Qatar's economy is one of the most thriving in the Middle East. High GDP growth and population influx, aided by work opportunities and government policies, are some of the factors propelling the country's residential real estate sector forward. yellow pages usa
With the construction of new apartm ent buildings and villa compounds, residential supply continues to grow across the market. In most places, a downturn in new demand has resulted in a continued decline in residential rents.
The Qatar Tourism Authority has seen a large rise in tourists year over year, and rental prices have fallen to an affordable level. Depending on the type of unit, rental patterns in residential real estate differ. The supply of apartments is likely to be dominated by small units (studios and one-bed units).
There is a huge competition between the residential real estate companies in Qatar. The market is dominated by a few players. The sales proportion of residential real estate properties through online channels has consistently grown, owing to the rising internet penetration, growing demand, increasing personal disposable incomes, surging middle-class youth population, and opportunities offered by government infrastructure investments.
The 19-storey project will host fully-equipped serviced and private residences with breath-taking sea views, offering a unique and luxurious destination on the waterfront
Residents will have access to a wide variety of five-star services and amenities within the building, including a private exclusive beach, with a sun lit indoor and horizon-edged outdoor swimming pools with private cabanas offering maximum levels of privacy and comfort. Additionally, the project will offer a beauty salon, gym, spa with jacuzzi and steam rooms, as well as creative, educational and entertaining activities to cater for little ones. Residents and visitors will also enjoy special culinary experiences across several restaurants and cafes. Moreover, owners will have the ability to enter their property into the hotel rental scheme managed by Four.