Qatar’s hosting of major sporting events has opened a window for the world to have a glimpse into the mystique and grandeur of its high life and world-class infrastructure. Considered one of the most affluent countries in the world with a population of 85% expats from more than 100 countries, arguably it’s a multi-racial cosmopolitan melting pot.
The Qatari government in the year 2020 enacted laws where foreign nationals could buy freehold and leasehold properties in designated areas. Purchase of property over a million comes with an offer of permanent residency which includes perks like health benefits, education and some exclusive investment rights. The upcoming projects in Qatar are the direct result of the growing demand for the estate market.
The iconic stadiums constructed for the World Cup, the Mediterranean-style marina with yachts, the cutting-edge skyscrapers and the luxurious living experience of Doha and its elegant neighbourhoods have been attracting tourists and investors alike.
Top A-list neighbourhoods around Doha
Lusail City
One of the most technologically advanced smart cities in the country with a sustainable developmental structure. It offers smart homes which are built around eco-friendly mechanisms and green spaces.
Here are a collection of up and coming projects in Lusail City, which offer a diverse range of sustainable and green living choices for investors.
Yasmeen Boulevard
A perfect combination of lifestyle, peace, beauty and luxury. It is a trending project which houses luxury hotel apartments with temperature controlled swimming pools, gym, and gardens. It is a fully furnished apartment type with retail and shopping spaces on the first floor. The community would include schools, nursery, healthcare and entertainment facilities.
La Mer Tower and Villas
Built right at the coastline in Lusail, is one of a kind project within a few minutes from the largest waterpark in the Middle East, surrounded by international hotels and tourist spots. The villas come with a sea or beach view. The semi furnished flats and villas come with coffee shops, Boutique hotels, a kids' play area, gymnasium.
Orjuwan Tower
Based in the heart of Lusail, with a spectacular view of the city, it is one of those projects which offers the best amenities at attractive prices. These luxurious apartments come equipped with fully fitted kitchen appliances and stunning bathroom fixtures and accessories, a gym, a swimming pool, landscaped parks, and a kids' play area.
The Seville Residence - Fox Hills
Situated in the heart of fox hills, Seville Residence is a fusion of Spanish and Roman architectural designs. Seville Residence is not only a piece of art but also features some high-powered amenities, such as a Landscape Garden, Children's Play area, Secured parking, 24*7 Security service, and Concierge services.
Entertainment City
All set to be an iconic destination with its Theme Parks and Water parks, theatres, luxury hotels and more developments underway to keep up with The National Vision of Qatar 2030. The Entertainment City is planned to contain 2,000 residential units, 11 hotels, a cineplex, nightclubs, theme parks, and shopping centres.
Erykah District - R5
The R5 residential building is being built for the purpose of sustainable and healthiest living standards in the Erykah District, Lusail. This development will have 28+G+9 floors with around 55 apartments for residential and service use. The development will be surrounded by a breathtaking landscape featuring 2 major entry points of the Erykah District.
The upcoming project is specially designed to include top notch residences with open spaces, wellness and healthcare facilities.
The Pearl Qatar Island
An exquisite man-made island built on 4 million square ft of reclaimed land near the West Bay in Doha. The Pearl is a tasteful blend of architectural magnificence and an enchanting Mediterranean appeal. The playground of the super-rich, it houses luxury boutiques, designer showrooms, hotels, villas and a world-class shopping experience.The plazas and squares are a pedestrians joie de vivre.
Qanat Quartet located at the Pearl is a neighbourhood with Venetian-influence canals and classic pastel shade buildings, alleys and lanes with quaint cafes, and gondola rides earning its nickname ‘Venice of Qatar’ and ‘Arabian Riviera’.
A stroll under the palm-lined trees of Medina Centrale or a sideboard walk at the Porto Arabia Marina, a view of the calm waters under the Mediterranean Sun is a slice of paradise to be relished again and again.
Gewan Island - Crystal Residences
The ethereal magic of the Pearl makes it one of the top places for estate investments and tourism in the middle east. Gewan Islands is our top pick for fantastic estate investments in The Pearl. Built with futuristic and top cutting edge intelligent technologies for ultimate comfort and luxury, it is truly a quintessential international project with a beautiful mix of native flavours.
The Corinthia Gewan Island is a beach clubhouse with sea chalets and dining spots. The Island boasts a nine hole golf club, spread over 6 hectares of greenland, and a promenade which has climate controlled walkways for cyclists and strollers.
West Bay
Milos Residence
A new project surrounded by a golf club near Lagoona Mall in West Bay is built with a sustainable and healthy lifestyle, providing immersive leisure and luxury living.
Why invest in Qatar?
The fast-growing economy of Qatar and its investment-friendly estate regulations have turned it into an investor’s haven. Permanent residency, full profit repatriation, liberal immigration and employment are a few factors that make the Qatari estate market a thriving and profitable venture.
A high rental return on residential plots leads to an ever-increasing demand. According to sources, approximately QAR12 billion has been earned in residential transactions in 2021. Investors, therefore, have extremely lucrative returns after investing in Qatar.
What the future holds
Qatar is one of the best countries to work and live in. It has also won the bid to host the Asian Cup in 2030, and sporting events have increased interest in Qatar’s upcoming projects. A well-modulated environment, a variety of choices of international quality luxurious properties, a stable economy and open culture will continue to boost the real estate market in the coming years.
If you are considering diving into Qatar’s estate market then look no further and contact us at +974 6644 2525 or drop an email at info@25spaces.com.
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