The Global Residential Real Estate Market Research Report 2020-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Top Companies in the Global Residential Real Estate Market are Al Mana Real Estate, United Development Company, Qatari Diar Real Estate Company, Ezdan Holding Group, Barwa Real Estate Group, Hantawi Group, Sahara Group, Retaj Real Estate, Al Asmakh Real Estate, MD Properties, AL Mal Holdings, Colliers International and Others.
Qatar is one of the most vibrant economies in the Middle East. The high GDP growth, an influx of population supported by employment opportunities and government policies are some of the factors driving the growth of the residential real estate sector. By the end of 2019, Qatar’s population is expected to cross 2.7 million. Assuming all projects are delivered on time, Qatar will comprise of hotel apartments, 300,000 residential units.
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Key Market Trends
Increasing Residential Units Supply in Qatar
There has been rapid growth in the range of towers, malls, gated communities and luxury villas coming onto the market. There is the opening of towers 6 and 7 in Viva Bahriya district in June 2019 including Towers 13 and 14 Viva Bahriya and Tower 21 in Porto Arabia in the coming year.
A mix of 1,700 apartments and villas were added in Q2 2019, bringing the total stock to 294,700 units as of quarter-end. Apartment supply consisted of 1,500 units from delivered projects in The Pearl, Lusail, Fereej Bin Mahmoud, Old Ghanim, Fereej Abdul Aziz, Musheireb and Al Dafna. Completion of villas and compounds in Al Kheesa, Al Wajba, Umm Salal Ali and The Pearl added 200 new properties to existing stock.
In Abraj Quartier, five residential towers are about to complete delivering more than 2,000 units in total. The residents are also attracted to Lusails Marina District as its opening the first tower for the occupation which will, in turn, favor the growth of residential real estate activity in the coming years.
Residential Rents Have Stabilised in Qatar
There has been an increase in leasing activities with rents been stabilized in Qatar after 2015. Villas compounds are enjoying strong occupancy rates in prime locations. Rental activity in Peral Qatar and Lusail has increased leading to various developments in the area. The Pearl Qatar area to have a large supply of one-bedroom units thus widening the gap between one-bedroom and larger bedroom units.
Up to 3 months of the rent-free period were common in Al Wakrah, Lusail, and Doha in the areas of Al Sadd, The Pearl, Mushiereb, New Doha, and many more. The rental level in Lusail is expected to increase over the next 12 months as more residents re-locate to the new city and additional amenities are delivered.
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What are the market factors that are explained in the report?
Executive Summary: It includes key trends of the global Residential Real Estate market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the global Residential Real Estate market based on production and revenue.
Production and Consumption by Region: It covers all regional markets focused in the research study. It discusses about prices and key players besides production and consumption in each regional market.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Residential Real Estate market.
Market Segments: This part of the report discusses about product type and application segments of the global Residential Real Estate market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses about the research methodology and approach Residential Real Estate used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
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