Aqarat: Real estate sales value drops in 40th week
QNADoha The Real Estate Regulatory Authority (Aqarat) announced that some real estate market indicators in Qatar declined during the past week.The data put out on Aqarat’s X accoun...
The Real Estate Regulatory Authority (Aqarat) disclosed a decline in real estate market indicators in Qatar during the 40th week of 2026. The week-long sales value totaled QR482.4 million, a 30.9% decrease compared to the previous week and a 20% drop year-over-year. Only 118 contracts were completed, a 15.1% reduction week-over-week and a 21.9% fall year-over-year.
Villas made up 46.5% of the sales value, totalling QR224.7 million, followed by vacant land at 40.9%, valued at QR197.7 million. Buildings accounted for 6.1% of the sales, at QR29.8 million, while other property types totaled 6.2%, at QR30.2 million.
Al Rayyan Municipality led real estate transactions, with QR130.9 million in sales. Doha and Al Wakra municipalities followed with QR116.7 million and QR99.7 million, respectively. In terms of mortgages, 27 contracts were issued, with a value of QR1.04 billion, a 53.8% decrease week-over-week and a 198.4% increase year-over-year.
Mortgage values were divided by property type, with vacant land leading at 82.3%, valued at QR827 million, followed by towers at 12.9%, at QR130 million, and buildings at 4.6%, at QR47 million. Doha Municipality topped mortgage values with QR923 million, closely followed by Al Daayen and Al Rayyan municipalities.
Rental indicators reflected a 58.6% decline in rental contract value week-over-week and a 91.5% decrease year-over-year, totaling QR4.49 million from 518 contracts. Villas accounted for 51.6% of rental value, amounting to QR2.29 million, followed by apartments at 27.7%, or QR1.23 million. Commercial showrooms contributed 14.9%, at QR0.66 million, while other property types totaled 5.9%, at QR0.31 million.
Al Rayyan Municipality led rental values, at QR2 million, followed by Doha and Al Wakra municipalities with QR1.4 million and QR0.4 million, respectively.
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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