Infrastructure development in western Qatar is boosting Qatar’s real estate market. Al Asmakh Real Estate Projects Company reports that areas like Bani Hajer, West Muaither, Al Sailiya, and Al Nasiriyah are seeing major improvements. These upgrades are transforming the region. As a result, the region is experiencing increasing demand for land and property.
KEY AREAS OF INFRASTRUCTURE DEVELOPMENT IN QATAR
Western Qatar Real Estate and Infrastructure Developments
The western regions of Qatar, like Bani Hajer, Rawdat Eqdeem, Al Sailiya, and Izghawa, are booming with new infrastructure. Authorities are building roads and utilities for over 1,000 land plots. In East Al Wajba, they developed 605 out of 805 plots. The Al Maarad and Southwest Al Muaither projects also added 410 new plots. These developments are expanding the real estate market in the region.
Infrastructure projects have boosted real estate activity in these areas. They provide better access to commercial, educational, and health facilities. Western Qatar has key landmarks like the Mall of Qatar, Al Rayyan Hotel, and Education City. The Qatar National Library and Sidra Hospital also attract more buyers and investors, helping the real estate market grow.
Transportation Links in Qatar
Modern transportation plans are connecting the western areas to the rest of Qatar. The metro system is expanding, and the Education City tram is improving access to important services. New road projects are also connecting the western areas, the industrial region, and downtown Doha.
Key projects include Commercial Street, Barwa City, the Sixth Ring Road, and Mesaimeer Street. These projects are connecting the western regions of Qatar to southern Doha. They are making these areas more accessible too. As a result, living and investing in these regions is becoming more attractive.
REAL ESTATE SURGE IN WESTERN QATAR
Increased Demand for Land
As infrastructure development continues, demand for land in western Qatar has surged. Al Asmakh Real Estate Projects reports that many of these developments are well underway. The goal is to bring essential services to thousands of plots in the region.
In North Bani Hajer, one project covers 1,727 plots over nearly 4 million square meters. Rawdat Eqdeem’s infrastructure projects serve 1,268 plots across 3.9 million square meters too. These improvements are pushing land prices higher. As a result, both developers and residents are showing more interest in the area.
Road Development Projects in Qatar
Several road and infrastructure projects are underway in areas like West Muaither, Al Sailiya, and Al Nasiriyah. In West Muaither, the project covers 2,560 plots. Al Sailiya is also seeing improvements for 831 plots.
A key project in Rawdat Aba Al Hiran will serve 2,600 plots. This area is over 5 million square meters. The Al-Maarad and Southwest Muaither projects are also in progress. These two projects cover nearly 8 million square meters, with work focusing on over 3,700 plots. These upgrades will help both residents and real estate investors.
Downtown Dubai cityscape corniche view with key infrastructure developments and skyscrapers
THE IMPACT ON INFRASTRUCTURE DEVELOPMENT IN QATAR
Positive Effects on Land Prices
Infrastructure projects in western Qatar are set to boost Qatar's real estate market. These developments will likely drive up land prices. By doing so they also make the region more appealing for investors. As new roads and services get built, there's a great pull that attracts people to the area. This will increase real estate transactions, further strengthening the market.
The growing demand for land in Qatar will also lead to new residential areas. So, developers will benefit as more people seek homes in well-connected neighbourhoods. This real estate growth will fuel more construction, creating a cycle of continued expansion.
Growth in Real Estate Development Companies
The infrastructure developments go beyond just roads and utilities. Authorities are building schools, health facilities, and mosques to serve the growing population in western Qatar. These new projects will attract real estate companies. They will want to invest in a region with strong support.
As more land gets sold, demand for property will increase. Real estate companies will then have the chance to enter Qatar's booming market. This growing demand will benefit developers, contractors, and related businesses. This, in turn, will boost the Qatari economy.
LAND PRICES AND TRANSACTION VALUES IN QATAR
Recent Qatar real estate market trends
According to data from Qatar's Ministry of Justice, real estate transactions have grown a lot recently. From August 25 to 29, the total value of these transactions surpassed 242 million Qatari riyals. Al Rayyan and Doha led the market. Al Rayyan ranked first, and Doha came in second.
Qatar Land Prices by Area
Land prices in different areas of Qatar vary based on location and demand. In the Mansoura and Bin Dirham areas, the average price per square foot was 1,380 Qatari riyals. The Najma area recorded an average of 1,320 Qatari riyals per square foot. In contrast, land in the Maamoura area had a more affordable average price of 385 Qatari riyals per square foot.
In western Qatar, Aziziyah has lower prices at about 365 Qatari riyals per square foot. Umm Ghuwailina, on the other hand, has higher prices at 1,350 Qatari riyals per square foot. These differences show how development and demand vary in each area.
GROWING REAL ESTATE OPPORTUNITIES IN QATAR
The western areas of Qatar are seeing a lot of infrastructure development. This is driving growth in the local real estate market. Projects in Bani Hajer, West Muaither, and Al Sailiya are changing the area. They're not just attracting developers, but many new residents too. Once completed, these projects will improve connectivity and living standards. They will also boost real estate activity.
With rising demand for land, transaction values, and property prices, Qatar's real estate market will keep expanding. Real estate developers and investors have great opportunities ahead. These projects will shape the future of real estate, especially west of downtown Doha.
Visit Qatar’s most prestigious real estate event from 15 – 17 October 2024 | Register for Free
