In Qatar, there is fierce competition among residential real estate firms. A few firms control the market. Because of increasing internet penetration, growing demand, rising personal disposable incomes, a growing middle-class youth population, and opportunities created by government infrastructure investments, the proportion of residential real estate properties sold via online channels has steadily increased. properties for sale
Non-Qataris will invest in selected real estate projects such as the West Bay Lagoon and The Pearl, which is expected to increase foreign investment in Qatar's residential real estate market in the coming years.
The study offers valuable details about the Qatari residential real estate market. It covers technological advances, developments, and government measures in the residential real estate market. In addition, the report provides an understanding of the market's main trends, such as market drivers, market constraints, and market opportunities. The competitive landscape of Qatar's residential real estate sector is also represented through the profiles of the market's main players.The number of towers, malls, gated communities, and luxury villas in the market has risen significantly.
The apartments were delivered in The Pearl, Lusail, Fereej Bin Mahmoud, Old Ghanim, Fereej Abdul Aziz, Musheireb, and Al Dafna, totaling 1,500 units. In addition, 200 new properties were added to the existing stock with the completion of villas and compounds in Al Kheesa, Al Wajba, Umm Salal Ali, and The Pearl.
Five residential towers in Abraj Quartier are approaching completion, totaling more than 2,000 units. Residents are also drawn to Lusail's Marina Area, where the first tower is expected to open, potentially boosting the market's growth in the coming years.
In prime places, villa compounds are seeing high occupancy rates. Rental activity has increased in The Pearl-Qatar and Lusail, resulting in a variety of developments in the region. A large supply of one-bedroom units is expected in the Pearl-Qatar region, widening the gap between one-bedroom and larger bedroom units.