- Q4 2024 saw 962 real estate transactions worth QR3.702 billion, with October being the strongest month at QR1.514 billion.
- Doha Municipality dominated with QR1.562 billion in transactions, accounting for 34% of all real estate sales in Q4 2024.
- The market growth is supported by Qatar’s National Vision 2030 and Third National Development Strategy, focusing on economic diversification and investor attraction.
Qatar’s real estate sector demonstrated strong performance in the fourth quarter of 2024, recording transactions worth QR3.702 billion across 962 deals. October 2024 emerged as the strongest month, contributing QR1.514 billion to the total value, followed by November with QR1.144 billion and December with QR1.043 billion.
Doha Municipality led the market with transactions totaling QR1.562 billion, while Al Rayyan and Al Dhaayen municipalities followed with QR844 million and QR559 million respectively. The distribution of sales showed Doha capturing 34% of all real estate transactions, followed by Al Rayyan at 22% and Al Dhaayen at 14%.
The sector’s growth aligns with Qatar’s economic diversification plans under Qatar National Vision 2030. The real estate market’s strength is attributed to multiple factors, including robust GDP growth, population increase, expanding employment opportunities, and supportive government policies.
Under Qatar’s Third National Development Strategy (NDS3), the real estate sector plays a crucial role in enhancing the country’s appeal to investors and businesses. The strategy aims to create an inviting environment for both investors and skilled workers while ensuring high living standards for all residents.
