Qatar real estate trading exceeds QAR 2 billion in April

Qatar’s Qatar real estate sector recorded strong performance during April, with total property trading through registered sales contracts at the Real Estate Registration Department exceeding QAR 2 billion, reaching approximately QAR 2.06 billion.

According to the analytical real estate bulletin issued by the Ministry of Justice, a total of 516 real estate transactions were recorded during the month. The number of traded properties increased by 128%, while the value of transactions rose by 168%, and traded land areas grew by 185%.

Doha, Al Rayyan, and Al Daayen municipalities ranked as the most active areas in terms of transaction value, while Umm Salal, Al Wakrah, Al Khor and Al Thakhira, Al Shamal, and Al Sheehaniya also witnessed varying levels of real estate activity.

The report revealed that property transactions in Doha exceeded QAR 735 million, followed by Al Rayyan with more than QAR 512 million, and Al Daayen with approximately QAR 498 million.

The data also showed that Al Rayyan, Doha, and Al Daayen recorded the highest shares of traded real estate areas during April, while the same municipalities ranked highest in the number of sold properties.

Regarding mortgage activity, the total value of mortgage transactions reached approximately QAR 7.62 billion through 312 transactions, with Doha accounting for the largest share in both value and number of mortgage deals.

The residential unit sector also recorded growth compared to March, with 145 transactions valued at more than QAR 283 million.

The indicators confirmed the continued strong growth of Qatar’s real estate sector, supported by new legislation related to real estate brokerage, ownership, and registration, in addition to investment-friendly laws attracting both local and foreign capital.