Qatar Commercial Real Estate - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Qatar Commercial Real Estate Market Analysis

The Qatar commercial real estate market stood at USD 33.10 billion in 2025 and is on track to touch USD 35.11 billion by 2030, advancing at a 6.08% CAGR. Growth remains anchored in the government’s USD 350 billion sustainable-development pipeline and the Third National Development Strategy, which together widen demand for offices, logistics facilities, and mixed-use projects across the country. New-generation free-zone policies that allow 100% foreign ownership, plus residency incentives linked to property investment, continue to draw international corporates and institutional investors, while rising e-commerce volumes accelerate the need for automated last-mile hubs near Hamad Port and Greater Doha. Liquidity conditions are supportive: Qatari banks expanded real-estate lending by 6.3% year on year in 2024, signalling confidence in the sector’s medium-term outlook. At the same time, oversupply in post-World-Cup office and hospitality stock is being absorbed through adaptive-reuse programs, green retrofits, and flexible leasing models that match changing occupier preferences. Advancing construction-tech adoption—highlighted by AI-enabled design showcased at ConteQ Expo24—lowers long-run operating costs and strengthens competitive positioning for new asset.

Qatar Commercial Real Estate Market Trends and Insights

FIFA-legacy infrastructure demand surge

Redevelopment of tournament-era venues into hotels, retail clusters, and mixed-use districts is generating fresh leasing activity around stadium precincts, countering the rental-rate dip that followed the 2022 event. Public Works Authority has earmarked USD 22.2 billion for 2025-2029 urban upgrades that leverage these sites, assuring short-term absorption of vacant stock and catalysing related commercial build-outs.

Economic diversification under Qatar National Vision 2030

The strategy pivots GDP away from hydrocarbons by nurturing manufacturing, logistics, and tech services, all of which demand tailored real estate such as research labs, small-batch factories, and co-working floors. Manufacturing added USD 18 billion to GDP in 2024, while the logistics sector is expanding 7.1% annually, underpinning a long-run lift in warehouse and light-industrial absorption.

Office & hospitality oversupply post-World-Cup

Roughly 40% expansion in prime office stock during World-Cup preparations outpaced immediate demand, driving a 20% rent fall between 2021-2024 and elevating non-performing loan risk for banks with large real-estate books. Developers are mitigating vacancies by converting single-use towers into flexible workspaces and incorporating experiential retail on lower floors, while hoteliers re-brand surplus rooms into mid-scale extended-stay formats.

Other drivers and restraints analyzed in the detailed report include:

1. Free-zone & 100% foreign-ownership reforms
2. E-commerce last-mile logistics boom
3. ESG-driven construction cost inflation

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Offices retained the largest 38% Qatar commercial real estate market share in 2024 thanks to Doha’s CBD pipeline and Lusail tower completions. Yet vacancy pressure and hybrid-work adoption temper growth, steering landlords toward modular floorplates and tech-enabled amenities that improve space efficiency. The Qatar commercial real estate market size attributable to Offices will edge up only modestly through 2030 as occupiers seek lease flexibility and ESG-certified space.

Logistics facilities deliver the fastest 6.12% CAGR to 2030, supported by e-commerce adoption, North Field LNG expansion, and government-backed industrial parks near Hamad Port. Automated racking, temperature-controlled zones, and solar-ready roofs now feature in most tenders, while AI-driven construction showcased at ConteQ Expo24 shortens delivery cycles and cuts long-run energy costs.

The Qatar Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail and More), by Business Model (Rental and Sales), by End User (Individuals / Households and More) and by Cities (Doha, Al Wakrah and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

List of Companies Covered in this Report:

1. Barwa Real Estate Company
2. Ezdan Holding Group
3. United Development Company
4. Mazaya Real Estate Development
5. Qatari Diar
6. Msheireb Properties
7. Alfardan Properties
8. First Qatar Real Estate Development
9. Just Real Estate
10. Al Asmakh Real Estate Development
11. Al Adekhar Real Estate
12. MD Properties
13. Katara Hospitality
14. Qatar Living
15. Property Finder Qatar
16. CBRE Group Inc.
17. Jones Lang LaSalle
18. Cushman & Wakefield
19. Colliers International
20. Savills plc
21. Knight Frank LLP

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support