Qatar’s real estate market remained stable in the first quarter (Q1) of 2025. Residential sales transactions saw a 13.2% increase on a quarterly basis (QoQ) and a 67.1% rise compared to the same period last year (YoY). According to ValuStrat real estate research, the median ticket size for housing units reached QR2.7 million. This marks a 3.8% increase QoQ, though it declined 3.6% YoY. The residential sales transactions increase highlights the growing demand in the market.
The highest transaction activity took place in Doha and Al Dayeen. The Pearl Island and Al Qassar experienced a surge in sales value by 54.3%, while transaction volume rose by 39.8% QoQ. This growth demonstrates strong demand in premium locations within the city.
Regarding residential supply, Q1 2025 saw a total of 401,542 units, including 253,513 apartments and 148,029 villas. Approximately 2,000 apartments were delivered during the quarter. This includes 690 units at Gewan Island (The Pearl), 377 at Shahad Tower (West Bay), and 676 across Lusail Marina’s FJ Residence, Venice Tower, and Nayef Tower. The increase in residential sales transactions indicates positive momentum.
Several key projects launched during Q1 2025. Qatari Diar, in collaboration with Dar Global, introduced the Simaisma coastal project. This features Trump-branded villas and an international-standard golf course. Additionally, SAK Holding unveiled the Usool Al Mansoura Compound. This is a two-tower development offering around 500 units, ranging from studios to three-bedroom apartments, which surely contributed to the residential sales transactions increase.
Rental activity followed a stable trend. The median monthly rent for residential units held steady compared to the previous quarter but fell 1% YoY to QR8,500. Apartment lease values remained stable at QR6,000, reflecting a 2% decrease YoY. Villa rents showed a steady QoQ trend with the median rent for a three-bedroom villa at QR11,500 and a five-bedroom villa at QR14,000.
Over 18,000 apartment rental contracts were signed in Q1 2025, showing a 15% increase both QoQ and YoY. Villa lease contracts also rose by 10% QoQ and 13.7% YoY, with new tenancies accounting for 83% of total agreements. This activity aligns with the overall residential sales transactions increase seen in the market.
