Qatar Real Estate Sector Records $300 Million in Residential Sales

27 October 2023

Qatar Real Estate Sector Records $300 Million in Residential Sales

Qatar Real Estate Sector Records $300 Million in Residential Sales

In a remarkable week for Qatar’s real estate sector, official figures reveal that residential unit sales have surged to a staggering $300 million. This surge in real estate activity underscores the dynamism of the market.

The data, sourced from the Department of Real Estate Registration at the Ministry of Justice, shows a substantial volume of trading in sales contracts during the period from October 15 to October 19, 2023. The total value of these transactions reached QR308,321,471, equivalent to $85 million.

The Real Estate Bulletin for the same period reports a grand total of QR1,092,105,681, which translates to $300 million, reflecting a robust real estate market.

Varied Real Estate Transactions

The weekly bulletin from the Department of Real Estate Registration highlights a diverse array of real estate properties that have been actively traded for sale. These include vacant lands, houses, residential buildings, commercial buildings, shops, and residential units.

The sales activities have been concentrated in various municipalities, such as Al Rayyan, Doha, Al Wakrah, Al Daayen, Umm Salal, Al Khor, and Al Dakhira. Additionally, notable real estate zones like the Pearl, Al Dafna, and Lusail have also experienced significant transactions.

Explore Real Estate Talent with Guildhall

As the Qatar real estate sector continues to thrive, finding the right talent is crucial for success in this competitive industry. At Guildhall, our executive search and recruitment services are designed to connect you with top real estate professionals. Whether you are looking for experienced real estate agents, property managers, or other real estate specialists, we can help you find the ideal candidates for your organization.

Discover how Guildhall’s recruitment services can support your real estate business today.

 

27 October 2023

Qatar Real Estate Sector Records $300 Million in Residential Sales

qatar economy

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