Qatar’s real estate transactions reach QR1.29 billion in August
Tribune News NetworkDohaThe volume of real estate transactions under sales contracts registered with the Real Estate Registration Department at the Ministry of Justice reached QR1,...
In August, real estate transactions in Qatar reached a total of QR1.29 billion, according to data from the Real Estate Analytical Bulletin. A total of 424 transactions were recorded across various municipalities, with Doha leading the pack in both transaction volume and value, followed by Al Rayyan and Al Daayen. Al Wakrah, Umm Salal, Al Khor, Al Thakhira, Al Shamal, and Al Shahaniya also contributed to the market activity.
The data further revealed that Doha accounted for 30% of the total properties sold, while Al Rayyan and Al Wakrah each took 21% and 19% respectively. The average prices per square foot varied across the municipalities, with higher values in Doha and lower values in Al Shamal and Al Shahaniya. Mortgage transactions totaled 103, with a combined value of QR4 billion, led by Doha in both transaction count and value.
The data suggests continued activity across different segments of the Qatari real estate market, indicating the sector's resilience and growth potential.
Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Qatar real estate transactions reach QR1.29bn in August gulf-times.com
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