A delegation from the Pakistan Business Council (PBC) Qatar has visited the Rawah Residence in Lusail, marking a significant milestone in cross-border real estate engagement.
The visit, which included a tour of fully furnished model units, comes at a time when Qatar’s residential market is experiencing a sharp rebound, with transaction values surging by 28.5% year-on-year (y-o-y) in Q1 2026 to reach QR9.2bn.
According to data from the Ministry of Justice and Aqarat, the real estate sector has seen a strong recovery, with the Qatar Central Bank's Real Estate Price Index showing an 8% y-o-y rise in March 2026. The Qatar Central Bank's Real Estate Price Index reached 243.12 points in July 2026, reflecting a 6.81% y-o-y increase, while market transaction data for August 2026 showed continued activity, with 114 residential unit transactions recorded during the month.
For the Pakistani diaspora, which constitutes a significant portion of Qatar's expatriate community, the visit highlighted the tangible benefits of Qatar’s foreign ownership reforms. Under the current regulations, foreign nationals are now eligible for renewable residency permits for themselves and their families when purchasing property.
The delegation’s visit focused on the Rawah Residence, a 17-storey tower located in the Al Kharayej district of Lusail, which is a strategic location—one of the 10 designated freehold zones for non-Qataris. The project, developed by Dar Al Asas Real Estate Developments, offers fully furnished apartments with smart home technology and flexible payment plans.
PBC Qatar chairman Fawad Rana led the delegation of business leaders and community figures during the visit as the reviewed the construction progress, which remains on track for a Q4 2027 delivery.
Rana said: “This visit reflects the growing confidence of the Pakistani business community in Qatar's real estate market. Lusail is not just a development, it is a statement of Qatar's ambition under Qatar National Vision 2030. The Rawah Residence offers our community a secure, high-quality investment avenue with clear legal protections and attractive returns.
“I am particularly encouraged by the transparency of the foreign ownership framework and the professionalism of the developer. This is exactly the kind of partnership that deepens bilateral economic ties."
Market analysts point to Lusail as the standout performer in Qatar's property landscape. Average apartment prices in Lusail have risen 1.5% y-o-y to approximately QR10,330 per square metre. A two-bedroom unit in the Rawah Residence, for instance, is currently listed at QR2.07mn, reflecting the premium for luxury, fully furnished assets in the city.
PBC Qatar president Mohammed Israr Malazi emphasised the strategic alignment between the community's investment goals and Qatar's economic diversification agenda.
He said, “For decades, the Pakistani diaspora has contributed to Qatar's growth. Today, we are moving from being contributors to being stakeholders. The reforms under Law No 16 of 2018 have opened a door that was previously closed, allowing families to own property, secure renewable residency, and plan for the long term.
“The Rawah Residence is a flagship example of how this policy translates into real opportunity. I encourage our community members to explore this and similar projects in designated freehold zones, because this is not just about buying a home; it is about investing in a shared future.”
For the Pakistani community in Qatar, the visit to Rawah Residence represents more than just a real estate opportunity – it signifies a deepening of economic ties and a commitment to long-term settlement in the country.
As the market continues to mature, with developers aligning new supply to meet demand and rental yields holding steady at 5.17% nationally, Lusail remains a focal point for sustainable growth, reinforcing Qatar National Vision 2030's goal of building a diversified, knowledge-based economy supported by a dynamic and sustainable real estate sector.
