Latest news with #QetaifanProjects
Qatar Living
15-05-2025
- Business
- Qatar Living
Qatar's Real Estate Regulatory Authority and Qetaifan Projects Sign MoU to Boost Transparency
Continuing the implementation of Real Estate Development Law No. (6) of 2014 and its amendments, the Real Estate Regulatory Authourity held a press conference this morning to sign a MoU with Qetaifan Projects, one of the pioneering real estate development companies committed to complying with regulatory requirements. This step reflects the Authority's supervisory role in licensing developers and real estate projects while enhancing transparency and accountability in the real estate market. H.E. Eng. Khalid bin Ahmed Al Obaidli, Chairman of the Real Estate Regulatory Authority, stated: " We highly appreciate Qetaifan Projects' proactive approach in signing this MoU to comply with real estate development requirements and adhere to the Authority's regulations. This reflects their professional commitment and dedication to collaborating with the Authority in establishing an organized and transparent real estate environment. This initiative serves as a model for public-private partnerships, safeguarding investor interests, protecting buyers' rights, and contributing to a sustainable real estate market aligned with Qatar National Vision 2030 ." In this context, H.E. Sheikh Nasser bin Abdulrahman Al Thani, Chairman of the Board and Managing Director of Qetaifan Projects, affirmed: " Since its establishment, Qetaifan Projects has adhered to the highest international standards in real estate development, driven by our belief in transparency and professionalism at every stage—from market studies to project completion. Today's MoU with the Real Estate Regulatory Authority culminates this approach, reflecting our institutional commitment to the sector in a way that benefits both investors and consumers. " He added: " We are confident that this cooperation will enhance credibility and transparency in the real estate market, aligning with the state's vision to advance this vital sector and create a successful investment environment attractive to local and international capital. " The Authority reaffirms its commitment to strengthening partnerships with real estate developers to ensure compliance with market regulations. It continues to support projects that meet regulatory standards and encourages all developers to follow such initiatives to ensure a secure and sustainable real estate environment. --- Make sure to check out our social media to keep track of the latest content. Instagram - @qatarliving X - @qatarliving Facebook - Qatar Living YouTube - qatarlivingofficial
Zawya
15-05-2025
- Business
- Zawya
Qatar: Aqarat signs deal with Qetaifan Projects for real estate developments
Qatar's Real Estate Regulatory Authority (Aqarat) has signed a memorandum of understanding with Qetaifan Projects, which is one of the first real estate development companies to express its willingness to comply with the requirements for implementing real estate development projects. Qatar's Real Estate Regulatory Authority (Aqarat) has signed a memorandum of understanding (MoU) with Qetaifan Projects, which is one of the first real estate development companies to express its willingness to comply with the requirements for implementing real estate development projects. This step is one of the initiatives emanating from Aqarat's regulatory role in licensing developers and real estate development projects, and promoting the principles of transparency and accountability in the real estate market. Aqarat Chairman Khalid bin Ahmed al-Obaidli noted, 'Today, we value the role of Qetaifan Projects as one of the first companies to sign a Memorandum of Understanding to comply with the requirements for implementing real estate development projects and to adhere to the terms and laws of the Authority. 'This reflects its professional commitment and keenness to co-operate with the Authority in establishing a regulated and transparent real estate environment.' This step represents an exemplary model for strengthening public-private partnerships, achieving the interests of investors, preserving the rights of buyers, and contributing to the development of a sustainable real estate market in line with the country's strategic directions and Qatar National Vision 2030. Qetaifan Projects Chairman and Managing Director Sheikh Nasser bin Abdulrahman al-Thani stated, 'Since the establishment of Qetaifan Projects, we have been committed to following the best international practices in real estate development, based on our belief in the importance of applying standards of transparency and professionalism in all stages of real estate development, from market research to completion. 'Today's signing of the Memorandum of Understanding with the Real Estate Regulatory Authority is the culmination of this approach and reflects our institutional commitment to this sector in a manner that serves the interests of both investors and consumers.' He added, 'We are confident that this co-operation will contribute to establishing greater credibility and transparency in the real estate market, in line with the country's efforts to advance this vital sector and create a successful investment environment that attracts local and international capital.' Aqarat has affirmed its continued efforts to strengthen partnerships with real estate developers to ensure compliance with market laws and regulations. The Authority also continues its efforts to support real estate projects that meet regulatory requirements. 'We call on all developers to emulate these initiatives to ensure a safe and sustainable real estate environment,' Aqarat added. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
