Inside the Report
The rising declines in rents and capital values across all asset classes in Qatar during the start of the pandemic were reversed in 2021. By Q3 2021 we observed signs of increasing residential rents in some areas due to a temporary boost in demand arising from hosting FIFA World Cup in 2022. Moreover, increasing competitiveness of properties, the introduction of policies facilitating investment and normalisation of relations with GCC countries is further projected to facilitate a slowdown in the decline of rents and capital values and/or stabilisation during 2022. However, as of mid-December ’21, the global situation with the spread of the Omicron variant presents further questions as to how 2022 will un-fold.
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