December 2024

Public Warning Issued by Qatar’s Ministry of Interior Regarding Property Rental Scams

Doha, Qatar – The Ministry of Interior (MoI) has issued an urgent warning about a growing trend of fraudulent property rental advertisements appearing online. These scams primarily entice individuals with suspiciously low-priced offers on residential properties and recreational facilities. The MoI emphasizes the importance of exercising caution and conducting thorough due diligence when...

Realty market most dynamic contributor to Qatar’s GDP

Doha: Qatar’s real estate sector is one of the most dynamic contributors to Qatar’s GDP, noted an official. The market’s growth is fueled by the country’s strategic vision, population expansion, and increasing demand for residential, commercial, and industrial properties, said Serban Spirea, Chief Executive Officer of FG Realty adding “We are proud to be part of this transformation by...

Qatar’s thriving realty sector to draw foreign investments in 2025

Doha: The real estate market in Qatar witnessed a tremendously positive outlook in the current year in terms of investments and is expected to carry on in 2025. The forthcoming year is expected to witness increased foreign investments due to ongoing reforms, a thriving real estate market, and the growing reputation of Qatar as a global business hub, remarked an industry expert. Speaking to The...

Bazooka Restaurant and Bin Al Sheikh Holding Company build a Partnership to Launch New Brunch Spot in Bin Al Sheikh Towers

Doha, Qatar — In an exciting collaboration set to enhance the dining landscape of Qatar, Bazooka Restaurant, an esteemed Egyptian brand known for its vibrant flavors and excellence cooking, has officially partnered with Bin Al Sheikh Holding Company. The two companies have closed a deal to open a new brunch location within the prestigious Bin Al Sheikh Towers in heart of Doha. The soft opening...

Realty platforms strengthen Qatar’s growing economy

Doha: As Qatar positions itself to enhance regulation and transparency in the market, the Real Estate Regulatory Authority (Aqarat) has been active throughout the third quarter of 2024, offering various realty projects and platforms bolstering the growing GDP. The Chairman of Aqarat, Eng. Khalid bin Ahmed Al Obaidli, met with real estate developers in July to discuss issues and challenges faced in...

Qatar National Day

Qatar National Day is celebrated on December 18th each year, marking the country's independence and the establishment of the state. It memorializes the day in 1878 when Sheikh Jassim bin Mohammed Al Thani succeeded his father, Sheikh Mohammed bin Thani, as the ruler of Qatar. The day is filled with festive activities, including parades, fireworks, and cultural performances, showcasing Qatar's rich...

Minister of Municipality launches Real Estate Regulatory Authority’s strategy

Doha, Qatar: Minister of Municipality HE Abdullah bin Hamad bin Abdullah Al Attiyah has launched a new strategy intended for developing a thriving real estate ecosystem in Qatar.The Real Estate Regulatory Authority - Aqarat - is part of a national approach to regulate, stimulate and contribute to the development of the real estate sector in line with the Third National Development Strategy...

Qatar National Day celebrations kick off at Katara

Doha: The National Day celebrations of Cultural Village Foundation (Katara) kicked off today, December 15, with participation from various institutions and entities, offering a range of activities catering to visitors of all ages. The events will run until Dec. 18, 2024, along Katara Corniche. The activities include musical performances, the traditional Qatari "Arda" dance, a showcase by Qatari...

Qatar: Realty trading volume exceeds $66mln in last week

Doha: The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice during the period from December 1-5, reached QR174,826,707, while the total sales contracts for the real estate bulletin for residential units during the same period reached QR64,763,879. The weekly bulletin issued by the Department stated that the list of...

Qatar residential market stabilizing as sales value climbs by 12.8% to $989mln

Doha: The total number of sales in Qatar’s residential property market has climbed by 12.6% to 867 deals during Q3, while the total value of sales over between July and September grew to QR3.6bn, equating to a 12.8% year-on-year increase according to global property consultancy Knight Frank’s Autumn 2024 Qatar Real Estate Market Review. Faisal Durrani, Partner – Head of Research, MENA, said:...

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