ILoveQatar.net
14-05-2025
- Business
- ILoveQatar.net
Real Estate Regulatory Authority signs MoU with Qetaifan Projects to enhance real estate market in Qatar
Continuing the implementation of Real Estate Development Law No. (6) of 2014 and its amendments, the Real Estate Regulatory Authority held a press conference this morning to sign an MoU with Qetaifan Projects, one of the pioneering real estate development companies committed to complying with regulatory requirements. This step reflects the Authority's supervisory role in licensing developers and real estate projects while enhancing transparency and accountability in the real estate market. H.E. Eng. Khalid bin Ahmed Al Obaidli, Chairman of the Real Estate Regulatory Authority, stated: "We highly appreciate Qetaifan Projects' proactive approach in signing this MoU to comply with real estate development requirements and adhere to the Authority's regulations. This reflects their professional commitment and dedication to collaborating with the Authority in establishing an organized and transparent real estate environment. This initiative serves as a model for public-private partnerships, safeguarding investor interests, protecting buyers' rights, and contributing to a sustainable real estate market aligned with Qatar National Vision 2030." In this context, H.E. Sheikh Nasser bin Abdulrahman Al Thani, Chairman of the Board and Managing Director of Qetaifan Projects, affirmed: "Since its establishment, Qetaifan Projects has adhered to the highest international standards in real estate development, driven by our belief in transparency and professionalism at every stage—from market studies to project completion. Today's MoU with the Real Estate Regulatory Authority culminates this approach, reflecting our institutional commitment to the sector in a way that benefits both investors and consumers." He added: "We are confident that this cooperation will enhance credibility and transparency in the real estate market, aligning with the state's vision to advance this vital sector and create a successful investment environment attractive to local and international capital." The Authority reaffirms its commitment to strengthening partnerships with real estate developers to ensure compliance with market regulations. It continues to support projects that meet regulatory standards and encourages all developers to follow such initiatives to ensure a secure and sustainable real estate environment.
Zawya
03-03-2025
- Business
- Zawya
Qatar's residential market remains stable in 2024
Doha, Qatar: Residential rents in Qatar have remained relatively stable throughout 2024; however, high occupancy rates in good-quality apartment buildings in The Pearl and Lusail Marina indicate that there may be upward pressure on rents in some properties in 2025. While take-up and occupancy have increased in Lusail Marina and The Pearl, absorption in Lusail's other districts such as Fox Hills and Al Erkyah has been slower, with higher vacancy rates evident, Cushman & Wakefield noted in its Q4 2024 Real Estate Market Review. The occupancy rates also remain high in many of central Doha's districts; however, the number of new master planned developments on Doha's southern outskirts ahead of the World Cup has resulted in higher vacancy rates in some of these developments, with attractive lease terms and rental incentives available to new tenants. Many of Doha's higher-quality villa compounds are now at full occupancy, with waiting lists increasingly common for compounds in areas such as Onaiza, Mesilla, Al Waab, Duhail etc. Cityscape Qatar was held at the Doha Exhibition and Conference Centre in October last year where several new residential developments in Qatar were launched. Some of the notable projects to launch at last year's event included SLS Doha and The Groove Residence, by Qetaifan Projects, Crystal Residences on Gewan Island by UDC, and Barwa Hills in Fox Hills. Cityscape 2024 was held in conjunction with the second Qatar Real Estate Forum, an event that brings together real estate experts and stakeholders from Qatar and around the world, to exchange ideas and explore future trajectories and opportunities in the Qatar Real Estate Market. The event illustrates the government's determination to support Qatar's real estate market and attract investment from both Qatar and overseas. Central to the development of Qatar's real estate market is the establishment of the real estate regulator Aqarat, which is in the process of merging and developing real estate services and frameworks that had previously been shared between different government ministries. The fourth quarter of last year also saw inauguration of the landmark Land of Legends project, which is to be developed by Qatari Diar and FTG Development in Simaisma. Land of Legends Qatar is set to become one of the largest theme parks in the Middle East with investment of $3bn. Oxford Economics have kept their 2025 GDP growth forecast for Qatar unchanged at 2.1% and expects growth will more than double next year as the additional LNG capacity starts up. The non-energy sector will remain the primary growth engine in the near term after expanding by an estimated 3.2% last year. The planned revamp of key laws governing bankruptcy, public-private partnerships, and commercial registration will likely help unlock stronger foreign direct investment inflows in support of non-energy expansion. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
