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Saturday, November 08, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "real estate" (20 articles)

Gulf Times
Business

Qatar, Egypt sign deal to implement $29.7bn urban development project

Qatari Diar Real Estate Investment Company signed an investment partnership agreement with Egypt's New Urban Communities Authority to implement an integrated urban tourism project according to the highest international standards, in the Alam El Roum area on the North Coast of Matrouh Governorate.The project extends over an area of ​​around 4,900 acres and along 7.2km of Mediterranean beaches, with total investments estimated at more than $29.7bn.The signing ceremony was attended on the Egyptian side by Prime Minister Dr Mostafa Madbouly, Minister of Finance Dr Ahmed Kouchouk, and Minister of Housing, Utilities, and Urban Communities Sherif El Sherbini.On the Qatari side, it was attended by His Excellency Minister of Municipality and Chairman of the Board of Directors of Qatari Diar Abdullah bin Hamad bin Abdullah al- Attiyah, CEO of Qatari Diar Ali Mohammed al-Ali, and Chief Development and Project Delivery Officer — Asia and Africa at Qatari Diar, Sheikh Hamad bin Talal al-Thani.The project aims to transform Alam al-Roum into a comprehensive tourism and investment destination, encompassing residential, tourist, commercial, and service areas. It will feature upscale residential complexes and neighbourhoods, tourism and entertainment projects, open artificial lakes, golf courses, and a marina for yachts, including one international and two inland local marinas. The project will also include a complete infrastructure, such as a service free zone, electricity distribution and water desalination and treatment plants, hospitals, schools, universities, and several government offices.Stretching along a 7.2 km waterfront, the project is expected to be one of the largest development projects in the region and is anticipated to attract investments, boost economic growth, and create both direct and indirect job opportunities.The agreement includes a cash price of $3.5bn and an in-kind consideration of 396,000 square meters of built-up area, the sale of which is expected to generate revenues of at least $1.8 bn. In addition, 15 % of the project's profits will be allocated to the New Urban Communities Authority after the company recovers its full investment costs. These profits include the output of the company and its subsidiaries.The land use within the project is distributed as follows: residential land constitutes approximately 60 % of the total area, 15 % is allocated to service areas, and 25 % to roads, squares, and open green spaces. The project land will be delivered free of any encumbrances in two main phases and several sub-phases.In this context, Dr Mostafa Madbouly emphasised that this agreement represents a major investment partnership reflecting the depth of the fraternal relations between Egypt and Qatar. He said that it is an important step in strengthening economic and investment cooperation between the two countries, given the distinguished relationship between President Abdel Fattah al-Sisi and His Highness the Amir Sheikh Tamim bin Hamad al-Thani. He added that the partnership embodies the vision of both leaderships for integrated economic cooperation that contributes to supporting sustainable development and attracting high-quality investments to the Egyptian market.He noted the government's commitment to removing any obstacles facing investors and its keen interest in partnering with Qatar on this project, which is one of the largest Arab investments in the real estate and tourism development sector and reflects investor confidence in the Egyptian economy.For his part, HE Abdullah bin Hamad bin Abdullah al- Attiyah said that the project represents a strategic step toward enhancing the status of Egypt's North Coast as a comprehensive global destination, and embodies Qatar's commitment as a partner in supporting the Egyptian government's efforts to achieve sustainable development and year-round operation of coastal areas.The project represents one of the most prominent investment ventures in the region, with a total investment of approximately $29.7 bn, he said, noting that this is expected to provide more than 250,000 direct and indirect job opportunities.HE Minister of Municipality and Chairman of the Board of Directors of Qatari Diar added that the project also reflects Qatari Diar's confidence in the strength of the Egyptian economy and its belief in the value of investing in Egypt's unique geographical location.Speaking to Qatar News Agency following the signing of the deal, CEO of Qatari Diar Ali Mohammed al-Ali emphasized that the "Alam al-Roum" project represents a new step in developing luxury destinations in Egypt, as part of a series of strategic investments targeting high-value tourist destinations. He added that the project will be a landmark in the development of the North Coast and a global destination that will redefine tourism standards on the Mediterranean through development spanning more than 20mn square meters and boasting over 4,500 hotel rooms.He indicated that the project will be implemented by a special-purpose project company wholly owned by Qatari Diar, in coordination with the New Urban Communities Authority to ensure the design adheres to the highest international standards.

