Real estate trading tops QR565 mn in one week

Doha [Qatar], July 11: The value of real estate traded through sale contracts registered with the Real Estate Registration Department at the Ministry of Justice totaled QR482,772,733 during the period from June 28 to July 2.
The total value of sale contracts listed in the real estate bulletin for residential units during the same period reached QR82,522,865, bringing the total value of real estate trading during the week to QR565.295 million.
According to the department's weekly bulletin, the properties traded included vacant land, houses, residential buildings, a residential compound, a mixed-use commercial and residential building, a mixed-use administrative and residential building, and residential units.
Sales were concentrated in the municipalities of Doha, Al Rayyan, Al Wakrah, Umm Salal, Al Khor and Al Thakhira, Al Daayen and Al Shamal, as well as in the areas of Lusail 69, The Pearl Island, Al Kharaej, Ghar Thuaileb, Al Qatifiyah, Al Mashaf, Al Wukair, and Umm Al Amad.
The value of real estate traded through sale contracts registered with the Real Estate Registration Department totaled QR383.028 million during the period from June 21 to June 25.
The broad distribution of transactions across multiple municipalities and key developments such as Lusail and The Pearl Island also highlights sustained demand across Qatar's residential and mixed-use real estate segments.
Source: Qatar Tribune