RRA Chairperson Reveals Intention to Review Real Estate Companies Services Fees

Doha: HE Chairperson of the Real Estate Regulatory Authority (RRA) Engineer Khaled bin Ahmed Al Obaidli revealed the authority’s intention to review the fees for services provided by real estate companies, ensuring transparency and protecting the rights and interests of all parties, as well as discussing the possibility of reducing these fees for citizens and investors.

During his visit to “Qatari Diar” Real Estate Investment Company, along with HE Assistant Undersecretary for Real Estate Registration and Documentation Affairs at the Ministry of Justice and Chairman of the Committee for Regulating Non-Qatari Ownership and Utilization of Real Estate Said bin Abdullah Al Suwaidi, Engineer Al Obaidli pointed out global indicators where Qatar has excelled, such as the Global Peace Index 2023, and established Qatar’s position as the safest country in the Middle East since 2008, its success in hosting the FIFA World Cup Qatar 2022, and its provision of integrated infrastructure like Hamad International Airport, a
metro network, as well as advanced healthcare and educational systems. He expressed admiration for the measures taken by “Qatari Diar” Company.

For his part, HE Said Abdullah Al Suwaidi praised the collaborative efforts of the entities involved in the real estate sector, highlighting the contribution of non-Qatari property ownership offices in serving the authority to enhance the sector’s attractiveness and improve services for property owners and investors.

CEO of “Qatari Diar” Engineer Ali Mohammed Al Ali, commended the role of RRA and the Ministry of Justice in the real estate sector development, and praised the cooperation between the authority and companies operating in the sector.

During the visit, the delegation, as part of the series of meetings conducted by the RRA in collaboration with various relevant entities in the country, learned about “Qatari Diar’s” experiences in real estate development. They visited the single window center, which provides the Ministry of Justice’ services, where HE the
RRA Chairperson received a detailed explanation of the services provided by the ministry through its office in “Qatari Diar”, facilitating investors with excellent services at the company’s headquarters. They also inspected the company’s projects, including the new headquarters planned to move to after the development works.

Real Estate Regulatory Authority continues its efforts to stimulate and develop the real estate sector in the country, contributing to economic diversification in line with the Third National Development Strategy, which emphasizes economic diversification as a crucial necessity for achieving sustainable economic growth.

Source: Qatar News Agency

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