Gulf Times
Qatar

Chairman of Aqarat says real estate development dispute resolution committees strengthen investment environment and support market stability

Chairman of the Real Estate Regulatory Authority (Aqarat) Eng. Khalid Ahmed Al Obaidli affirmed that the issuance of Decision No. 166 of 2025 by His Excellency Minister of Municipality Abdullah bin Hamad bin Abdullah Al Attiyah, appointing the chairperson and members of the Real Estate Development Dispute Resolution Committees, underscores the State of Qatar's commitment to enhancing the real estate investment environment and developing mechanisms for resolving real estate disputes. Al Obaidli said on this occasion that these committees will play a pivotal role in settling disputes that may arise between investors, developers, and other stakeholders in the real estate sector, ensuring the speedy resolution of cases and achieving prompt justice, in accordance with the provisions of Law No. 6 of 2014 on Real Estate Development Regulation, as amended by Law No. 5 of 2023. The Chairman of the Chairman of the Real Estate Regulatory Authority added that this decision represents significant support for the Authority's efforts to consolidate stability and transparency in the real estate market, contributing to strengthening investor confidence and achieving the goals of Qatar National Vision 2030. He pointed out that Aqarat seeks to organize and stimulate the sector and contribute to its development in line with the sustainable development goals of Qatar Vision 2030, by achieving integration between governance and regulation, addressing challenges facing the sector, and protecting the rights of all parties involved in the real estate ecosystem. He also clarified that the Authority works in collaboration with relevant partners to establish the necessary regulatory frameworks and policies to advance the real estate sector and ensure compliance with them, overseeing the licensing of real estate developers, development projects, and companies operating in this field.

Gulf Times
Business

Qatar Real Estate transactions reach QAR 755 million in a week

Real estate transactions in Qatar totaled QAR 755.677 million between October 12 and 16, 2025, according to the Ministry of Justice’s latest weekly report.The Real Estate Registration Department said sales worth QAR 718,453,909 were recorded in registered property contracts, while residential unit transactions amounted to QAR 37,224,019.The traded properties included vacant land plots, houses, residential buildings, residential complexes, commercial shops, an administrative building, and residential units.Sales were concentrated in the municipalities of Al Wakra, Al Rayyan, Doha, Al Daayen, Umm Slal, Al Shamal, Al Khor and Al Thakhira, and Al Sheehaniya, as well as in areas such as The Pearl Island, Al Kharayej, Lusail 69, Al Mashaf, Al Wukair, and Umm Al Amad.During the previous week, between October 5 and 9, the total value of real estate transactions exceeded QAR 555 million.

Gulf Times
Business

QSE Index opens higher

The Qatar Stock Exchange (QSE) general index opened higher on Wednesday, gaining 36.34 points, or 0.34%, to reach 10,782 points at the start of trading, compared to the previous session's close. The rise was driven by gains across most sectors. Telecommunications led the advance with an increase of 1.0%, followed by Banks and Financial Services (+0.39%), Transportation (+0.17%), Consumer Goods and Services (+0.14%), Industrials (+0.12%), and Insurance (+0.02%). The Real Estate sector was the only decliner, edging down 0.01%. By 10:00 am, QSE reported a turnover of QR 43.17 million from 19.66 million shares traded across 3,224 transactions.

Gulf Times
Business

QSE Index opens higher

The Qatar Stock Exchange (QSE) index rose to 10,873 points at the beginning of Monday's trading, up 0.31%, or 33.44 points, compared to the previous session's close, supported by gains in six sectors. According to figures released by the QSE, Transportation went up (+0.82%), Real Estate (+0.50%), Consumer Goods and Services (+0.46%), Banks and Financial Services (+0.23%), Industrials (+0.14%), and Telecoms (+0.09%). Meanwhile, Insurance went down (-0.08%). As of 10:00 am, trading volume totaled 36.888 million shares, with a turnover of QR 71.389 million across 3208 transactions.

