"Aqariyat" Hosts the First Real Estate Brokers Forum to Strengthen Public-Private Sector Partnership

The General Authority for Regulating the Real Estate Sector, "Aqariyat," in collaboration with "Property Finder," organized the first edition of the Real Estate Brokers Forum in Qatar. The event aimed to enhance cooperation between the public and private sectors and support the growth of the real estate market in the country.

The forum, held recently, was attended by several high-ranking officials, including H.E. Abdullah bin Hamad bin Abdullah Al Attiyah, Minister of Municipality, H.E. Ibrahim bin Ali Al Mohannadi, Minister of Justice and Minister of State for Cabinet Affairs, Eng. Khalid bin Ahmed Al Obaidli, Chairman of the General Authority for Regulating the Real Estate Sector, and H.E. Saeed bin Abdullah Al Suwaidi, Undersecretary of the Ministry of Justice.

Enhancing Regulations and Developing the Real Estate Market

The General Authority for Regulating the Real Estate Sector launched the first edition of the forum as a platform to strengthen regulatory frameworks, support real estate investments, and reaffirm the government's commitment to fostering a well-regulated and sustainable real estate environment. The forum brought together around 600 real estate brokers and industry professionals to discuss the latest developments, challenges facing brokers, and ways to achieve the highest standards of efficiency and sustainability in the real estate market, in alignment with the Third National Development Strategy.

The Importance of Partnership Among Stakeholders

H.E. Saeed bin Abdullah Al Suwaidi, Undersecretary of the Ministry of Justice, emphasized the importance of existing partnerships between various stakeholders in the real estate sector. He highlighted the ministry's efforts, leveraging its legal and regulatory expertise, to enhance these partnerships and maximize the benefits of real estate regulations. He also underscored the significance of regulatory decisions in boosting direct real estate investment, facilitating property ownership and usufruct for both Qatari and non-Qatari citizens, and increasing the sector’s attractiveness to foreign investors.

Strengthening Qatar’s Position as a Leading Real Estate Destination

Eng. Khalid bin Ahmed Al Obaidli, Chairman of the General Authority for Regulating the Real Estate Sector, noted that the forum was held in response to global trends reshaping the real estate market in the region. He pointed out that Qatar has witnessed a significant influx of investors and residents seeking modern living environments, leading to an unprecedented rise in demand for a well-regulated real estate market supported by highly qualified real estate agents operating under the highest regulatory standards.

Aligning Efforts to Develop the Real Estate Sector

Eng. Khalid Al Saieh, Regional Director of "Property Finder" in Qatar and Bahrain, stressed the importance of joint efforts among stakeholders to enhance the quality of living in Qatar. He highlighted that coordinating initiatives between brokers, developers, and real estate technology platforms strengthens the sector’s capacity for sustainable growth while ensuring a seamless transition for new investors and residents in the country.

Strategic Discussions to Enhance Transparency and Investment

The forum’s agenda included a series of discussions, along with a presentation by the General Authority for Regulating the Real Estate Sector on the latest regulatory updates and initiatives. Additionally, the authority introduced several new strategic initiatives aimed at simplifying regulations, improving transparency, and creating an investor-friendly environment to drive the growth and sustainability of Qatar’s real estate sector.