The Al -Asmakh Real Estate Projects report stated that the large contract package related to the projects that the state is working to complete, in addition to the new projects that have been implemented during the current year, constitutes a basic pillar to support the growth path in the construction and construction sector.
The report pointed out that these projects will contribute to the development of vital sectors that include infrastructure, education, health, communications and information technology.
The report indicated that the necessary financial resources for these projects have been put in implementation within the framework of the third national development strategy, in a manner that ensures the continuation of work in the approved infrastructure projects, especially those related to the municipal sectors, commercial affairs, transportation, health and education, within the plan of spending on major projects.
The report also expected that in 2025 more than 3,300 tenders covering 21 economic sectors, which include more than 189 different activities.
The report added that the allocations of the municipality and the environment sector for the current year amounted to about 21.9 billion riyals, while the value of the related tenders reaches 56.2 billion riyals, including completing the infrastructure development work for the new lands and the list allocated to citizens, with the launch of more than 22 new projects. As for the allocations for commercial and communications, they recorded 3.9 billion riyals each, and the services sector allocations amounted to 2.7 billion riyals. In the health sector, about 22 billion riyals was devoted to completing the development of existing installations, while education won 19.4 billion riyals to establish schools and develop university facilities, as well as spending allocated to maintenance and sustainability of public facilities and infrastructure, in order to support the prosperity of the local economy.
The report emphasized that these projects will open the way for parallel real estate investment opportunities, which reflect positively on real estate development activities in the fields of housing, commercial centers, and multi -use buildings.
The “Al -Asmakh” report said: The sectors of building materials production, such as cement and iron, and the support services for them, will benefit directly from the contracts granted, especially those directed to building construction projects. He explained that this state of activity is a candidate to continue during the coming years, in conjunction with the expansion of developers and investors in their real estate projects, supported by legislation and laws and the establishment of new government entities concerned with the development of the sector.
The report stressed that the volume of government spending on development projects in Qatar is a major factor in stimulating the building construction sector, which reflects positively on the national economy as a whole. The report also pointed out that there is a strong competition in the contracting market as a result of pumping significant investments in infrastructure projects related to comprehensive development plans.
The report stated that the values of real estate deals witnessed a high performance compared to the former week, according to the data of the latest bulletin issued by the Real Estate Registration Department in the Ministry of Justice for the week from “27 to 31 July”, where the number of real estate deals (92 »deals recorded, while real estate trading values reached more than 389.7 million riyals, explaining that the municipalities of Al -Rayyan and Al -Wakra were acquainted with large activities in the number of transactions in terms of number The deals executed and ranked first and second in a row, indicating that the average number of deals implemented per day reached “18” deals, while the values of transactions on housing units amounted to about 45 million riyals, they were implemented during the same period in the pearl, Lucille, Garb, and a snake.
Returning to the prices of villas and residential apartments, the Al -Asmakh Real Estate Projects report explained that the average price of apartments in the Lusail area of the apartment consisting of one bedroom “1.1” million riyals, “1.3” million riyals for the two -bedroom apartment, and “1.9” million riyals for the three -bedroom apartment, and the report indicated that the prices differ according to the area, the area and the apartment location in residential architecture.
