- The total value of real estate sales contracts from Sept. 1-5 reached QAR 234.3 million, with residential unit sales totaling QAR 24.7 million.
- Key areas of sales activity were concentrated in Al Daayen, Doha, Al Rayyan, and other municipalities, including Pearl Island and Lusail.
- Real estate sales from Aug. 25-29 exceeded QAR 269 million.
- The Ministry of Justice’s Real Estate Registration Department released a weekly bulletin detailing the sales activity.
The real estate trading market saw significant activity during the first week of September 2024. According to the Real Estate Registration Department at the Ministry of Justice, the total volume of sales contracts recorded between September 1 and September 5 reached QAR 234,288,033. This figure includes a broad range of real estate transactions across different property types, ensuring a dynamic and diverse market.
In addition, sales contracts specifically for residential units during this period totaled QAR 24,713,707, reflecting continued demand for housing properties. The bulletin also highlighted that traded properties included a mix of vacant lands, residences, residential buildings, and individual residential units, showcasing the variety of options available to buyers.
Key locations where sales were concentrated include municipalities such as Al Daayen, Doha, Al Rayyan, Umm Salal, Al Khor, Al Dhakira, Al Wakra, and Al Shamal. The high-demand areas of Pearl Island and Lusail also saw substantial real estate trading, emphasizing their status as prime real estate destinations.
A look back at the previous week from August 25 to August 29 reveals that real estate sales during this period exceeded QAR 269 million. This marks a slightly higher volume of trading compared to the early September figures, indicating a consistently active real estate market.
Overall, these statistics underscore a thriving real estate sector in Qatar, with a steady flow of transactions across residential and commercial properties. The range of municipalities and areas involved suggests a widespread interest in property investments across the country.
