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Qatar Senior Living Market Analysis

The Qatar Senior Living Market size is estimated at USD 0.81 billion in 2024, and is expected to reach USD 1.86 billion by 2029, growing at a CAGR of 7.05% during the forecast period (2024-2029).

• The market is driven by increasing investment into operational real estate, expansion of rental, operators gaining experience, marketing suites re-opening after lockdowns, greater understanding of the proposition from investors and residents alike, and increased government focus (and spending) on the social care agenda.
• The COVID-19 pandemic severely impacted the senior living market as occupancy rates declined in the country and senior housing construction activities due to pandemic restrictions and social distancing protocols. In Qatar, senior housing has traditionally been focused on the sale model, with a price premium to reflect the added cost of providing communal facilities.
• In much of Qatar, elderly care is traditionally undertaken by younger generations. Multiple generations live together under one roof, with older generations caring for grandchildren and, in turn, children caring for aging parents. According to the developers and senior living community operators, the demand for under-construction units has doubled since the second wave of COVID-19, and most of this demand is generated by younger and middle-aged people in the country.
• Furthermore, the senior living market is driven by the increasing aged population in the country, growth in life expectancy, rise in nuclear families, financially independent and educated senior citizens, and increasing medical needs of the senior citizens.
• There are already various forms of senior housing being developed by domestic and international players. Investors are moving and diversifying across the residential investment space. Investors view senior housing as an extension of the residential investment market with differences around design, tenants, hospitality, and services.
• , registering a CAGR of 5 % during the forecast period (2023-2028).
• The COVID-19 pandemic severely impacted the senior living market as occupancy rates declined in the country and senior housing construction activities due to pandemic restrictions and social distancing protocols. In Qatar, senior housing has traditionally been focused on the sale model, with a price premium to reflect the added cost of providing communal facilities.
• The market is driven by increasing investment into operational real estate, expansion of rental, operators gaining experience, marketing suites re-opening after lockdowns, greater understanding of the proposition from investors and residents alike, and increased government focus (and spending) on the social care agenda.
• In much of Qatar, elderly care is traditionally undertaken by younger generations. Multiple generations live together under one roof, with older generations caring for grandchildren and, in turn, children caring for aging parents. According to the developers and senior living community operators, the demand for under-construction units has doubled since the second wave of COVID-19, and most of this demand is generated by younger and middle-aged people in the country.
• Furthermore, the senior living market is driven by the increasing aged population in the country, growth in life expectancy, rise in nuclear families, financially independent and educated senior citizens, and increasing medical needs of the senior citizens.
• There are already various forms of senior housing being developed by domestic and international players. Investors are moving and diversifying across the residential investment space. Investors view senior housing as an extension of the residential investment market with differences around design, tenants, hospitality, and services.

Qatar Senior Living Industry Segmentation

Senior living is a concept that refers to a variety of housing and lifestyle options for senior citizens that are adapted to the challenges of aging, such as limited mobility and susceptibility to illness. The report offers a complete analysis of the Qatar Senior Living Market, including a market overview, market size estimation for key segments emerging trends by segments, and market dynamics. The report also offers the impact of COVID-19 on the market.

Qatar's senior living market is segmented by property type (assisted living, independent living, memory care, and nursing care) and by city (Doha, Al Wakrah, Al Rayyan, and Umm Salal Muhammad).

The report offers market size and forecasts for the senior living market in value (USD) for all the above segments.