Qatar real estate trade volume hits QR164m in 1 week

Qatar’s real estate sector recorded a trading volume of QR 164,585,647 in sales contracts during the period from August 11 to 15, as reported by the Ministry of Justice’s Real Estate Registration Department. Residential unit sales during the same period amounted to QR 19,545,642.

The weekly bulletin detailed that the traded properties included vacant lands, houses, residential buildings, a residential commercial building, shops, and residential units.

Sales were primarily concentrated in municipalities such as Al Rayyan, Umm Salal, Doha, Al Khor and Al Dakhira, Al Daayen, and Al Shamal, with significant activity in areas like The Pearl Island, Lusail, Al Kharaej, Leqtaifiya, and Dafna.

In contrast, the previous week’s trading from August 4 to 8 saw a higher volume, surpassing QR 234 million.

Attribution: Qatar News Agency

Subediting: M. S. Salama