Qatar Football World Cup: Qatar's real estate industry seeing significant growth, demand The Qatari real estate market is experiencing significant growth and demand as the country reaches the FIFA World Cup 2022. As the industry grew, it became apparent that housing prices were rising as a result of the said event, according to Ion Dinu, Head of Real Estate Services at MD Properties. The boom of the FIFA World Cup event has begun, with the highest number being during the tournament from November to December. Football World Cup 2022 fans from all over the world can book Football World Cup tickets from our online platforms WorldWideTicketsandHospitality.com Football fans can book Qatar Football World Cup Tickets on our website at exclusively discounted prices.
The final wave of the event will see a decline that will take three days to three months, and is expected in the first quarter of 2023. The Director of Seven Houses, Elyes Selmene, shared similar feelings while speaking to the Peninsula. Evidence indicates that there has been an increase in rental rates in Qatar for the first time since 2015. It is likely that this increase, however, will be temporary as major events such as the Qatar Football World Cup lead to an increase in demand, which in turn leads to higher prices. Selmene said according to the 2022 real estate index released by the Department of Justice, the Qatari real estate market had a positive outlook in April as real estate transactions exceeded QR2bn with 330 housing contracts and 31 percent in Doha Municipality. When asked about the real estate market in the country, Selmene was optimistic that the industry would continue to grow at a rapid pace. Real estate in Qatar is expected to register a combined annual growth rate (CAGR) of more than 11.5 percent over the forecast period (2022-2027), according to Mordor Intelligence. It is clear that investors have a lot to look forward to in the Qatari housing market, Selmene said. Dinu said the country's