- Real Estate is a strategic aim of the Qatari Government
- The industry is in its infancy but shows signs of long term sustainable growth
- Foreign ownership laws in 2004 attracted outside investment and the development of more residential property
- Demand is in excess of supply and looks to continue in the short to medium term, leading to excessively high rental prices
- The government is the regulator for all real estate activities and is also a large stakeholder through ownership of companies and shareholding
- Buoyant energy prices will support the future growth of the Real Estate industry
The real estate industry is of strategic importance in Qatar's national initiative to develop a vibrant and diverse economy in what has become one of the world's wealthiest countries in per capita GDP.
The catalyst for laws allowing foreign investment in property and construction was the realization that the wealth generated by increasingly more expensive oil and gas could be capitalized upon, and to improve and develop infrastructure and diversify the economy.
In attracting domestic and foreign investments into real estate, Qatar aims to transform itself into a quality destination for tourism, lifestyle, sport and education.