Qatar Residential Real Estate Market Analysis by Mordor Intelligence
Qatar residential real estate market is valued at USD 13.45 billion in 2025 and is projected to reach USD 19.45 billion by 2030, expanding at a 7.15% CAGR. Demand is anchored by post-World Cup infrastructure, liberalized foreign-ownership rules and a permanent-residency‐for-investment program that links property purchases above QAR 730,000 to long-term visas[1]Nasser Al-Khater, “QAR 730,000 Residency Threshold Guidelines,” Real Estate Regulatory Authority, aqarat.gov.qa. Rising tourism, government-backed mortgages for nationals and the forthcoming 2030 Asian Games further reinforce owner-occupier and rental demand. At the same time, oversupply in mid-tier apartments and higher building-material costs continue to pressure yields and margins. Developers therefore pivot toward premium villas, mixed-use megaprojects and technology-driven sales channels to sustain growth in the Qatar residential real estate market.
Key Report Takeaways
• By property type, apartments held 66% of the Qatar residential real estate market share in 2024, whereas villas and landed houses are forecast to grow at a 7.36% CAGR through 2030.
• By price band, the mid-market segment commanded 51% of the Qatar residential real estate market size in 2024; the luxury segment is advancing at a 7.45% CAGR to 2030.
• By business model, primary (new-build) sales captured 59% revenue of the Qatar residential real estate in 2024, while rentals record the fastest projected CAGR at 8.08% through 2030.
• By mode of sale, sales transactions accounted for 61% of the Qatar residential real estate in 2024; the rental mode is rising at an 8.08% CAGR on the same horizon.
• By municipality, Doha controlled 70% market share of the Qatar residential real estate in 2024; Al Daayen and Lusail are set to expand at an 8.22% CAGR to 2030.
Qatar Residential Real Estate Market Trends and Insights
Drivers Impact Analysis
Driver | % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Foreign Ownership Law (Law 16 of 2018) Broadening Expat Titles | +1.8% | Freehold zones: West Bay, The Pearl, Lusail, Al Khor Resort | Long term (≥ 4 years) |
Expansion of Lusail & Pearl Freehold Zones Attracting Foreign Buyers | +1.5% | Lusail City, The Pearl-Qatar, West Bay freehold areas | Long term (≥ 4 years) |
FIFA World Cup 2022 Legacy Infrastructure Catalyzing Residential Demand | +1.2% | National, with concentrated benefits in Doha, Lusail, Al Rayyan | Medium term (2-4 years) |
Upcoming 2030 Asian Games & Tourism Vision Elevating Rental Demand | +1.1% | Doha core, spillover to Al Rayyan, emerging in Lusail | Medium term (2-4 years) |
Government-backed Mortgage Scheme for Nationals Boosting Home Purchases | +0.9% | National, with higher uptake in Doha metropolitan area | Short term (≤ 2 years) |
Rapid Growth in PropTech Platforms Improving Market Transparency | +0.7% | National, with higher adoption in urban centers | Short term (≤ 2 years) |
Source: Mordor Intelligence
Foreign Ownership Law (Law 16 of 2018) broadening expat titles
The statute opened 10 freehold and 16 usufruct zones to non-Qataris, effectively converting the sector into a global investment destination. Residency is granted automatically to buyers exceeding QAR 730,000, stimulating cross-border demand. Partnerships such as Al Rayan Bank’s UK campaign offer Sharia-compliant finance up to 60% of purchase value, lowering entry barriers for foreign investors. Transaction volumes reached QAR 8.16 billion in 1H 2024, up markedly from the prior year. The Office for Non-Qatari Real Estate Ownership centralizes approvals, shortening deal cycles and adding transparency. These measures heighten liquidity and broaden the buyer pool for the Qatar residential real estate market over the long term.
FIFA World Cup 2022 legacy infrastructure catalyzing residential demand
Mass-transit lines, airport expansion and expressways funded for the World Cup have improved access to once-peripheral zones, encouraging developers to release new inventory in Lusail, Al Rayyan and along the Doha Metro corridor. The tournament attracted 1 million visitors and boosted GDP 1% in tourism receipts, validating the long-term capacity of this infrastructure to handle population surges. Demand is now migrating toward transit-oriented projects such as Lusail Towers, where 1.1 million m² of mixed-use floor space is under development. Hotel-to-residence conversions around Hamad International Airport further bridge hospitality and housing. Collectively, these linkages underpin steady absorption in the Qatar residential real estate market during the medium term.
Upcoming 2030 Asian Games & tourism vision elevating rental demand
Qatar targets 6 million annual visitors by 2030, intending to double tourism’s GDP contribution to 12%. Preparations for the Asian Games mirror the World Cup’s infrastructure blueprint, triggering additional hotel-residence hybrids and extended-stay units. Expatriates—already 60% of residents—anchor the rental base, and population growth of 3.1% in July 2024 underscores momentum. Institutional landlords are bundling leases with concierge services to appeal to high-spending, event-led tenants. As a result, rental yields in premium sub-markets are widening, offsetting compression in oversupplied mid-tier apartments and strengthening the Qatar residential real estate market.
Government-backed mortgage scheme for nationals boosting home purchases
Real-estate loans represented 21% of total private-sector credit in July 2024, growing 6.3% year-over-year[2]Yaqoub Al-Baker, “Real Estate Lending Trends July 2024,” Qatar Central Bank, qcb.gov.qa. Budgetary allocations of QAR 3.3 billion fund subsidized mortgages, while the new Real Estate Regulatory Authority (Aqarat) provides standard contracts and dispute-resolution channels. Although construction material cost inflation reached 15-20% since 2024, mortgage support cushions affordability for nationals, stabilizing the Qatar residential real estate market. Enhanced disclosure rules also lift buyer confidence, pushing forward the short-term sales cycle, especially for first-time homeowners.
Restraints Impact Analysis
Restraint | % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Oversupply in Mid-tier Apartment Segment Depressing Rental Yields | -1.4% | Doha core, Al Rayyan, emerging oversupply in Lusail | Short term (≤ 2 years) |
Rising Construction-Input Costs Squeezing Developer Margins | -1.1% | National, with acute impact in Doha and major developments | Short term (≤ 2 years) |
Volatility in Hydrocarbon Revenues Influencing Employment & Housing Demand | -0.8% | National, with higher sensitivity in industrial zones | Medium term (2-4 years) |
Restrictive Expat Residency Tenure Limiting Long-term Ownership Appetite | -0.6% | Freehold zones, particularly affecting non-GCC expatriates | Long term (≥ 4 years) |
Source: Mordor Intelligence
Oversupply in mid-tier apartment segment depressing rental yields
Residential stock stood at 394,000 units by Q2 2024 with another 9,200 units scheduled for delivery the same year. Median apartment rents slid 6% year-over-year to QAR 6,000, while concessions such as one-month-free leases became common. The mismatch is greatest in the mid-market, which forms 51% of inventory but faces thinning demand as occupants either trade up to luxury or downsize for cost savings. The Real Estate Regulatory Authority counters by launching an open-data platform to aid market clearing, yet near-term oversupply will continue to pressure returns in the Qatar residential real estate market.
Volatility in hydrocarbon revenues influencing employment and housing demand
Hydrocarbon receipts declined 18% in 2024, narrowing the fiscal surplus and tempering public hiring. Bank exposure to post-World-Cup real-estate loans led to tighter credit standards. Although non-hydrocarbon GDP expanded 3.7% in 2024, expatriate employment remains sensitive to oil-price swings. The government’s multiyear LNG expansion and NDS3 diversification initiatives partially buffer volatility[3]Saad Al-Kaabi, “North Field LNG Expansion Update 2024,” QatarEnergy, qatarenergy.qa. Nonetheless, cyclical layoffs in energy and related services can dent absorption, posing a medium-term drag on the Qatar residential real estate market.
Segment Analysis
By Property Type: apartments dominate, villas accelerate
Apartments and condominiums dominated with 66% share of the Qatar residential real estate market in 2024, largely reflecting urban density and expatriate leasing preferences. Villas, however, post the fastest 7.36% CAGR to 2030 on demand from nationals and high-net-worth expatriates seeking larger plots. Projects such as Al Dana Garden II deliver 142 villas worth QAR 119 million, signaling robust premium appetite. Hybrid waterfront schemes like The Grove combine apartment convenience with villa-style amenities, blurring category lines and reinforcing upscale supply. Consequently, developers rebalance portfolios toward low-density formats to absorb purchasing-power migration within the Qatar residential real estate market.
Villa momentum also benefits from the residency-by-investment option because typical ticket sizes exceed the QAR 730,000 threshold. Mortgage programs reserve favorable terms for single-family housing, amplifying take-up. Meanwhile, apartment landlords refresh mid-tier stock via refurbishments to defend occupancy. Over time, a two-speed pattern emerges: compact city-core units for transient renters and suburban villas for ownership seekers, jointly sustaining depth and liquidity in the Qatar residential real estate market.
By Price Band: Mid-market steadies while luxury leads growth
The mid-range properties retained 51% of the 2024 volume, yet oversupply eroded rents and moderated pricing power. Construction-cost inflation passes through more acutely to affordable brackets, tightening developer margins. Contrastingly, the luxury band records a 7.45% CAGR to 2030, lifted by trophy projects such as the Trump International Golf Club villas and Lusail waterfront penthouses. Wealth inflow from foreign buyers seeking long-term visas underpins resilience. This bifurcation means premium units increasingly anchor headline value in the Qatar residential real estate market size, whereas mid-market stock delivers liquidity but lower returns.
Government housing allowances and supply-chain subsidies steady affordable demand but cannot fully offset rising steel and cement costs. Developers therefore bundle energy-efficient fittings and rent-to-own offers to widen mid-segment appeal. Yet, capital appreciation stays strongest at the top end where scarcity and lifestyle amenities differentiate. These dynamics collectively guide pricing strategy across the Qatar residential real estate industry.
By Business Model: Primary sales prevail, rentals outpace growth
Primary (new-build) deals captured 59% of 2024 transactions as megaproject pipelines remained active after the World Cup. Some USD 85 billion in public-private construction is scheduled to 2030, fueling continuous handovers. Conversely, the rental channel posts the quickest 8.08% CAGR, mirroring the expatriate majority and tourism-led occupancy surges. Extended-stay formats and branded residences widen the product mix, boosting rental yields in premium districts despite general oversupply.
Secondary-market liquidity increases following Law No. 5 of 2024 on digital title registration, shortening transfer times to less than a week. Blockchain tokenization under the Qatar Financial Centre framework also seeds fractional ownership schemes. These innovations elevate transparency and investor participation, fostering a more balanced ecosystem for the Qatar residential real estate market.

By Mode of Sale: Sales hold volume led, rentals show velocity
Sales accounted for 61% of 2024 market activity, supported by foreign-ownership reforms that generated QAR 8.16 billion in 1H 2024 trading. Rental demand, however, expands faster at an 8.08% CAGR as population growth and mega-event staff inflows lift occupancy. Corporate leasing packages inclusive of schooling and health insurance gain traction, especially for project-based expatriates.
Meanwhile, sale prices in oversupplied segments remain flat, nudging investors toward buy-to-let strategies. Institutional landlords leverage scale to negotiate maintenance contracts, protecting margins. Dual-income households among young Qataris also favor lease-to-own models, smoothing the transition from renting to owning within the Qatar residential real estate market.
By Key Municipalities: Doha’s scale vs Lusail’s surge
Doha maintained a dominant 70% share in 2024 driven by government hubs and cultural landmarks. Yet land scarcity and apartment oversupply constrain upside. Regeneration schemes like Msheireb Downtown inject smart-city amenities and raise asset quality. Meanwhile, Al Daayen and Lusail clock an 8.22% CAGR on the back of master-planned districts paired with state-of-the-art transit links. Lusail Towers alone spans 1.1 million m², signaling its role as a new CBD.
Al Rayyan benefits from affordable plots and proximity to Education City, drawing young families. Coastal Al Khor leverages freehold eligibility to court foreign buyers seeking second homes. Together, satellite municipalities ease congestion, diversify supply and extend investment optionality across the Qatar residential real estate market.
Geography Analysis
Doha’s 70% slice of the Qatar residential real estate market anchors national performance. Its metro network, airport hub and cultural districts sustain demand, yet 394,000 existing units plus 9,200 incoming deliveries weigh on occupancy[4]Fatema Al-Nuaimi, “Population Statistics July 2024,” Planning and Statistics Authority, psa.gov.qa. Lower median rents, incentives like one-month-free leases and retrofits of older blocks characterize the near-term landscape. Nonetheless, flagship redevelopments at Msheireb Downtown Doha elevate the city’s premium stock and long-term appeal.
Al Daayen and Lusail represent the fastest-rising municipalities, each projecting 8.22% CAGR through 2030. Expansive land banks support low-density villa clusters, while the Doha Metro Red Line and Lusail LRT connect residents to the capital in under 30 minutes. Cultural anchors such as the Herzog & de Meuron-designed Lusail Museum augment lifestyle vibrancy. These dynamics are pulling both domestic upgraders and foreign capital toward the northern growth corridor, diversifying the Qatar residential real estate market.
Secondary nodes including Al Rayyan, Al Khor and coastal Simaisma add breadth. Al Rayyan captures spill-over demand from Doha at lower entry prices and larger lot sizes. Al Khor’s freehold designation and proximity to Ras Laffan industrial hub draw expatriates seeking longer leases. Simaisma’s Trump International Golf Club positions the coastline as a luxury enclave, extending premium supply beyond The Pearl. Together, these geographies underscore a multipolar future for the Qatar residential real estate market.
Competitive Landscape
The sector features moderate concentration: the top five developers deliver roughly 45% of annual completions, while hundreds of local firms manage smaller plots. Ezdan Holding Group continues to scale rental communities, leveraging its 30,000-unit portfolio for economies of scale. Barwa Real Estate advances mixed-use schemes such as Madinatna, integrating smart-home technologies to lift tenant retention. United Development Company redirected USD 216.6 million from its Qatar Cool stake sale into The Pearl and Gewan Islands, signalling a focus on high-margin waterfront assets.
New entrants collaborate with global brands to differentiate. Qatari Diar and Dar Global’s Simaisma project imports the Trump hospitality label, attracting international buyers. Technology is another battleground: the Qatar Financial Centre’s Digital Asset Framework enables tokenized property stakes, and early adopters like Aspire Zone explore blockchain leasing smart contracts[5]Hessa Al-Mannai, “Law No. 5 of 2024 on Digital Property Registration,” Ministry of Justice, gov.qa. Sustainability also shapes competition, with LEED-certified builds gaining mortgage rate discounts from banks pivoting toward green portfolios.
Financing hurdles persist as lenders recalibrate exposure after post-World-Cup loan losses. Developers with robust balance sheets tap sukuk markets, while smaller players seek joint ventures to share risk. Opportunities remain in senior-living, co-living and energy-efficient retrofits—segments currently under-supplied in the Qatar residential real estate market.
Qatar Residential Real Estate Industry Leaders
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Al Mana Real Estate
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United Development Company
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Qatari Diar Real Estate Company
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Ezdan Holding Group
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Barwa Real Estate
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- May 2025: Qatari Diar signed a strategic agreement with Dar Global to develop the Trump International Golf Club and luxury villas at Simaisma.
- April 2025: Al Rayan Bank, Masraf Al Rayan and United Development Company launched a UK-focused financing program offering 60% Sharia-compliant mortgages.
- February 2025: Qatar Electronic Systems Company (Techno Q) QPSC listed on Qatar Stock Exchange Venture Market with revenues of QAR 269.4 million in 2024.
- January 2025: ValuStrat reported QAR 1.043 billion in December 2024 property sales; Law No. 5 of 2024 introduced digital title registration.
Qatar Residential Real Estate Market Report Scope
Residential real estate is land that has been built for the purpose of allowing people to live there. It cannot be utilized for commercial or industrial reasons. It appears when someone purchases land designated for residential use, which becomes real estate property and contains a wide range of potential homes, from houses to houseboats, and neighborhoods ranging from the poorest slum to the wealthiest suburban development.
A complete assessment of the Qatari residential real estate market includes an assessment of the economy and the contribution of sectors in the economy, a market overview, market size estimations for key segments, and emerging trends in the market segments in the report.
The Qatari residential real estate market is segmented by type (apartments & condominiums and villas & landed houses). The report offers market sizes and forecasts for the Qatari residential real estate market in value (USD) for all the above segments.
By Property Type | Apartments & Condominiums |
Villas & Landed Houses | |
By Price Band | Affordable |
Mid-Market | |
Luxury | |
By Business Model | Sales |
Rental | |
By Mode of Sale | Primary (New-Build) |
Secondary (Existing-home Resale) | |
By Key Municipalities | Doha |
Al Rayyan | |
Al Khor | |
Rest of Qatar |
Apartments & Condominiums |
Villas & Landed Houses |
Affordable |
Mid-Market |
Luxury |
Sales |
Rental |
Primary (New-Build) |
Secondary (Existing-home Resale) |
Doha |
Al Rayyan |
Al Khor |
Rest of Qatar |
Key Questions Answered in the Report
What is the current size of the Qatar residential real estate market?
The market is valued at USD 13.45 billion in 2025 and is expected to reach USD 19 billion by 2030 at a 7.15% CAGR.
Which property type is growing fastest in Qatar’s housing sector?
Villas and landed houses lead growth with a 7.36% CAGR through 2030, driven by high-net-worth expatriates and nationals.
How does Law 16 of 2018 affect foreign buyers?
It allows non-Qataris to purchase freehold property in 10 zones and obtain residency for investments above QAR 730,000.
Why are rental yields fluctuating in Doha?
Mid-tier apartment oversupply has pushed median rents down 6% year-over-year, although premium rentals remain resilient.