Building a Stable Property Market in Qatar

Rental rates in Qatar have become almost cripplingly expensive and yet the demand for property in Qatar cannot abate as the government’s ambitious plans to expand their economy away from its dependence on oil is drawing record numbers of international citizens to relocate to live and work in Qatar.  For the government, building a stable property market in Qatar has become a priority…

…to that end massive construction projects are underway and according to one leading company in the Qatari real estate sector, The Land, the property market in Qatar could grow by as much as fifty per cent in the next year alone representing almost unrivalled opportunities for property investors.

The Land property developers are principal constructors and partners in the Pearl development which is being managed and marketed by the United Development Company in Qatar.  The company released a statement recently about the effects the government’s recent changes to property ownership rights have had on the property market in Qatar and they see the changes as being entirely positive towards the long term goals of stabilizing the overall real estate market. 

According to the changes made to the property ownership rights in Qatar, foreign buyers can now own freehold title to certain properties in Qatar or buy 99 year leases on others and even bequeath their properties to subsequent generations – this now means that the entire country is receiving stronger levels of international interest, foreign direct investment and overall financial commitment than ever before.

In a report by the Arab Advisors Group’s Financial Markets Research Division entitled ‘Icons of Imagineered Urbanism: Real Estate Development in the Gulf’, report contributor Dr. Samer Bagaeen from the Architecture and Urban Planning department at the University of London commented that “in Qatar, there are expectations that the vast real estate developments under way will lead to a more stable real estate market” and it does seem to be the case that the government are promoting development and construction of property in Qatar in a bid to slow down the sharp division between supply and demand.

At the same time as developing a thriving property and construction market (the third most successful in the GCC region) the government is also diversifying into alternative business fields and promoting tourism in Qatar and all of these developments are having multiple positive effects such as the promotion of the nation among investors and developers and the general attraction of investment and also professional immigrants who are relocating to Qatar to work.

Special Reports: Property News for Qatar

Qatar Property Buying Process for Foreigners
Foreigners now have the right to own freehold property in Qatar so the property buying process is being redefined

Qatar Investment Property Facts
Investment potential in Qatar's property market is currently unrivalled in the Middle Eastern region and attracting unprecedented levels of interest

Qatar: An Introduction for Real Estate Investors
Freehold real estate available to overseas property investor in Qatar is luxurious, iconic and offers massive yield and growth potential.