Gulf Times
Business

Barwa sells land plot in Bahrain

Barwa Real Estate Group has sold a land plot in Bahrain Bay, owned by GHIC Real Estate, a wholly-owned subsidiary of Barwa Real Estate.Under the agreement, the sale of the 12,478 sqm plot will be completed according to the terms set forth in the agreement, Barwa said in a mandatory regulatory filing with the Qatar Stock Exchange.This transaction is part of Barwa Real Estate’s strategy to optimise its portfolio performance and divest non-income-generating assets, positively affecting the group’s financial indicators and contributing to sustainable growth in shareholder returns."There are no conflicts of interest among the contracting parties in this agreement," the filing said.

Aqarat president Khaled Ahmed al-Obaidli delivering the opening speech during the third edition of the Qatar Real Estate Forum. PICTURE: Thajudheen
Business

3rd Qatar Real Estate Forum launched

Qatar’s real estate market has shown resilience and “record achievement” amid global economic challenges, Qatar Real Estate Regulatory Authority (Aqarat) president Khaled Ahmed al-Obaidli announced Sunday at the opening of the ‘Qatar Real Estate Forum 2025’.The forum, now in its third edition under the theme ‘Aqarat’s Future’, was officially launched by HE the Minister of Municipality Abdullah bin Hamad bin Abdullah al-Attiyah, in the presence of high-level officials from Saudi Arabia and other GCC countries, including regional and international developers and investors.In his opening speech at the forum’s third edition, al-Obaidli emphasised that the country’s real estate sector continues to maintain “its position as one of the most valuable assets” of Qatar, “despite the accelerating challenges facing the global economy”.“The Qatari real estate market sustained its strong performance through the end of the third quarter of this year, achieving a 54% increase in registered sales transactions and a 41% increase in total sales value compared to last year — a record achievement,” al-Obaidli emphasised.He also announced that Aqarat has issued licenses to 19 real estate developers, citing the authority’s launch of its strategic plan in December 2024. He said by H1-2025, “all relevant legislations were activated to support the achievements of the state’s goals.”“Furthermore, training programmes are being developed to enhance the capabilities of Qatari professionals and practitioners in the real estate field, including brokers, valuers, and property managers, in collaboration with local and international institutes and universities,” al-Obaidli pointed out.According to al-Obaidli, Aqarat also launched the ‘Real Estate Investor Journey’, in collaboration with national ministries and institutions, to further enhance investor experience.He noted that the initiative enables individuals to obtain property ownership documents and residency permits through a single, user-friendly digital platform powered by artificial intelligence (AI), underscoring Aqarat’s leadership in innovation and service excellence.“In promoting Qatar’s unique real estate investment environment, the authority is also implementing an integrated plan to showcase the Qatari real estate market globally, reinforcing Qatar’s position as an international investment destination,” he stated.Al-Obaidli stressed that Saudi Arabia’s participation in the forum as a “guest of honour” highlights the symbolic and deep-rooted ties between the two Gulf nations, as well as shared aspirations for the real estate sector.He said: “We are honoured this year to welcome the Kingdom of Saudi Arabia as the ‘Guest of Honour’, reflecting the deep-rooted Gulf relations and the shared vision for a prosperous real estate future. We are also pleased to announce that the first meeting of the GCC Heads of Real Estate Authorities was held in Doha on October 11, 2025, in conjunction with the forum’s events.”Al-Obaidli also opened the forum with a strong message of regional co-operation: “We firmly believe that the future of the real estate sector is built on partnerships and regional integration. We look forward to constructive discussions and actionable outcomes that will contribute to advancing real estate development in Qatar and the wider region.”He said the forum will be highlighted by the launching of the ‘Qatar Real Estate Award’, which he described as “a prestigious national platform” aimed at honouring outstanding achievements that align with the goals of Qatar National Vision 2030. The winners will be announced during the forum’s activities, which will run until October 14 at the Doha Exhibition and Convention Centre (DECC), al-Obaidli added.

