Over the past decade, Qatar has witnessed rapid economic development and demographic changes. High economic growth of the region resulted in influx of expatriates, which in turn increased the total population of Qatar. High population growth coupled with highest per capita income fuelled the demand for Qatar residential real estate over the past decade. Even though the onset of global financial crisis in 2008 led to the decline in the real estate activity in the Qatar, Qatar residential real estate markets rebounded to stable state due to efforts of governments after 2013. The demand for residential units in Qatar is expected to increase till 2022. Qatar residential market is largely undersupplied and the demand supply gap is expected to widen in the coming years. Doha's rental yields are also high compared to cities in the other regions in the world.
The report provides details about the types, share and size of Qatar residential real estate property. The report analyses the growth drivers, the challenges faced by the residential sector in Qatar and the need for more affordable homes in the country in future. The various factors affecting the demand and supply of residential units in affordable and premium segments are analysed. The major players in Qatar, namely, Barwa Real Estate Company, United Development, Ezdan Holding group and Mazaya Qatar Real Estate Development are analysed in detail.