Qatar real estate trading exceeds QAR 466 million in one week

Qatar’s Qatar real estate sector recorded trading activity exceeding QAR 466 million during the week from May 10 to May 14, 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 405.7 million, while residential unit sales contracts totaled more than QAR 60.7 million, bringing total weekly real estate trading volume to QAR 466.4 million.

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

Sales activity was concentrated in the municipalities of Al Rayyan, Doha, Al Daayen, Al Wakrah, Al Khor and Al Thakhira, Al Shamal, and Umm Salal, as well as in Lusail 69, The Pearl Island, Jabal Thuaileb, Leqtaifiya, Al Gharrafa, and Al Wukair.

The previous week’s trading volume had exceeded QAR 654 million, reflecting the continued momentum of Qatar’s local real estate market.