Engineer Khaled bin Ahmed al-Obaidli, chairman of the Qatar Real Estate Regulatory Authority. PICTURE: Thajudheen
Business

Qatar Real Estate Forum to showcase digital innovation, global partnerships

Qatar’s massive investments in innovation and digital technologies will have a positive impact on the country’s property market, which is poised to become a regional real estate destination.Engineer Khaled bin Ahmed al-Obaidli, the chairman of the Qatar Real Estate Regulatory Authority (Aqarat), emphasised that the country’s real estate sector is undergoing a digital transformation aimed at simplifying investor experience and positioning Qatar as a regional hub for property development.Al-Obaidli explained that the use of artificial intelligence and digital platforms is essential for the sector’s future. “We want people’s experience to be easy, clear, and user-friendly,” he told Gulf Times, describing a vision where AI-powered systems guide users through property selection based on budget, family size, and location.“It should even direct a potential client to what the possibilities and good investments that would be worth exploring in Qatar, al-Obaidli pointed out.He also confirmed that Aqarat, along with other government ministries, is investing heavily in developing such platforms. “We are in the process of developing AI-powered platforms, AI agents, and other similar innovative technologies,” he explained.Al-Obaidli emphasised that the third edition of the Qatar Real Estate Forum will feature Saudi Arabia as the “host country.” The event will also introduce the ‘Qatar Real Estate Award 2025’.More than 50 experts from Qatar and abroad are expected to share insights during the forum, which will run from October 12 to 14 at the Doha Exhibition and Convention Centre, alongside Cityscape Qatar 2025, al-Obaidli noted.“We hope for more partnerships between our local companies and the international companies that are expected to participate in this year’s edition. We aim to provide a platform where landmark iconic ideas can be transformed into reality,” al-Obaidli said.He also said the Qatar Real Estate Forum is designed to facilitate collaboration, spark innovation, and deliver new products for Qatar and the wider Gulf region. “The third edition, organised under the theme ‘Aqarat’s Future’, continues to build on the success of the two previous editions, solidifying the forum’s position as a strategic platform that brings together decision-makers, experts, and investors,” he said.Earlier, al-Obaidli announced that Aqarat is positioning the Qatar Real Estate Award 2025 “as a strategic initiative to enhance regulatory impact and promote excellence across the country’s property sector.”In a statement, Aqarat described the Qatar Real Estate Award 2025 as "a dedicated platform to celebrate excellence and innovation” in Qatar’s real estate sector. “The award aims to honour pioneering projects and innovative ideas that enhance Qatar’s position as a leading global investment destination, in line with Qatar National Vision 2030,” Aqarat stated further.The award categories include ‘Best Residential Project’, which is evaluated on quality of life elements, building classification, green space ratio, community services and amenities, public utility integration, and resident satisfaction metrics.The ‘Best Sustainable Urban Development Project’ is assessed through architectural plans, construction materials, environmental certification (GSAS or LEED), efficiency reports, smart systems, EIA studies, and readiness for future technologies.The ‘Best Commercial/Office Real Estate Project’ is judged on work environment, digital infrastructure, proximity to business hubs, interior flexibility, and integration with public services.The ‘Best Rest Estate Investment’ award is based on feasibility studies, ROI indicators, occupancy/sales rates, market contribution, job creation, operations and maintenance (O&M) and expansion plans, and connectivity and integration with public utilities and community services.

