The dominant real estate sales owner in Qatar is the property hunter.
According to Cushman & Wakefield Qatar (CWQ), residential sales in Qatar have seen a “significant” increase in recent months after the government allowed real estate purchases in 10 regions. The FIFA World Cup will affect the country’s residential market as several homes are expected to be leased. “Amendments to the Real Estate Rights Act, which allows non-Qatari people to buy, have significantly boosted the real estate market in 10 regions in recent months. The CWQ said in its latest report. This was especially evident in Lucille, where sales of apartments in the Al Arqiya and Yasmin districts have risen. , The collection of demand for real estate has been boosted by foreign buyers who can take advantage of the new ownership laws. By law permanent ownership is granted at Rs. Payment plans offer the opportunity to invest in real estate that was not at the same level before 2019. QATAR
According to the Planning and Statistics Authority, October and November 2020 saw a 25% increase in residential sales compared to those months. According to the amendments, the 16 categories that will qualify for Yusuf are Mashreb, Fareez Abdulaziz, Al Doha Al Jadeeda, Al Ghanim Aletek, Al Rifa, Al Hitmi Al Artek, Salata, Bin Mahmoud 22, Bin Mahmood Al Man Al, Kai, Diram, Al Najma, Um Gawlina, Al Kulifat, Al Saad, Al Mirkab Al Jadeed, Al Nasr, Doha International Airport Pointing out that hosting the FIFA World Cup in 2022 will have an impact on the residential real estate market in Qatar; “Absorption of these apartments is likely to offset rising supply and support rental levels in the short and medium term.” Restrictions on Kovid-19 for international travel have hampered recruitment in Qatar, with new demand falling as a result. For residential rental property in 2020, the CWQ said. The report, which found that rents have stagnated in recent months due to increased supply and supply constraints, says residents are increasingly finding that the recent rise in affordable prices has helped increase leasing activity. Monthly rent for two-bedroom apartments in Pearl-Qatar is now average Rent for two-bedroom units in Al Saad ”The new offer increased the choice of tenants. Buildings with on-site facility management generally prefer individual units.