.Qatar’s population is currently estimated at 2,900,000 people, most of whom (around 90%) are ex-pats. Because of this ratio, it is natural that most inhabitants. Look for property for rent in Qatar instead of buying them. It makes perfect sense since they are usually homeowners. In their home countries, and most of them plan to stay in Qatar for a couple of years, at most.
Because of the above, the residential rental market in Qatar is extremely well developed. And offers a wide range of properties that suit every taste and budget. Qatar’s market offers it all, from cozy studios costing as little as QAR 1,500 per month to massive villas for QAR 20,000 and above. It is also flexible enough to offer both short-term and long-term leasing options.
Best Possible House Hunting Experience
Driven by the market demand, countless real estate agencies have been established, and their agents work tirelessly to provide residents with the best possible house hunting experience. Because of the worldwide situation, it is now easier than ever to find a place to call home online. Real estate agencies made sure to facilitate this process as much as possible, by providing potential tenants with features such as virtual tours of properties.
Real estate platforms, such as Saakin, play a major role in moving house hunting offline to online. They provide a bridge between tenants, agents, and their properties, making it easy and effortless to find the right property and to get in touch with a reputable agency that manages it.
Top 5 Things You Should Know About Apartments For Rent In Qatar
Rent in Qatar: Homes and Apartments
Located on a peninsula that extends into the Persian Gulf, Qatar is a country where tradition meets innovation. Utilizing income from its vast gas Qatar has quickly grown to become a regional business hub by fulfilling its regional and global ambitions. Qatar has quickly grown to become it provides to the expat workforce. It’s also a desirable destination for professionals from all over the world.
Qatar’s appeal is not limited to its business environment, and it offers its residents and visitors alike a mix of culture, sports, business, and family entertainment. Whether it’s embarking on a dune-bashing adventure, relaxing on a mesmerizing sandy beach, or visiting one of the many museums and art galleries – everyone can find an activity to enjoy. With such a vast portfolio of activities, it’s easy to see why Qatar has become a second home to so many families.
Qatar Lifestyle and Facilities
What is more, Qatar makes life easy for the expat population by focusing on quality education in dozens of world-renowned international schools and state-of-art medical fa available at a minimal cost. Something that is often not found even in their home countries. Qatar offers a wide variety of properties for rent that cater to all tastes and budgets. Renters can choose between villas (both stand-alone and in compounds), apartments, townhouses, and more, townhouses, and neighboring Lusail. Qatar’s other cities, such as Al Wakra and Al Khor offer a more affordable range of properties for rent.
The local market also offers an impressive portfolio of commercial properties for rent suited to cater to many different kinds of businesses. Property hunters are always able to find what they’re looking for, whether it’s an office in a luxurious skyscraper, a shop, a warehouse, or even an industrial land.
Properties for Rent in Doha, Qatar
Doha’s undeniable appeal is not limited to its business environment. Being Qatar’s biggest city, Doha offers its inhabitants a thrilling mix of ulture, sports, business, and family entertainment. It is a place where everyone can find an activity to enjoy. With such a vast portfolio of activities, it’s easy to see why Doha has become one of the most popular destinations for foreigners who decide to move to the Middle East.
Life in Doha is made easy for local and expat families alike. The city offers quality education in dozens of world-renowned international schools and state-of-art medical fa available at a minimal cost.
The real estate market in Doha has developed tremendously over the past years and offers a wide range of properties for rent in Doha that cater to all tastes and budgets. Renters and buyers alike can choose between villas (both stand-alone and in compounds), apartments, and townhouses, and more, which are conveniently located in Doha’s most popular districts.
Renting in Qatar
Although Qatar has been opening up parts of its property market to enable foreigners to buy real estate, most expats still prefer to rent. Around three-quarters of the population – most of them expats – rent apartments and villas. Around 60% of Qatar’s properties are for residential renting.
Renting a place to live in Qatar is an expensive proposition.
According to a report by real estate services organizers International, an average expat household spends more than a third of its income on rent. However, the relatively cheaper cost of utilities (water, electricity, and gas) offsets rentals to a large extent. If money is a concern, you may want to steer clear of the temptation of getting a villa, and opt for an apartment.
The Renting Process
The renting process in Qatar is efficient and quick, but you need to have the required paperwork in place. Most rental contracts are annual and have strict provisions about dos and don’ts. Make sure you read your contract carefully and look out for the fine print! You may find many (or at least some) of the clauses very watertight. And probably tilted in favor of the landlord; so a good idea will be to clear all doubts and lay down your requirements upfront. For instance, are the premises pet-friendly? Can visiting friends stay with you? This will avoid any confusion later on.
Most rented accommodation requires you to give post-dated cheques for the entire duration of your contract before you move in. Don’t worry, though, this is how the market operates; they are not singling you out. Also, do keep in mind this is an Islamic country, therefore you have to keep certain guidelines in mind. For instance, you need to be married in order to rent a place as a couple in Qatar; you may be able to get away with it at a stretch, but it’s best not to take a chance.
Buying Vs Renting Properties In Doha, Qatar
Renting seems the most viable option for most expatriates. Households due to lack financial capital, need for flexibility, and most importantly. The uncertainty regarding their length of stay within the country. However, for those households which expect to remain for more than five years. Have a minimum monthly income of QAR 15,000 and can afford it. To pay a down payment of at least 30% of the capital value, buying can be a viable option to consider.”
There are high chances that your Gulf posting or assignment is likely to be a temporary one. And you are unlikely to convert it into a permanent residency there. Even if you are thinking about the long-term, you will need at least a couple of years. To get acclimatizing to a new country/market; so, right after the landfall, renting in Qatar is the way to go.
If you don’t mind the commute, Al Wakra, Dukhan, Mesaeed, and Al Khor are all areas of the country. Where you can also find reasonably priced properties for rent in Qatar. Schools, malls, restaurants, and health centers are all available in these areas, and they are slowly beginning to shape into thriving cities as well. However, many still prefer to be in the center of Qatar, where the lion’s share of properties for rent in Qatar is located.
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