Qatar Annual 2023, Market Watch Annual Residential Real Estate Insights
• Qatar has become one of the world's wealthiest economies with a
GDP per capita of $75,000 in 2023.
• The nominal GDP is expected to reach nearly 840 Billion QAR by
2024 and almost 1,366 Billion QAR by 2028.
• The real estate activities and construction sectors contribute
significantly to GDP, though their share is expected to decrease
slightly by 2028.
• The establishment of the Real Estate Regulatory Authority (RERA)
and the launch of the Qatar Real Estate Platform are important
initiatives to regulate and digitise the real estate sector.
GDP per capita of $75,000 in 2023.
• The nominal GDP is expected to reach nearly 840 Billion QAR by
2024 and almost 1,366 Billion QAR by 2028.
• The real estate activities and construction sectors contribute
significantly to GDP, though their share is expected to decrease
slightly by 2028.
• The establishment of the Real Estate Regulatory Authority (RERA)
and the launch of the Qatar Real Estate Platform are important
initiatives to regulate and digitise the real estate sector.
.
.
