Doha: The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in January amounted to QR 1,528,259,077.
According to Qatar News Agency, the data of the real estate analytical bulletin issued by the Ministry of Justice revealed that 382 real estate transactions were recorded during the month. Compared to December 2024, the number of properties sold index recorded an increase of 35 percent. The real estate transactions value index recorded an increase of 46 percent, while the traded area index recorded an increase of 21 percent.
Doha, Al Rayyan, and Al Dhaayen municipalities topped the most active transactions in terms of financial value during January, according to the real estate market index, followed by the municipalities of Al Wakrah, Umm Salal, Al Khor and Al Dhakira, Al Shamal, and Al Shahania in terms of transaction volumes.
The real estate market index for January revealed that the financial value of Doha municipality's transactions amounted to QR 627,531,752. The financial value of Al Rayyan municipality's transactions amounted to QR 411,013,724, while the financial value of Al Dhaayen municipality's transactions amounted to QR 207,473,601. The financial value of Al Wakrah municipality's transactions amounted to QR 149,825,121.
Umm Salal municipality recorded transactions with a value of QR 74,722,478, Al Khor and Al Dhakira municipality recorded trading with a value of QR 44,743,257 while Al Shamal municipality recorded QR 9,970,000 and Al Shahania QR 2,979,144.
In terms of the traded space index, indicators reveal that Al Rayyan, Doha, and Al Dhaayen municipalities recorded the most active municipalities in terms of traded real estate spaces during January, with 30 percent for Al Rayyan, followed by Doha municipality with 28 percent, and Al Dhaayen with 18 percent. Al Wakrah recorded 10 percent, Umm Salal recorded 7 percent, Al Khor and Al Dhakira recorded 4 percent, Al Shamal recorded 2 percent, and Al Shahania recorded 1 percent of the total traded spaces.
In terms of the index of the number of real estate transactions (sold properties), trading indices revealed that the most active municipalities during January were Doha (33 percent), followed by Al Rayyan (23 percent), Al Dhaayen (14 percent), Al Wakrah (11 percent), Umm Salal (9 percent), Al Khor and Al Dhakira (7 percent), Al Shamal (2 percent), and Al Shahania (1 percent) of the total real estate transactions.
Average per square foot prices for January ranged between QR 475 - QR 819 in Doha, QR 282 - QR 606 in Al Wakrah, QR 352 - QR 492 in Al Rayyan, QR 248 - QR 387 in Umm Salal, QR 304 - QR 582 in Al Dhaayen, QR 227 - QR 266 in Al Khor and Al Dhakira, QR 134 - QR 186 in Al Shamal, and QR 115 - QR 146 in Al Shahania.
The trading volume revealed the highest value of 10 properties sold in January, with 4 properties sold in Doha, 3 in Al Rayyan, 2 in Al Dhaayen, and 1 in Al Wakrah.
As for the volume of mortgage transactions during January, the number of mortgage transactions that took place during the month amounted to 149 transactions, with a total value of QR 4,391,304,587.
Doha Municipality recorded the highest number of mortgage transactions with 57 transactions, equivalent to 38.3 percent of the total number of mortgaged properties, followed by Al Rayyan Municipality with 51 transactions, equivalent to 34.2 percent of the total number of mortgaged properties, then Al Dhaayen Municipality with 15 transactions, equivalent to 10.1 percent of the total mortgaged properties, then Al Wakrah Municipality with 10 transactions, equivalent to 6.7 percent, then Al Khor and Al Dhakira Municipality with 9 transactions, equivalent to 6 percent, then Umm Salal Municipality with 7 transactions, equivalent to 4.7 percent of the total mortgaged properties.
In terms of the value of mortgages, Doha Municipality came first with a value of QR 2,748,369,775, while Umm Salal Municipality recorded the lowest value, amounting to QR 23,054,000.
Looking at the mortgage movement index by studying the ratio of the number of mortgaged properties to the ratio of their financial value, the ratio of the number of mortgaged properties is greater than the ratio of mortgage transaction amounts in all municipalities that witnessed mortgage transactions except for Doha and Al Wakra Municipalities, where mortgage transaction amounts achieved a higher ratio compared to the average number of mortgage transactions.
As for the movement and volume of mortgage transactions that took place during the month, Doha Municipality recorded 6 of the top 10 mortgaged properties, while Al Rayyan Municipality recorded two mortgaged properties, and Al Wakrah and Al Maayen Municipalities had one mortgaged property each. The volume of mortgage transactions for the top 10 properties amounted to 71 percent of the total value of all mortgage transactions that took place during the month of January.
The residential unit trading movement during January recorded an increase compared to last month, reaching 159 transactions with a total value of QR 265,802,756.
Real estate trading data during the month of January 2025 shows that the real estate sector continues its steady growth strongly in various investment and commercial fields, thus continuing the active trading movement witnessed by the sector during the recent period, especially with the issuance of new laws and decisions related to real estate brokerage, real estate registration and documentation, ownership and usufruct, in addition to laws attracting local and foreign capital.
This data also confirms the strength and solidity of the foundations of the Qatari economy and the continued growth of the real estate sector as one of its main components.