Qatar Real Estate Trading Exceeds QAR 277 Million in Two Days

Qatar’s Qatar real estate sector recorded trading activity exceeding QAR 277 million during May 24 and 25, according to data released by the Real Estate Registration Department.

The weekly real estate bulletin stated that the value of registered property sales contracts reached approximately QAR 256.6 million, while residential unit sales contracts exceeded QAR 21 million during the same period.

The traded properties included vacant land plots, residential houses, apartment buildings, commercial shops, and residential units.

Sales activity was concentrated in the municipalities of Doha, Al Rayyan, Al Daayen, Umm Salal, Al Shamal, Al Wakrah, and Al Khor and Al Thakhira, in addition to Lusail 69, The Pearl Island, Al Kharaitiyat, Ghar Thaileb, and Al Wukair.

The data also showed a decline in trading volume compared to the previous period, which recorded transactions exceeding QAR 558.8 million between May 17 and 21.