{"id":795,"date":"2022-01-12T10:22:39","date_gmt":"2022-01-12T10:22:39","guid":{"rendered":"https:\/\/www.fgrealty.qa\/blog\/?p=795"},"modified":"2025-06-06T19:40:41","modified_gmt":"2025-06-06T16:40:41","slug":"rent-prices-set-to-increase-during-qatar-world-cup-2022","status":"publish","type":"post","link":"https:\/\/www.fgrealty.qa\/blog\/rent-prices-set-to-increase-during-qatar-world-cup-2022\/","title":{"rendered":"Rent prices set to increase during Qatar World Cup 2022"},"content":{"rendered":"<p><b><i>Rent prices ; are expected to witness a surge<\/i><\/b><\/p>\n<p><b><i>during the Qatar 2022 World Cup as demand increases.<\/i><\/b><\/p>\n<p>A local real estate report anticipates <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.fgrealty.qa\/en\/rent\/apartments-for-rent\">housing apartment rent<\/a>s<\/span> to rise at different rates during the first half of next year; as over one million people are expected to arrive in Qatar for the FIFA World Cup 2022.<\/p>\n<p>A weekly report by Qatar-based Al-Asmakh Real Estate Development Company; issued on Saturday, highlighted that the real estate sector in the Gulf state will continue to be the highest spending among all sectors during the next year.<\/p>\n<p>The state\u2019s general budget has allocated 74 billion riyals ($20.3 billion) for major projects out of the total budget expenditures; as the country proceeds with public projects in accordance with its set plans and strategies.<\/p>\n<p>The priority in spending goes to infrastructure projects, the development of citizens\u2019 lands, and public services development projects including roads; bridges and a comprehensive sewage network .<\/p>\n<p>The report noted that a number of real estate projects have reached completion; particularly in <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.fgrealty.qa\/en\/buy\/lusail\/apartments-for-sale\">Lusail City<\/a><\/span>, which has an area of \u200b\u200babout 1.8 million square meters.<\/p>\n<p>It pointed out that the positive growth rates; were achieved in the construction of real estate projects during the fourth quarter of 2021; compared to the same period last year.<\/p>\n<p>The Supreme Committee for Delivery and Legacy; and the Qatari Ministry of Labour, signed a memorandum of understanding last March; under which it was agreed the two would collaborate; in helping\u00a0 provide accommodation for fans and visitors to the country during the World Cup 2022.<\/p>\n<p>The approval in the first phase included over 150 different properties in buildings; towers and residential complexes (complete and undivided) and fully furnished units, providing about 15,000 rooms.<\/p>\n<p>The rental value of the units; is determined according to the established government housing prices; while the rental period for real estate will continue for at least five years; which is the period of contracts concluded with real estate owners.<\/p>\n<p>The aim of the contracts is to benefit from the <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.fgrealty.qa\/en\/rent\/properties-for-rent\">rental properties<\/a><\/span> during the World Cup; and then utilize them to house employees through the government housing program.<\/p>\n<p>It added that the rise in prices will be accompanied; by an increase in demand for one-bedroom and two-bedroom apartments during the first half of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rent prices ; are expected to witness a surge during the Qatar 2022 World Cup as demand increases. A local real estate report anticipates housing apartment rents to rise at different rates during the first half of next year; as over one million people are expected to arrive in Qatar for the FIFA World Cup<\/p>\n<div class=\"flex justify-center mt-2\"><a class=\"btn btn--short\" href=\"https:\/\/www.fgrealty.qa\/blog\/rent-prices-set-to-increase-during-qatar-world-cup-2022\/\">View Article<\/a><\/div>\n","protected":false},"author":6,"featured_media":805,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[206,1],"tags":[],"class_list":["post-795","post","type-post","status-publish","format-standard","hentry","category-real-estate-market-insights","category-luxury-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rent prices set to increase during Qatar World Cup 2022? | FGREALTY<\/title>\n<meta name=\"description\" content=\"A local real estate report anticipates housing apartment rents to rise at different rates during the first half of next year; as over one million people are expected to arrive in Qatar for the FIFA World Cup 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fgrealty.qa\/blog\/rent-prices-set-to-increase-during-qatar-world-cup-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rent prices set to increase during Qatar World Cup 2022? 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