I
have just arrived (or about to arrive) in Doha. What steps do I need
to take to get rental accommodation?
Generally
speaking, you will have a grace period where your company will
provide accommodation to allow you to get settled. Your long-term
rental will be contracted either through yourself or through your
employer. In either case, the best approach is to organize your
residency permit (arranged through your employer) and local bank
account ASAP as these will be required to complete a lease as well as
arrange many other things in Qatar. In the meantime, you should
contact NelsonPark Property to show you relevant properties in
preparation for your move to your permanent home.
I
do not have my Resident Permit (RP) or a cheque book from a bank in
Qatar. Can I sign a lease?
While
technically you do not need an RP nor a bank account specifically in
almost every case your landlord will insist that you have this as
they will want to see you have government approval to live in the
country and the landlord will require post-dated cheque payments as
well as a security deposit for the lease period. NelsonPark Property,
however, has long standing relationships with many landlords who
provide a degree of flexibility in the knowledge that setting up RP’s
etc can take time. We are often able to negotiate a conditional
lease for many clients to secure a property so that they don’t miss
out due to administrative constraints and delays.
What is
the best strategy for me in terms of achieving the best value as a
tenant? I hear mixed views on whether the market is going up or down.
From
our experience what we have observed is that what is reported in the
press is often an exaggeration of reality. When prices are rising it
is often reported far higher than reality, and the same when there
are periods of reductions. Additionally, an example of one
transaction is often used to show a trend, which it just is not. Recent press reports of a surge in prices due to the awarding of the World Cup in 2022 to Qatar have proven unfounded. However, we have noticed a definite increase in optimism as a result of the winning bid.
We
believe that rental prices are indeed lower than they were two years
ago, but the bulk of price reductions have stopped, and in some cases we have seen increases. There has definitely been an improvdement in the sale of units particularly in highly desired areas such as The Pearl.
Recent
market research provided to us states that
up to 70% of newly available properties are not staying vacant for
more than 2-4 weeks which means that tenants generally act quickly
when they find a place that they like. NelsonPark Property can
provide recent information on what pricing has been reached for
various properties to give a current market indication to both
tenants and landlords to enable a fair market price so that both
parties are exposed to realistic pricing.
What
costs/things do I need to consider when signing a new lease?
The
upfront costs will be the first month rental (all rent is paid at the
beginning of the relevant month), a security deposit (normally
equivalent to one month’s rent) that is refundable at the end of
the lease (upon vacating the property after repair costs have been
deducted). Ongoing costs for the tenant include all utilities
(electricity, water, internet, etc) although these can sometimes be
negotiated within the rental agreement. Additional costs can also
include furniture and electrical goods (depending on whether the
property is rented as unfurnished, semi-furnished, or fully
furnished). Electricity and Water is activated through Kahramaa
(Qatar Electricity and Water department) and requires a refundable
deposit of QAR 2,000. We levy a charge of half of one month's rent for the provision of our services. This fee is only due upon successfully placing you in your new home.
What
happens if I need to leave the property before the lease term ends?
This
is subject to individual negotiation between the tenant and the
landlord. Although this was not always the case, it is now very
common for the landlord to allow a 2 month break clause if the tenant
has to vacate the property due to termination.
Why
do I need a professional real estate agent?
Leasing
in Qatar can be a complicated and challenging process. Most agencies
have a good handle on processes and will be able streamline the
process for you. If you are new to Qatar, it also helps to have
someone who knows where the right properties are for you and your
family so that you can concentrate on the many other priorities of
living in a new country – especially if the agency already has good
relationships with many landlords.
There
are a number of “free lance” agents working in Doha that show
property in their spare time and are not legally operating. We have been advised that the government in Qatar is in the process of creating a new law that specifically bans all freelance agents.
We
recommend that you only use a professional legally formed company to
assist you with your property requirements. NelsonPark Property is fully licensed and registered in the State of Qatar under the Ministry of Business and Trade, Commercial Registration Number 43104.
Why
should I use NelsonPark Property?
While
there is no shortage of real estate agents, NelsonPark Property was
founded on the basis of the need for professional and consultative
companies. NelsonPark Property proudly boasts a high rate of referral
among its clients and it's nice to have someone that returns your
call, takes the time to determine your requirements and priorities
and is there to advise you on any number of challenges or queries
that you may have on living in Qatar.
Do
you still have questions that we have not covered here? Feel free to
call us or email on info@nelsonparkproperty.com for any questions. We
welcome your suggestions and feedback.
Finding Quality Homes
for Expats
+974 5551 7567