Aqarat, Qatar’s General Authority for Regulating the Real Estate Sector, headed by Eng. Khaled bin Ahmed Al Obaidli, issued an official notice to real estate developers and professionals in the country, urging them to adhere to rules and regulations related to the construction, completion, and exchange of finished properties.
Aqarat emphasized the necessity of adhering to the provisions of Law No. 6 of 2014, as amended by Law No. 5 of 2023.
The Authority said the law specifically defined violations as follows:
- Practicing real estate development without a proper license.
- Advertising or offering off-plan units for sale to the public in violation of Article 10 of the law.
- Obtaining or facilitating approval for the sale of subdivided off-plan units through fraud or deception.
- Using or enabling the use of trust account payments for purposes other than those designated.
- Obtaining or facilitating a loan secured by the project without the approval of the relevant authority.
- Failing to deliver units to buyers on the contractual date without a valid excuse, or delivering units not in accordance with the technical specifications agreed upon or approved in the building permits, in accordance with Article 17 of the law.
- Failing to commence project implementation within six months from the date of approval for off-plan sales without a valid excuse.
- Failing to supervise or monitor the contractor’s work as required by the building permit and approved technical specifications, through the project consultant and its units.
- Failing to prepare reports requested by the competent authorities, as per the regulations set by the Authority.
- Failing to meet approved technical specifications in accordance with the project’s general designs.
- Failing to register the subdivided units of the project in the real estate register at the Ministry of Justice within sixty days from the date of obtaining the completion certificate, including registering sold units in the names of buyers who have fulfilled their contractual obligations.
Penalties
The Authority also clarified the penalties for violations:
- Imprisonment for up to one year and a fine not exceeding QAR50,000 for violations listed in items (1–6).
- A fine not exceeding QAR200,000 for the violation listed in item (7).
- A fine not exceeding QAR100,000 for violations listed in items (8–11).
In addition to these penalties, any natural or legal person may seek compensation for damages suffered, if applicable.
This announcement comes as part of the Authority’s ongoing efforts to promote transparency and accountability in Qatar’s real estate sector, ensuring the protection of all stakeholders and the integrity of the market.
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