- Qatar’s real estate trading reached QR1.043 billion in December 2024, with 283 transactions recorded by authorities.
- Doha, Al Rayyan, and Al Dhaayen topped real estate trading values, reflecting strong market demand in key areas.
- Al Rayyan led in traded spaces, contributing 30%, followed by Doha at 24%, showcasing diverse regional activity.
The real estate sector in Qatar experienced significant activity in December 2024, as trading volumes soared to QR1.043 billion, according to the Ministry of Justice’s Real Estate Registration Department. The ministry reported a total of 283 transactions, marking a 12% rise in the number of properties sold compared to November.
Top Municipalities by Financial Value
Doha, Al Rayyan, and Al Dhaayen led the market in financial transaction value. Doha municipality recorded the highest value at QR378 million, followed by Al Rayyan with QR278 million, and Al Dhaayen with QR131 million. Other active municipalities included Umm Salal (QR110 million), Al Wakrah (QR105 million), and Al Khor and Al Dhakira (QR27 million).
Traded Real Estate Spaces
Al Rayyan municipality emerged as the most active in terms of traded space, contributing 30% of the total area. It was followed by Doha at 24% and Al Wakrah at 15%. Umm Salal, Al Khor, and Al Shamal contributed 13%, 5%, and 3%, respectively.
Average Price per Square Foot
The average price per square foot varied across municipalities, with Doha recording the highest range of QR366-735. Al Wakrah’s prices ranged between QR240-374, and Al Rayyan recorded QR336-461.
Number of Transactions
Doha also led in the number of transactions, accounting for 35% of total sales, followed by Al Rayyan (21%) and Al Wakrah (14%). Umm Salal contributed 13%, while other areas had lower shares.
This growth reflects the resilience of Qatar’s real estate market, driven by high demand and strategic developments across key municipalities.
