The Real Estate Registration and Documentation department at the Ministry of Justice in Qatar issues a weekly report to capture the transaction data. The Weekly Real Estate Bulletin is public and accessible to anyone to ensure transparency in the real estate market. The bulletin covers all properties sold across Qatar, both residential and commercial.
Volume and Value
Q2 of 2023 recorded 755 property sales transactions in terms of volume and 4,206,025,288 Qatari Riyals in value. 44% of the property sales deals took place during the month of May; a total of 337 sales transactions were recorded, totalling a value of 1,853,196,466 Qatari Riyals, followed by June, at 262 deals and 1,413,148,810 Riyals in value.
Top Valuable Transactions
Some transactions during Q2 stood out among those we analyzed regarding property value. The below table analysis residential sales transactions; this includes apartment complexes, residential buildings, and private residences. The top valuable deals were:
Moving to commercial properties, which include administrative and commercial buildings, vacant lands, and shops, the most valuable properties sold during Q2 are listed below:
Property Sales Transactions by Municipality
Diving into where these real estate sales transactions took place on the level of municipalities, Al Rayyan ranks first (24.14%), followed by Doha (22.68%) and Al Daayen (18.30%). The remaining were scattered between Al Wakrah (12.33%), Umm Salal (11.14%), Al Khor and Al Dakhira (6.76%) and Al Shamal (4.64%).
Stay tuned for up-to-date real estate sales insights every quarter.
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