Qatar is the most vibrant and dynamic economy in the Middle East. The increasing demand for new developments supports Qatar’s building and real estate sectors. Every year, the nation lists new developments, houses for sale, flats for rent for families, and a maid room with a sea view.
The major draws for investors are developments, new housing projects, and entertainment initiatives. The most significant real estate for them is available off-plan. Some of the new projects in Qatar and initiatives are highlighted in the list below.
Qatar New Projects in the Real Estate Market
Qatar’s vast real estate market offers numerous chances for buyers and investors. It includes residential and commercial properties in prestigious areas of Qatar. Residential towers and structures can be found in some of the projects.
Qatar is preparing for a calendar of significant events and Qatar’s new projects in 2023 and 2024. You can look forward to the following events, projects, and locations.
The 2023 AFC Asian Cup
On October 17, 2022, Qatar was selected as the successful bidder to host the AFC Asian Cup 2023 TM. This will be Qatar’s third time hosting the tournament after 1988 and 2011. 2023’s event will take place from June 16 through July 16.
2024 AFC U23 Asian Cup
The Asian Football Confederation (AFC) Competitions Committee has decided to hold the AFC U23 Asian Cup 2024 TM in Qatar. The event was previously held in Qatar in 2016. The dates for the event are January 10–28, 2024.
Expo 2023 Qatar Doha
The first-ever horticultural exhibition for the Middle East and North Africa will be held during Expo 2023 in Doha, Qatar. The expo, scheduled to open on October 2, 2023, runs for 179 days, closing on March 28, 2024, and draws three million visitors worldwide.
Doha 2024 — 21st FINA World Championships
The World Aquatics Championships, officially known as the 21st FINA World Championships Doha 2024, are anticipated to feature the top aquatic sports.
International athletes will participate in the tournament, held in Doha from February 2–18, 2024, in the sports of swimming, diving, high diving, open water swimming, artistic swimming, and water polo.
Grand Prix of Qatar In Formula One
For those F1 racing fans in Qatar, 2023 is the year! The Qatar Grand Prix will make a comeback in 2023 after making its debut in 2021. The tournament will be at the Losail International Circuit from October 6–8, 2023.
Qatar 2023 Geneva International Motor Show
The Geneva International Motor Show is a place where cars are displayed. The first Geneva International Motor Show Qatar will take place at the Doha Exhibition and Convention Center (DECC) from October 5–14, 2023, and will be the occasion’s first trip to Qatar.
Final Phase Of The Hamad International Airport Expansion
The expansion will increase the airport’s ability to hold more than 65 million passengers annually.
The Institute Of Travel and Tourism Conference
ITT Conference, a significant event in the travel industry, attracts members and essential figures from the UK travel and tourism industry.
The conference will be held from June 4–7 and is open to ITT Members, including tour operators, travel agencies, airlines, hotels, cruise lines, tourism offices, and more. Other industry professionals who work in travel and tourism are welcome to attend.
Mega-Solar Power Plants
The estimated cost of the 10 square kilometer IC Solar project is QR 2.3 billion. Solar power plants should start producing electricity by the end of 2024.
Oberoi West Bay in Doha
In Qatar, the currently under-construction Mozoon Towers will host the opening of the city hotel run by the Indian-owned Oberoi premium hospitality brand. The hotel will include 237 rooms, suites, and 45 serviced flats.
Dates for its launch have not yet been made public.
Qatar Auto Museum
The widely awaited Qatar Auto Museum is scheduled to welcome car enthusiasts in 2023. The goal of this museum, which Qatar Museums manage, is to act as a meeting place for Qatar’s automobile community.
Finals of the 2023 Volleyball Beach Pro Tour
The first of three Beach Pro Tour Finals, which will take place in Qatar from January 26 to 29, 2023, will be the volleyball competition. The top 8 teams in the world rankings will compete in the final round of all beach volleyball competitions.
Conclusion
These were the Qatar new projects which Qatar is preparing for 2023 and 2024. You can look forward to the following events, projects, and locations on Saakin Website. Other than this, Stunning luxury fully furnished and semi-furnished apartments for rent in Porto Arabia, Pearl Qatar, Al Sadd Doha, Fereej bin Mahmoud, al Duhail Doha, al Muntazah Doha, al Mansoura Doha, and rent in the west bay are available on Qatar real estate website Saakin.
FAQs
What are additional initiatives planned for Qatar following the World Cup?
One of the new initiatives, the stadium, will support another cause after the World Cup. An on-site boutique hotel will be located inside the stadium. A division of the well-known Aspetar Sports Clinic will operate the hotel. The Education City Stadium is the next project in Qatar that has recently been completed.
What is Qatar’s strategy for implementing electric public transportation?
Qatar intends to switch 25% of its public transportation to electric vehicles by 2022. Additionally, Qatar wants to complete the Qatar new projects by 2030 by electrifying all public transportation. The project’s designs also include constructing numerous electric vehicle chargers in numerous locations.
