After the bail out of the banks, Qatar is finding its way out of the global economic downturn with the help of its energy sector initiatives. The new policy is also expected to give boost to its real estate.

The country's economy is estimated to grow 16 percent on account of its energy projects and also it being the World's largest producer of liquefied natural gas.

In 2009, the government helped the banks with 14.4 million riyals ($3.96 billion) for the real estate firms, to ensure greater lending by the banks.

However the real estate sector still needs greater help to show signs of revival.

The prices of the real estate properties are expected to fall further, after the steep fall last year, as the real estate projects get completed in Doha, capital of Qatar.

George Nasra, Managing Director of the International Bank of Qatar, said, "There is already oversupply in real estate. There is a problem, particularly in office buildings, but we are starting to see it in residential buildings as well."

According to The First Investor Asset Management in November, after the fall in the prices of the houses by about 30 percent further fall of 15 percent is expected in 2010.

Patrick Rahal, senior analyst, asset management at The First Investor said, "The government is already an equity investor through Qatari Diar. Qatari Diar is a major shareholder in several listed real estate firms."