The residential market in Doha has recently seen a drop in rental levels in most areas following four years of rental growth between 2011 and 2015, DTZ said in its Q3 2016 property times report.
Close on the heels of a government-backed real estate development announcing reduction in the rents of some of their commercial properties, requests for such cuts have been aired by retail establishments elsewhere in Doha.
Rents of different types of residential units in the country are stabilising or even declining in many cases, Gulf Times has learnt from industry insiders.
Umm Salal town, located to the north of Doha, is fast emerging as a favoured destination for those wanting to set up industrial units, it is learnt.
