Qatar could lower rent cap to 7% this month

Doha: Qatar could lower a cap on rent increases that landlords can charge by three percentage points to 7 per cent, The Peninsula newspaper reported on Tuesday, citing a lawyer who said he had seen draft legislation.

The cap now is a maximum 10 per cent increase. Inflation in Qatar was 13.7 percent in September.

The possible new cap would apply for two years and could become law this week, Jamal Al Nema said, according to the newspaper.