The Qatari real estate sector had a big week, with transactions worth QR365.4 million ($100 million). This happened between November 10 and 14. The Real Estate Registration Department at the Ministry of Justice reported a lot of trading activity. This shows growing demand for different types of properties.
Residential Sales Total $10 Million
Residential sales contracts were worth QR37.4 million ($10 million) in the same week. This shows a steady interest in homes across key locations in Qatar. The sales included various types of properties, showing a wide range of investment interests.
Key Areas of Real Estate Activity
The sales were mainly in Doha, Al Rayyan, and other areas. Places like the Pearl and Lusail were also active. These areas are attracting both local and international investors.
Lusail and the Pearl are especially popular. They offer a variety of properties, from land to homes. This shows the market is meeting different investor needs.
Previous Week’s Performance
The Ministry of Justice reported over QR190 million ($52 million) in transactions the week before. This shows the property sector is doing well, even with global challenges. The consistent trading volumes highlight Qatar’s real estate market’s strength.
New projects and investor interest are keeping the market strong. Government efforts and infrastructure plans are helping it grow. These plans aim to diversify the economy.