Qatar’s weekly property market last week witnessed higher sales for buildings of all types, generating up to QR258.6m, or 55.6 percent of the total sales volume that stood at QR465.6m, while land lots of all types generated up to QR207m, or about 44.4 percent of the total sales, according to Ezdan Real Estate report.

During the period from June 13-17, the market activity showed that the registered property sales were distributed among 7 municipalities including Umm Salal, Al Khor, Al Dhakhira, Doha, Al Rayyan, Al Shamal, Al Daayen, and Al Wakra; and included the sales of vacant lands, residences, multi-use buildings, multi-use land lots and residential buildings, according to the data gleaned from the real estate bulletin released by the Real Estate Registration Department.

Al Rayyan Municipality ranked first in terms of value through the sale of a land lot in Izghawa at a value of QR85m. The land spans over an area of 12,722sqm and was sold at a price of QR621 per square foot.

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