Destination developments drive surrounding real estate values in Qatar

Qatar's property market has been experiencing significant growth due to the emergence of integrated destination development, which is boosting property values in surrounding residential areas, according to industry experts. At the recent Qatar Real Estate Forum 2026, Sheikh Nasser bin Abdul Rahman al-Thani, chairman and managing director of Qetaifan Projects, explained that investing in integrated destinations provides a stronger economic impact than constructing standalone residential buildings.

He stated, "When we create destinations, whether tourist attractions, such as Meryal Waterpark, or investor hubs, we naturally add value to the surrounding areas." Qetaifan Projects initiated their development by identifying specific tourism and lifestyle requirements, ultimately creating a distinctive city destination to attract tourists.

According to Sheikh Nasser, the project attracted investors and increased the market value of the surrounding areas, including adjacent residential towers. He emphasized that Qetaifan Island North complements Qatari Diar’s flagship Lusail City project, aiming to contribute to future major projects and enhance destinations through entertainment, education, sports, and other attractive destinations.

Qatari Diar CEO Sheikh Hamad bin Talal al-Thani highlighted that smart infrastructure and master-planned destinations generate sustained interest from foreign investors, with 40% of their sales in 2026 originating from Lusail.