QUICK LINKS: Qatar Guide - Qatar Discussion Forum - Qatar Property Listings

TIP: Want to use the forums? Register your account here!

The vast majority of expatriates living in Qatar rent their accommodation, and since many contracts are just for a few years there has been little incentive in the past for them to buy property there.

However, the Qatari government is now encouraging foreign investors to buy residential accommodation on new luxury developments in Qatar, and for those with the means to do so the potential returns on investment are considerable. Under Qatari law, foreigners are allowed to buy property in specific areas of the country for 99 years, extendable for a further 99 years, and the property is transferable to their heirs. Non-Qatari nationals who buy property in the country will be granted permanent residence there.

The flagship residential development is the Pearl-Qatar, situated on an artificial island off the coast of Doha. This will include 8,000 villas and apartments housing up to 30,000 people, as well as world-class hotels and other amenities. The accommodation is on sale at prices between US$275 for a one-bedroom apartment, to around $500,000 for a large four-bedroom apartment, and the return on investment is expected to be in excess of 10%.

--

Got something to add to this section? Spotted something which should be changed? Please let us know!

Click here to return to the contents page for "Qatar - an expatriate guide."