Aqarat chairman Khaled bin Ahmed al-Obaidli
Business

Aqarat leverages real estate award event to raise industry standards, drive innovation

The Real Estate Regulatory Authority (Aqarat) is positioning the ‘Qatar Real Estate Award 2025’ as a strategic initiative to enhance regulatory impact and promote excellence across the country’s property sector.Aqarat recently announced the launch of the awards event, which will be held alongside the third edition of the ‘Qatar Real Estate Forum’, organised by the authority from October 12-14 at the Doha Exhibition and Convention Centre (DECC).In a statement, Aqarat described the ‘Qatar Real Estate Award 2025’ as “a dedicated platform to celebrate excellence and innovation” in Qatar’s real estate sector. “The award aims to honour pioneering projects and innovative ideas that enhance Qatar’s position as a leading global investment destination, in line with Qatar National Vision 2030,” Aqarat stated further.The award categories include ‘Best Residential Project’, which is evaluated on quality of life elements, building classification, green space ratio, community services and amenities, public utility integration, and resident satisfaction metrics.The ‘Best Sustainable Urban Development Project’ is assessed through architectural plans, construction materials, environmental certification (GSAS or LEED), efficiency reports, smart systems, EIA studies, and readiness for future technologies.The ‘Best Commercial/Office Real Estate Project’ is judged on work environment, digital infrastructure, proximity to business hubs, interior flexibility, and integration with public services.The ‘Best Rest Estate Investment’ award is based on feasibility studies, ROI indicators, occupancy/sales rates, market contribution, job creation, operations and maintenance (O&M) and expansion plans, and connectivity and integration with public utilities and community services.Aqarat is inviting all real estate developers, consulting firms, and contractors to nominate their outstanding projects to Deadline for submission is on October 7, 2025.In his official message on the forum’s website, Aqarat chairman Khaled bin Ahmed al-Obaidli emphasised the broader significance of the forum and its alignment with Qatar’s national development goals.“The third edition also places strong emphasis on the pivotal role of government in shaping the sector. It highlights recent legislation and policies designed to create a safe and stimulating real estate environment, strengthen investor confidence, and establish a robust regulatory framework that ensures sustainable and well-organised growth, aligning with the goals of Qatar’s Third National Development Strategy 2024–2030,” al-Obaidli stated.He noted that this year’s edition will be devoted to the investor journey by reviewing the stages of investment and the best practices “that help investors maximise the promising opportunities offered by Qatar’s real estate market.”“Forum sessions will further examine ways to streamline procedures and enhance the overall investor experience, reinforcing Qatar’s position as a leading real estate investment destination distinguished by transparency, efficiency, and ease of doing business,” he pointed out.Al-Obaidli added: “In light of global transformations, this forum will feature a dedicated section on the latest digital innovations revolutionising the sector, including smart platforms and advanced data analytics.“These technologies play a vital role in enhancing transparency, facilitating investment, and unlocking new horizons for growth in Qatar’s real estate landscape. Moreover, the forum will highlight the most prominent projects that are shaping the future of the sector and defining Qatar’s urban and economic development trajectory.”

