FIFA World Cup 2022 turned to be tremendous achievement for ongoing projects and business in Qatar

19 Dec 2022

News
FIFA World Cup 2022 turned to be tremendous achievement for ongoing projects and business in Qatar

Tourists in Qatar were in the spotlight opting to experience the true hospitality and culture as the world witnessed Argentina lifting their third title at the 80,000 seaters - Lusail Iconic Stadium. The well-kept-up sporting tournament concluded yesterday with a tremendous achievement, not just for FIFA 2022 fans and organisers, but also for the ongoing projects and business in Qatar.

The real estate positively hopes for the market to ramp up significantly in the coming years, while many of them invested in Qatar.

The buildings, properties, and constructions have all been increasing in the past couple of months due to the World Cup and the competition among developers were relatively high.

Qatar’s preparation for hosting the mega tournament over the past 12 years has drastically changed the market’s course with state-of-the-art infrastructures and facilities installed. 

This successfully eventuated the progress of real estate-related projects and the price, land, and sq. m. for sales and rent started to skyrocket with many investments surging in the region. Clients for Mirage also witnessed a high ratio over the years as investments grew by 25 to 34 percent while leasing for long-term and short-term tenants.

Realtors are positive that the market in Qatar will never halt and constantly flourish due to the efforts taken by the Government, entrepreneurs, and investors.

 

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