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Watch: Major fire hits building in Abu Dhabi
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Over 8,000 residential units for homebuyers this year
22 Feb 2021 - 9:50
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By Sachin Kumar | The Peninsula
Doha: Qatar’s real estate sector is set to stage a strong recovery this year with addition of more residential units. Around 8,200 residential units are expected to enter market in 2021, offering more choices to homebuyers. A major portion of the new supply will go to Lusail, The Pearl-Qatar and West Bay.
“Residential supply for 2021 is estimated at 8,200 units. Approximately 80 percent of the upcoming supply is concentrated in Lusail, The Pearl and West Bay,” said ValuStrat, a real estate consultancy firm, in a report on real estate sector, released yesterday.