His Excellency Abdullah bin Hamad bin Abdullah Al Attiyah, Minister of Municipality, inaugurated the third edition of the Qatar Real Estate Forum at the Doha Exhibition and Convention Center, held under the theme “Real Estate of the Future.”

This year’s edition witnessed a high-level presence from the Gulf Cooperation Council countries, along with a wide participation of developers and real estate investors from across the globe.

His Excellency the Minister of Municipality took part, alongside His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal and Rural Affairs and Housing of the Kingdom of Saudi Arabia, in a panel discussion titled “A Roadmap for the Real Estate Sector Toward Achieving Vision 2030.”

The session addressed Gulf integration in real estate development, government incentives to attract foreign investment, digital transformation, smart cities, real estate financing, and sustainability.

During the discussion, His Excellency Al Attiyah emphasized that the real estate sector is a key pillar in implementing Qatar National Vision 2030, contributing about 8% to the GDP with an annual growth rate of 4%.

He noted that Qatar’s stable legislative environment has strengthened investor confidence, resulting in a rise in real estate transactions reaching QAR 8.9 billion in the second quarter of this year — an increase of 30% compared to the same period last year.

For his part, His Excellency Majid Al-Hogail highlighted that Saudi Arabia has witnessed a major transformation in its real estate sector since 2016, shifting from direct management to empowerment and partnership with the private sector.

He added that real estate financing has grown from SAR 200 billion in 2019 to nearly SAR 900 billion today, thanks to strong public-private collaborations. Al-Hogail also revealed an upcoming agreement between the National Housing Company and Qatari Diar to boost investment cooperation between the two countries.

The forum also featured several sessions focusing on the importance of a robust legislative framework to enhance transparency and investor confidence in the real estate sector, as well as the role of modern technologies and artificial intelligence in improving data accessibility and investment decision-making.

At the end of the opening day, His Excellency Al Attiyah inaugurated the Cityscape Qatar 2025 exhibition, held alongside the forum, showcasing the latest real estate projects in Qatar and the region, with broad participation from leading local and international developers.