UDC President and CEO Yasser Salah al-Jaidah.
Business

UDC reinforces Qatar’s investment appeal ahead of real estate forum

United Development Company (UDC) is sharpening its strategic focus to bolster investor confidence and drive economic diversification in Qatar’s real estate sector, ahead of the third edition of the Qatar Real Estate Forum, scheduled on October 14-16 at the Doha Exhibition and Convention Centre (DECC).“We have refined our mission, vision, and value promise, not as a departure from our strengths, but as a necessary shift to align with the opportunities and challenges ahead. Investor confidence comes from knowing that a company is not only resilient today but also prepared for the future,” UDC President and CEO Yasser Salah al-Jaidah told Gulf Times in an exclusive interview.He said: “At UDC, we are applying our strategic choices to make that confidence tangible while delivering projects with consistency, diversifying our offerings to serve different market segments, and embedding sustainability and innovation into everything we do.”As the forum’s Platinum Sponsor, al-Jaidah emphasised that UDC is leveraging its strategic choices to deliver consistent project execution, diversify its offerings, and embed sustainability and innovation across its portfolio.“The message to investors is clear: UDC is future-ready,” al-Jaidah stressed, adding that the company is “building with long-term value in mind, and in doing so, reinforcing Qatar’s reputation as a stable and attractive real estate market, even in a shifting global economy.”Al-Jaidah emphasised Qatar’s political stability, sustained economic growth, and a clear legal framework that supports foreign ownership as key factors driving investment.“Within this landscape, The Pearl Island and Gewan Island have become more than real estate projects; they are destinations that embody Qatar’s ambition for world-class urban living,” he pointed out.He said, “What sets them apart is the combination of iconic architecture, premium lifestyle amenities, and state-of-the-art infrastructure, all anchored by an unrivalled waterfront setting. Investors are drawn not only to the strength of the assets, such as rental yields and long-term capital appreciation, but also to the quality of life these communities provide.“Ultimately, The Pearl and Gewan are proof of concept that in Qatar, investment in place-making can deliver both financial returns and vibrant, sustainable communities. That is the true appeal of investing with UDC.”Al-Jaidah underscored the importance of stakeholder collaboration in overcoming sector challenges: “Real estate is too complex to be solved in silos. At UDC, we work hand-in-hand with government agencies, financial institutions, contractors, and community representatives to ensure alignment from concept to completion.”He added that trust is built through transparent communication and consistent delivery. “We reinforce this with joint initiatives, regular engagement sessions, and shared performance metrics, so that stakeholders see themselves as partners in success, not just participants in a project,” he stressed.Speaking on market trends, al-Jaidah said Qatar’s luxury real estate segment remains “remarkably resilient,” where rents for premium apartments continue rising, particularly in prime districts like The Pearl and West Bay.Citing published data, al-Jaidah said residential sales are also seeing renewed momentum. “In Q1 2025, transaction volumes rose by 13.2% quarter-over-quarter, with sales values in areas such as The Pearl and Al Qassar jumping by over 50%,” he continued.He further said, “These trends reflect a growing appetite for mixed-use, sustainable, and tech-enabled living. In response, The Pearl Island and Gewan Island are positioned not just to keep pace with these shifts, but to lead them.”Asked about UDC’s strategic priorities for the next five years, and how the Qatar Real Estate Forum help advance those goals, al-Jaidah said: “At UDC, we are committed to creating inspiring destinations that provide lasting value and exceptional experiences. This is achieved through our focus on cost competitiveness, excellence and innovation, ensuring our projects meet and exceed stakeholder expectations.”He added: “The Qatar Real Estate Forum is an ideal platform to advance these goals. It allows us to engage directly with policymakers, investors, and peers, share our outlook for The Pearl Island and Gewan Island, and build partnerships that accelerate progress. For UDC, it’s about turning vision into action by creating destinations that not only inspire but also deliver lasting value for Qatar and beyond."

Gulf Times
Business

Real Estate trading volume at QR 394 million in a week

The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from Sep. 14 to 18, 2025 reached QR, 369,302,924. Total sales contracts for residential units in the Real Estate Bulletin for the same period is QR, 24,648,963. The weekly bulletin issued by the Department shows that the list of real estate properties traded for sale included empty land, houses, residential buildings, and residential units. Sales were concentrated in Doha, Al Rayyan, Al Wakra, Al Daayen, Al Shamal, Umm Slal, Al Khor and Al Thakhira municipalities, and in Lusail 69, Al Kharayej and Ghar Thuaileb zones.

Gulf Times
Region

Palestine warns against Israeli entity's calls to treat Gaza Strip as real estate

The Palestinian Ministry of Foreign Affairs warned on Thursday of the danger of provocative Israeli calls to treat the Gaza Strip as real estate for sale, division, or allocation. The ministry considered this a continuation of the crimes of genocide and displacement, and an official admission of the occupation's intentions to completely destroy the Gaza Strip and transform it into a land unfit for human habitation. It also clearly reveals plans to displace its population. The ministry condemned in a statement the Israeli occupation's escalation of genocide and the use of starvation as a weapon of war. It affirms that the Gaza Strip is an integral part of the State of Palestine, in accordance with international law and legitimacy resolutions, and rejects all calls that treat the Strip as a mere empty land, as if it were up for sale or piracy at the auction of racist colonial rulers. The ministry warned of the dangers of international inaction and failure to halt these crimes and protect Palestinian civilians, calling for immediate intervention to compel the Israeli occupation government to halt its aggression against the Palestinian people and to salvage whatever remains of the credibility of the international system and those responsible for implementing its charters and laws.