Qatar’s Real Estate Trading Volume Surpasses QR600 Million in a Week


Doha:Qatar’s real estate market witnessed a trading volume of QR 520,192,098 during the week from October 18 to 22, as reported by the Real Estate Registration Department at the Ministry of Justice.



According to Qatar News Agency, the total value of sales contracts for residential units during the same period amounted to QR 80,226,206, pushing the overall real estate trading volume for the week to QR 600.418 million.



The properties involved in these transactions included vacant plots, houses, residential buildings, commercial shops, and residential units. Sales were notably recorded in several municipalities, including Doha, Al Rayyan, Al Wakra, Al Daayen, Umm Slal, Al Khor, and Al Thakhira, as well as Al Shamal. Other transaction areas included The Pearl Island, Lusail 69, Al Wukair, Al Gharrafa, Al Kharaij, Al Sakhama, and Al Umm Slal Ali.



In comparison, the real estate trading volume in registered sale contracts exceeded QR 500 million during the previous reporting period from October 11 to October 15.