Real Estate experts say Qatar's housing market situation is normal, however, local prices and rising rents as a result of the FIFA World Cup 2022 will gradually decline next year. They said many new real estate projects would come to the market after a major sports event. Experts note that with Qatar's economy based on strong pillars, the country's development and all sectors, including real estate, will continue to grow at an alarming rate.
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Experts including Al Emadi Enterprises CEO Mohamed Abdul Karim Al Emadi and Century 21 Qatar Chairman Mana Ibrahim Al Mana were speaking yesterday on a Qatar TV program entitled Real estate before and after the Qatar World Cup 2022 and the future of Qatar Supply and demand.
Al Emadi said: I am optimistic about the Qatar housing and housing sector now and in the future. He said the prices of residential, administrative, and commercial flats were expected to be higher than they are now, a few months before the FIFA World Cup 2022, due to government intervention to avoid any kind of problems in this regard.
I do not think that even during a major sporting event the prices will affect the high prices as opposed to people's concerns due to insufficient availability, said Al Emadi. He said there is no shortage at all. The housing issue is now completely under control. The government has taken security measures on more than one side.
He said today the real-world market situation is normal which will continue after the big sporting event, even to see growth, so there is no need to worry. He said Qatar's economy was not based on a single event or the FIFA World Cup or any other event. Major events like this help the economy but are not based on it. Qatar has a strong hydrocarbon-based economy, infrastructure, and luck that does not excel in any event so the country's development will continue at its own pace, Al Emadi said.
Al Mana said: I agree that the condition of real estate in the country is normal. A major event such as the World Cup raises the demand that leads to global inflation. He said investors and companies were using the opportunity to make a profit for a while but the same situation would not continue after the event.
After the FIFA World Cup, the supply will be more than necessary leading to lower prices. Sale prices are currently high, said Al Mana. He expected that by the beginning of 2023, the realization of housing market prices would occur when prices dropped by about 30 percent to 10 percent more than in 2021.
I expect that after the World Cup prices will fall but not suddenly, after the second or third quarter of 2023 because most contracts are for a year. Most high-cost contracts have been signed by mid-2022, said Al Mana. He said there were two main reasons for the increase in rent at the moment – the huge demand from the government to provide housing to Qatar World Cup 2022 fans and the concern of some local companies about the shortage of houses forcing them to sign contracts at any price. For more to know about Qatar World Cup tickets Click here.
Spotlight Sports introduces improved FIFA World Cup 2022betting sites
Spotlight Sports Group has announced the launch of its customized sportsbook betting sites for the FIFA World Cup 2022, which will be exclusively for one partner per place. Improved content and data have been developed by Spotlight Sports to bring the highest engagement to the Qatari audience of 2022, providing sportsbooks with the full range of this year's largest betting event.
Hubs will be integrated directly with the sportsbook partner APIs, promoting integrated live opportunities, add-bet slip functionality, and providing expert content in over 70 languages once installed. Spotlight Sports has highlighted its proven potential in developing customized betting venues for major sporting events including the Winter Olympics, Cheltenham Festival, and several major archery competitions.
Sold by one client per place, Spotlight Sports highlighted the performance of past hits that saw 49% of viewers make a bet on the same session, after spending an average of two minutes using the site. More importantly, 79% of users said they had accessed content posted on user sites to inform them of their betting conditions.
Rob Black, Sportlight Sports Director, and Marketing Director said: We know from close collaboration with our partners that product and marketing teams across the industry are very keen to provide their customers with premium content at major events, but technical roads and lines are disrupting the new approach. For more to know about Spain Vs Germany Tickets click here.
We also know, from research, that this integrated content experience is both popular with customers and that it drives a great ROI. We can offer an amazing bet on the players who will love it by removing that head of technology.
Qatar Airways creates intercontinental play-offs travel packages
New travel package options have been released by Qatar Airways for fans visiting Doha to entertain their team during the inter-continental game in June. The games will bring together four national teams that will compete in a win-win match to decide the final two teams for the Qatar World Cup 2022, which will be held in the Middle East region for the first time in November.
The battle for the last two places is scheduled to be high-octane and will serve as another platform to demonstrate Qatar's readiness ahead of the FIFA World Cup 2022. Fans visiting Doha to play continental qualifiers are encouraged to purchase their travel packages before tickets expire and capture the visuals, sounds, and excitement of Doha ahead of the big event.
The games will feature four teams from different football associations around the world. Australia or the United Arab Emirates (UAE) will face Peru on June 13, followed by Costa Rica and New Zealand on June 14 in the final. The intercontinental play-offs will be preceded by the AFC Fourth Round Match between Australia and the UAE on June 7, also in Doha, to determine the fourth team in the final qualifier.
Fans have the option of booking their hotel via Al Messila Luxury Collection, Hilton Al Rayyan Curio, or Holiday Inn Business. Qatar Airways Group chief executive officer H E Akbar Al Baker said: Qatar Airways welcomes competing countries and its fans to Qatar and wishes good luck to the teams that want to qualify for the Football World Cup. The qualifiers in Doha are a great way to show how much we enjoy hosting the FIFA World Cup 2022.
Qatar Airways encourages fans to get our unique and hospitable service by purchasing travel packages for fitness games. All international play-offs will be at Ahmad Bin Ali Stadium in Al Rayyan, seating 40,000 spectators. The world-class stadium, scheduled to host seven Qatar World Cup 2022 matches, is designed to showcase various artifacts of Arabian culture through its glorious facade.
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