QNA
Doha
The Qatari real estate market witnessed robust trading activity, with transactions surpassing QR646 million during the period from March 9 to March 13, according to the latest data from the Real Estate Registration Department at the Ministry of Justice.
The total volume of real estate trading recorded in sales contracts during this period reached QR557,929,630. Additionally, the total value of sales contracts for residential units included in the real estate bulletin amounted to QR88,712,880, bringing the overall trading volume to QR646,642,510.
The weekly bulletin issued by the Real Estate Registration Department highlighted a diverse range of properties involved in sales transactions. The properties traded during the week included vacant lands, residential homes, apartment buildings and residential units.
The sales transactions were distributed across multiple municipalities and prominent locations in Qatar, with a concentration in the following areas Al Shamal, Doha, Al Rayyan, Umm Salal, Al Khor and Al Dhakira, Al Dhaayen, Al Wakrah, The Pearl, Lusail 69, Legtaifiya, Umm Al Amad and Umm Ebairiya.
These areas continue to attract strong investor interest due to their strategic locations, infrastructural developments, and growing demand for residential and commercial spaces.
The consistent high volume of real estate transactions reflects the strength of Qatar’s property market, driven by economic growth, infrastructural advancements, and investor confidence. The demand for vacant lands indicates potential for future developments, while sales of residential units and apartment buildings highlight the ongoing expansion of housing options for residents and expatriates alike.
The real estate sector in Qatar remains a key contributor to the national economy, with sustained trading activities indicating a dynamic and evolving market. The latest figures reaffirm investor confidence and the continued attractiveness of Qatar’s property sector. Market analysts anticipate further growth as development projects and real estate initiatives continue to shape the landscape ofthe country.
