Qatar real estate activity reaches $580m in October

Arab News: Real estate transactions in Qatar reached 2.1 billion Qatari riyals ($580 million) in October, reflecting sustained momentum in the sector, official data showed. 

Citing the Ministry of Justice’s Real Estate Bulletin, Qatar News Agency reported that 571 property deals were recorded during the month.

The Real Estate Sales Index showed an 11 percent rise in the number of properties sold, while the Transaction Value Index increased by 13 percent and the Traded Area Index rose by 6 percent. 

The growth of Qatar’s real estate sector mirrors a broader trend across the Gulf Cooperation Council, where countries including Saudi Arabia are positioning themselves as business and tourism hubs as part of wider economic diversification efforts. 

“Real estate trading data during October 2025 indicates that the real estate sector continues its strong and steady growth in various investment and commercial fields, thus continuing the active trading movement that the sector has witnessed recently,” said QNA. 

It added: “This progress reaffirms the strength and solidity of the foundations of the Qatari economy and the ongoing development of the real estate sector as one of its main components.” 

Among municipalities, Doha accounted for 807.4 million riyals in transaction value in October, followed by Al Rayyan at 420.91 million riyals and Al Daayen at 370.83 million riyals. 

Al Wakrah Municipality followed with transactions amounting to 305.85 million riyals, while Umm Salal and Al Shamal witnessed deals worth 109.03 million riyals and 44.72 million riyals, respectively. 

In terms of transaction volume, Doha accounted for 29 percent of all real estate deals in October, followed by Al Wakrah at 24 percent, Al Rayyan at 19 percent, and both Umm Salal and Al Daayen at 9 percent each. 

Mortgage transactions also reflected a strong month, with 144 registered deals worth a total of 4.05 billion riyals. 

Doha accounted for the majority of these, with 61 transactions or 42.4 percent of the total, followed by Al Rayyan at 25.7 percent and Al Daayen at 11.8 percent. 

In terms of mortgage value, Doha topped the chart with 3.42 billion riyals while Al Shamal Municipality recorded the lowest at 1.2 million riyals. 

In October, Qatar witnessed 158 residential unit transactions amounting to 296.65 million riyals. 

https://www.arabnews.com/node/2622920/business-economy

Arab News.com Contribution Time: 17-Nov-2025 23:22 (GMT)
Arab News.com Last Update Time: 17-Nov-2025 23:22 (GMT)