PROPERTY HUNTER -Hunter Luxury Real Estate has a professional team which is specialized in selling off-plan and under-construction properties whether residential or commercial. The properties can be bought by well-reputed developers in Qatar in the most luxurious areas such as The Pearl and developing area Lusail city with flexible installment plans.
All these data confirm the strength of Qatar's economy and the continued growth of the real estate sector as one of its key components.
Residential Real Estate Market In Qatar
Growth, Trends, And Forecast (2020 - 2025)New York, Dec. 28, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Residential Real Estate Market in Qatar - Growth, Trends, and Forecast (2020 - 2025)" - Utm_source=GNWQatar's population was estimated to cross 2.7 million by the end of 2019.- The potential market for residential units has been further expanded by Law No. 16 of 2018, which was implemented in 2019. apartments for rent in doha
Earlier, non-Qatari investors had temporary holding rights; however, the law allows non-Qatari investors to purchase apartments in Lusail, West Bay, and Onaiza on a freehold title.- Residential supply continues to increase throughout the market, with the completion of new apartment buildings and villa compounds. A relative slowdown in the new demand witnessed a continued decline in the residential rents in most areas.- According to the latest data from the official source, the con-attribution of real estate activities to the country's GDP during the first quarter of 2019 fell by 5.84% to QAR 9.68 billion, as compared to QAR 10.28 billion in the fourth quarter of 2018.-
The overall number of residential sales and the total value of transactions in Qatar in April and May (2019) decreased by 20% and 29%, respectively, as compared to the corresponding months in 2018, while the average price per transaction decreased by 10%. The pace of recovery is expected to improve in the medium term, amid the ongoing investments ahead of the World Cup 2022.- The Qatar Tourism Authority significantly increased the number of visitors on a Y-o-Y basis, and rental levels are now at an affordable level. Rental trends in residential estate vary, based on the type of units.