Real Estate trading volume exceeds QR500 million in one week
<p>Doha, Qatar: Qatar's real estate trading volume reached QR 381,785,585 during the week from October 11 to 15, according to the weekly bulletin issued by the Real Estate Registration Department at the Ministry of Justice.</p> <p>The total value of sales contracts for residential units listed in the real estate bulletin during the same period reached QR 119,076,038, bringing the total volume of…
Qatar's real estate market saw a surge in trading activity, surpassing QR 500 million in a single week, according to the latest data from the Real Estate Registration Department. The trading volume peaked at QR 381,785,585 from October 11 to 15, as reported in the weekly bulletin. Residential unit sales accounted for a significant portion of the transactions, with a total value of QR 119,076,038.
This brings the cumulative trading volume for the week to an impressive QR 500.861 million. The properties involved ranged from vacant plots to commercial buildings, apartments, and residential units. The sales took place in various municipalities including Doha, Al Rayyan, Al Wakra, Al Daayen, and Al Shamal, as well as locations such as Rawdat Al Khail, Lusail 69, The Pearl Island, and Al Kharaij.
The previous trading period, from October 4 to 8, also witnessed substantial activity, with sales contracts valued at over QR 499 million.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
