Demand on Properties in Qatar on the Rise

Thursday, 22nd September 2016

Demand on residential units and office spaces in Qatar has witnessed a 17% increase compared to last year, reported Arabian Business.

The increase came after a slowdown in the summer, according to DTZ, a Qatari real estate company that also stated that most attention was focused on furnished two-bedroom apartments in the range of $2,500 to $3,430, followed by requests on one-bedroom apartments.

Others focused on unfurnished four-bedroom villas located within gated communities, while office space has sparked attention from the private sector, which sought office spaces of 250-500 square meters.

The increase in demand resulted from returning Qatar expatriates, according to Edd Brookes, the General Manager of DTZ, who added that the summer slowdown was due to seasonal fluctuations and corporate restructuring exercises, according to Zawya.

Share your thoughts

Please Enter This Code: