Substantial need for property developments drives Qatar real estate

Arron  Browne, Sales and Marketing Director, LifeStyle Homes and Properties,  Qatar

Qatar reportedly is in need of some 93,000 residential properties by 2010 to sufficiently address the rising demand of real estate, as a result of rapid population increase. The substantial need for property developments is driving the Qatar real estate services market like you in Gulf countries like UAE.

Arron Browne said: "Qatar-based developments are proving to be at the top of projects, which record the highest ROI rates in the region, making it a hotspot for investors. However, the massive demand for high quality housing, climbing property prices and widespread information clutter are some of the challenges a client who wants to settle in Qatar will be facing in his efforts to find an ideal residential property."

Initially formed to serve as the exclusive sales agent for Sabban Property Investments' ‘Sabban Towers' project, LifeStyle Homes has expanded its portfolio of services to become a real estate solutions provider to other leading regional developers, especially UAE. In addition to end-users seeking to rent or buy properties, the Qatar-based company's clients also comprise of investors looking for high value projects to resell or to lease.