Over 17,000 real estate-related transactions processed in Sept
The Ministry of Justice (MoJ) processed 17,023 real estate registration and authentication transactions in September, as the country’s real estate market continued to see significant trading activity....
In September, the Ministry of Justice processed over 17,000 real estate-related transactions, reflecting the ongoing vitality of Qatar's real estate market. Of these, 12,230 were authentication transactions and 4,518 concerned registration. The greater majority, 8,618, took place through authentication services, with foundation contracts and general powers of attorney being the most frequently processed.
Registration activity was dominated by the issuance of property lists, sale contracts, and regulatory modification documents. The Western and Southern sectors of the ministry saw particularly high levels of activity, with the South Sector leading authentication services. Real estate trading under registered sale contracts reached QR1.291 billion in August, with Doha accounting for the bulk of this activity.
September saw several strong weekly readings, with trading peaking at QR583.1 million between September 20–24. The Ministry of Justice is pursuing a digital transformation program to make real estate registration and authentication services more accessible electronically, aiming to reduce physical visits and enhance efficiency.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.