Prime Highlight
- Qatar’s real estate market posted strong momentum in October, closing 571 property deals worth QR 2.1 billion, reflecting continued confidence in the sector.
- Key market indices, including sales volume, transaction value, and traded area, all recorded monthly growth, signalling sustained economic strength.
Key Facts
- Doha led all municipalities with QR 807.4 millionin transaction value, followed by Al Rayyan (QR 420.91 million) and Al Daayen (QR 370.83 million).
- Mortgage activity reached 144 transactionsworth QR 4.05 billion, with Doha accounting for QR 3.42 billion of the total.
Background
Qatar’s real estate market stayed strong in October, with buyers and sellers completing 571 property deals worth 2.1 billion Qatari riyals ($580 million), according to the Ministry of Justice’s Real Estate Bulletin. The deals covered both residential and commercial properties.
The Real Estate Sales Index reported an 11% rise in the number of properties sold compared with the previous month. The Transaction Value Index grew by 13%, while the Traded Area Index increased by 6 percent, signalling healthy demand and active market movement. Officials said these indicators reflect the continued growth of the sector and the strength of Qatar’s overall economy.
Qatar News Agency noted that the October data shows “strong and steady growth in various investment and commercial fields,” and confirms the real estate sector’s role as a key pillar of the national economy. The country’s performance also mirrors broader trends in the Gulf region, where nations are developing real estate, business, and tourism as part of wider diversification plans.
Doha led all municipalities with QR 807.4 million in transaction value, followed by Al Rayyan at QR 420.91 million and Al Daayen at QR 370.83 million. Al Wakrah recorded QR 305.85 million in property deals, while Umm Salal and Al Shamal recorded QR 109.03 million and QR 44.72 million, respectively. Doha handled 29% of all deals, Al Wakrah 24%, and Al Rayyan 19%.
Mortgage activity was also strong, with 144 registered transactions worth a combined QR 4.05 billion. Doha again topped the list with 3.42 billion riyals in mortgage value. Meanwhile, Qatar recorded 158 residential unit sales worth QR 296.65 million during the month.
