FIFA World Cup; Qatar has seen a significant increase in accommodation rents

Qatar has seen a sharp rise in rents ahead of the start of the FIFA World Cup. The FIFA World Cup is held in Qatar in November and December. Many will be staying in the country ahead of the FIFA World Cup. In view of this, it is concluded that Qatar has decided to increase the rent.

Qatar is aiming for a good percentage of revenue by raising rates. Rents for residential buildings are likely to rise further as the availability of residential units declines. This is according to the latest Real Estate Market Review report by Cushman & Wakefield, a global real estate consulting firm. The media reports the news.

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The number of visitors to Qatar has increased since the start of the World Cup. Better a poor horse than no horse at all. The report says that raising rents will make a huge difference to the country’s economy. Qatar offers great accommodation not only for the players but also for the spectators.

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In addition to apartments and flats, Qatar offers a number of other facilities. Everything here is no longer charged big. Rents have been increased from two per cent to five per cent. The preparations here are very systematic. According to the report, the number of residents in Qatar is increasing every year.

As of the beginning of this year, there were 230,000 apartments in the country. New villas and apartments are still under construction. It is planned to build 4000 new units before the World Cup.