: Robust performance is set to continue, supported by favourable regulations, moderating prices and competitive mortgage rates
OBG
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A steady decline in sale and rent prices since 2016 was accelerated in 2020 with the spread of the Covid-19 pandemic, which led to strong activity in property transactions. The lower prices – reflected in various indices – was not seen as cause for alarm in the sector, however, but a welcome market correction that is allowing Qatari properties to compete with other GCC markets on value. Healthy property trade continued into 2021. While the total value of real estate transactions was lower in…

Interview

Growth enabler: Sheikh Nasser bin Abdulrahman Al Thani, Managing Director, Qetaifan Projects, on post-pandemic opportunities
OBG
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Interview:Sheikh Nasser bin Abdulrahman Al Thani To what extent has the Covid-19 pandemic and the end of the blockade had a tangible impact on the sector’s long-term outlook? SHEIKH NASSER BIN ABDULRAHMAN AL THANI: One trend we have seen as a result of the pandemic is that many families are trying to find independent, separate homes instead of living in more traditional, shared residences. This has boosted both sales and rentals in the market. Another consequence of the pandemic was that…