Apartments and flats for sale in Qatar

Apartments for sale in Qatar

The country in the Persian Gulf is becoming increasingly popular among property buyers, businesspeople, and tourists due to its rapidly growing economy, high standards of living, and unique cultural environment. Infrastructure projects are actively being developed, with new residential and commercial buildings rising, particularly in freehold zones, attracting foreign investors. Specialists from many countries move here due to the development of various economic sectors. The tourism industry also flourishes thanks to modern hotels, cultural attractions, and world-class events.

Buyers have access to a wide selection of apartments, ranging from studios to exclusive penthouses in skyscrapers. Floor plans often include open-plan kitchens, living areas, bedrooms, and bathrooms. Some options come with balconies, terraces, staff rooms, studies, storage rooms, and laundries. Most units are sold with all necessary interior finishes, and some are furnished and equipped with appliances.

Buying an apartment in Qatar is possible in both primary and secondary markets. Innovative residential complexes are being developed, featuring numerous amenities, including gyms, swimming pools, children’s playgrounds, barbecue areas, underground parking, security, CCTV systems, and concierge services.

The country has several popular areas where foreign buyers can purchase an apartment for sale in Qatar in freehold zones, including:

• The Pearl: An artificial island, among the most prestigious places to buy apartments in Qatar. It offers exquisite residences with views of the bay, as well as numerous restaurants, shops, and entertainment venues.
• West Bay Lagoon: A district known for high-class residential complexes. It attracts buyers with its proximity to the business centre of the capital and stunning coastal views.
• Lusail: A new and rapidly developing city poised to become a centre of innovation. It features a variety of residential buildings and numerous commercial properties. Property in this location is available on 99-year leasehold terms with the possibility of extension.
• Al Khor Resort: A serene location ideal for family living. The area offers apartments and villas near the coast, surrounded by greenery.
• Al Dafna: A central Doha district with modern residential and office buildings. It attracts professionals and those seeking a convenient and comfortable place in the metropolis.

The cost of apartments and flats in Qatar depends on the condition of the complex, furnishings, amenities, and location. The most expensive and exclusive units are found in The Pearl, West Bay Lagoon, and Lusail. More affordable options are available in Al Khor.

Reasons for investing in an apartment in Qatar

The region represents an attractive destination for property investors due to economic growth, stable political conditions, and significant investments in infrastructure. According to the International Monetary Fund, GDP growth in 2023 was 1.6%.

The country is actively developing new projects, such as Lusail and The Pearl, offering modern residential complexes with top-class amenities. It gained significant attention thanks to the 2022 FIFA World Cup. The country also hosts major international events, including a Formula 1 race, the World Aquatics Championships, and tennis and golf tournaments. These events boost demand for real estate and drive up property values. In the first two months of 2024, home sales increased by 30% compared to the same period last year.

The liberalisation of property ownership laws for foreigners also enhances the attractiveness of buying apartments in Qatar for investment purposes. Buyers can obtain residence permits and permanent residency, allowing them to work in the country, relocate with their families, and receive government benefits, depending on the amount invested.

The rental market remains stable, influenced by the region’s popularity among tourists and professionals. Most tenants are expatriates working in the oil and gas industry, financial sector, and international corporations. There is a noticeable gap in rental rates between new and old buildings, highlighting the importance of quality residences and modern amenities in complexes.

The average return on investment is 5.61% per year. In Doha, this figure reaches 5.71% annually, and in Lusail, it is 5.52% per year. Rental prices are highest in The Pearl, while more affordable rates can be found in Al Mansoura.

Buying apartments in Qatar

Global Properties is an aggregator offering a wide selection of apartments and villas in Qatar from verified developers and real estate agencies with extensive market experience. The site is continuously updated, featuring listings with current photos and descriptions. Visit the catalogue to sort options by location, number of bedrooms, area, amenities, and cost. The converter will show apartment prices in Qatar in your preferred currency: dollars, euros, Qatari riyals, and others. Fill out a contact form on the portal to have a specialist reach out to you and answer questions about your chosen property and the transaction process.