Doha: CEO of the Qatar Financial Centre (QFC), Yousuf Mohamed Al Jaida, has underscored the critical role of the real estate sector in supporting Qatar's economic diversification strategy. Speaking at the third Qatar Real Estate Forum, Al Jaida noted that the sector accounted for 7.4% of Qatar's GDP in the first quarter of 2025, contributing a total of QAR 13.44 billion.
According to Qatar News Agency, Al Jaida reaffirmed QFC's commitment to fostering a transparent and stable business environment that enables sustainable growth for the real estate sector. Through clear regulatory frameworks and a fully integrated ecosystem-including advanced infrastructure, sector expertise, and strategic partnership opportunities-QFC supports real estate companies in establishing and operating efficiently within Qatar.
Al Jaida highlighted the Centre's growing role in promoting digital transformation, particularly through support for property technology (PropTech) startups. He pointed to initiatives such as the Digital Assets Lab and the Tech Circle, which help promote innovation and facilitate collaboration between entrepreneurs and investors.
He emphasized the importance of identifying areas for development and unlocking new opportunities to maintain positive momentum across the sector. The real estate sector is central to creating a dynamic and growth-oriented business environment, he said.
QFC's regulatory framework offers flexible ownership structures for real estate assets, including special purpose vehicles (SPVs), trusts, and family offices. The Centre also collaborates with government entities to simplify property registration, and a dedicated Ministry of Justice office within QFC premises provides faster, more accessible services to investors.
Al Jaida added that QFC's legal structure-based on common law principles and aligned with international best practices-makes it a trusted platform for real estate investment. Investor rights are protected, contracts are enforceable, and the environment supports both local and foreign investment.
He also emphasized QFC's support for entrepreneurs and startups working on digital asset products and distributed ledger technologies (DLT). Through the Digital Assets Lab and the Tech Circle co-working hub, QFC nurtures innovation in PropTech and other emerging sectors.
With rising demand for smart, efficient solutions, PropTech companies are expected to expand significantly. These firms are reshaping the future of real estate, and Al Jaida concluded that QFC provides the ideal regulatory and commercial foundation for their continued growth and success.