<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">Qatar&#39;s real estate is one of the vital sectors of the national economy. This industry gets big support to succeed from the government. Moreover, higher GDP growth is a strong factor in the progress of the real estate market. Thus the future outlook for real estate in Qatar is very strong. However, the outbreak of the COVID-19 pandemic upset the movements of the real estate business. But now, the current trends reveal the charming aspects of this sector.</span></span></span></p>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">Qatar Government Policies Support Enough to Real Estate Market</span></span></h2>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">The latest government policies support the positive change in the investment ratio. In addition, the government has reduced the restrictions on foreign policy regarding the real estate business. Consequently, this state offers good support to initiate the real estate market.</span></span></span></p>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">Foreign Real Estate Ownership Law</span></span></h2>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">The market potential for properties is developing due to the revision of foreign real estate ownership law. According to this law, non-Qatari people can own freehold ownership and leasehold rights for 99 years. This change is creating more property transactions.</span></span></span></p>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">More people are selling and buying different commercial and </span><a href="https://www.saakin.qa/rent/properties-for-rent" target="_blank"><span style="color:#3498db">residential properties in Qatar</span></a><span style="color:#0e101a">, which has modified the state&#39;s real estate market trends. The Council of Ministers has allocated nine specific areas to </span><a href="https://www.saakin.qa/buy/properties-for-sale" target="_blank"><span style="color:#3498db">purchase properties</span></a><span style="color:#0e101a">.</span></span></span></p>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">The freehold areas are,</span></span></h2>

<ul>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">West Bay Lagoon</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">The Pearl Qatar</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Al Khor Resort</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Rawdat Al Jahaniyah</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Al Qassar</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Al Dafna</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Onaiza</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Al Wasail</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Al Kharij</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Jabal Theyleeb</span></span></span></li>
</ul>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">The Rise in Sales and Purchase Transactions</span></span></h2>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">The investors and residents benefit from this situation, and the sale and purchase transaction of the properties is rising day by day. On the other hand, landlords get residency for themselves and their families without a sponsor, and it is a very attractive benefit for foreigners.</span></span></span></p>

<pre style="text-align:justify">
<span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">Read Also: </span></span></span><a href="https://www.saakin.qa/blog/best-property-finder-in-qatar" target="_blank"><span style="color:#3498db">Best Property Finder In Qatar</span></a></pre>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">Remarkable Development in the Whole Region</span></span></h2>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">Qatar is extending its different areas to enlarge the scope of the real estate market. There is a great infrastructure in different projects. The country is engaging commercial lands in new projects. We can see different kinds of evolving works like;</span></span></span></p>

<ul>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Developing infrastructure</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">New real estate projects</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Construction projects</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Construction of new main roads</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Intersections</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Giant road network and bridges</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Advanced means of transportation</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Planning to be a huge global sports arena</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Bridges to serve diversified regions</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Bridges to support the regions outside Doha and far-flung areas</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">The increase in urban areas</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">The development of new cities outside Doha</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">The implementation to increase the volume of property transactions</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Planning Of more residential units in different areas</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Promotion of commercial projects</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Competitive rental rates trends</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Development in the rental sector</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Planning of official and commercial properties</span></span></span></li>
</ul>

<p style="text-align:justify"><img alt="Real Estate Market" src="/upload/blogs/files/Real-Estate-Market.jpg" style="height:532px; width:800px" /></p>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">The Future Perspective of the Real Estate Market</span></span></h2>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">Hence we believe that the future outlook of the real estate industry is very charming and bright. Certainly, growth and recovery are obligatory in the economy. Qatar promotes this sector with continuity as the real estate sector is the main component. It has a firm belief to excel. The real estate sector will rise in the coming years. In addition, the country is providing various options to home buyers and investors.</span></span></span></p>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">A Prominent Change in Residential Properties</span></span></h2>

<ul>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Around 80% of the upcoming residential units and properties are expected in Qatar&#39;s developing areas.</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">The annual growth rate at a compound is 13% during the forecast.</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">The influx of population is supporting it.</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Moreover, the government is creating additional employment options. On the other hand, it is also executing new policies to drive the development of the residential real estate sector in the country.</span></span></span></li>
</ul>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">The Top-List Developing Areas Are;</span></span></h2>

<ul>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">The Pearl</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">West Bay</span></span></span></li>
	<li style="text-align:justify"><span style="font-size:11pt"><span style="color:#0e101a"><span style="font-size:12.0pt">Lusail</span></span></span></li>
</ul>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">The Investment Scope</span></span></h2>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">If we discuss the investment scope of the country, it is very positive. The country is creating more business and investment plans for people. The present situation is important and ideal for </span><a href="https://www.saakin.qa" target="_blank"><span style="color:#3498db">property finders</span></a><span style="color:#0e101a">, Realtors, and investors.</span></span></span></p>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">FIFA World Cup 2022 Influence on the Real Estate Market</span></span></h2>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">As we know, Qatar will host the </span><a href="https://www.dailymail.co.uk/sport/sportsnews/article-10498939/Gareth-Southgate-makes-decision-Englands-base-2022-World-Cup-Qatar.html" target="_blank"><span style="color:#3498db">FIFA World Cup 2022</span></a><span style="color:#0e101a">. It plans to be a full global sports arena to host first-rate tournaments. More likely, it wants to receive millions of sports lovers and supporters.</span></span></span></p>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">It will create great investment ventures and will also elevate tourism. As a result, the rental earnings are increasing, and thus, it ensures that the real estate market index will continue at its high rate.</span></span></span></p>

<h2 style="text-align:justify"><span style="font-size:18px"><span style="color:#0e101a">Future Perspective for Real Estate Trends</span></span></h2>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">The country is looking at likely changes in the real estate landscape. The property trends are going ahead with positive changes. However, the country still needs a strategic plan and deep insight to maintain economic evolution long term. Undoubtedly, the property market is boosting with high spirit.</span></span></span></p>

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">Hopefully, we can say that the region will remain the most vital economic factor in the Middle East. Furthermore, the country will be a key beneficiary for the investors and real estate market.</span></span></span></p>

<pre style="text-align:justify">
<span style="font-size:11pt"><span style="font-size:12.0pt"><span style="color:#0e101a">Read More: </span></span></span><a href="https://www.saakin.qa/blog/why-do-you-invest-in-real-estate-in-qatar" target="_blank"><span style="color:#3498db">Why Do You Invest In Real Estate In Qatar?</span></a></pre>