Qatar’s residential supply will grow with around 4,500 new units expected in the second half of this year. Lusail and Al Waab will host 37 percent each, while the Pearl Island will take 24 percent. These new additions reflect continued growth in the Qatar residential market, which remains highly active.
The total residential stock in the second quarter reached 402,137 units, including 254,108 apartments and 148,029 villas. ValuStrat reported that developers delivered 595 apartments during the quarter, showing strong performance across the Qatar residential market. Notable completions included 240 apartments at Seef Waterfront in Lusail’s Skala Tower, 165 apartments at Le Mirage Marina in Lusail Marina, and 50 homes in Musheireb.
Residential sales transactions showed a median ticket size of QR2.8 million. This figure increased 3.7 percent from the previous quarter but fell 1.8 percent yearly. Meanwhile, residential house transaction volume grew 30.9 percent quarterly and 62.6 percent year on year. Al Khor and Al Wakra led villa transactions, whereas the Pearl Island and Al Qassar saw sales surge by 198 percent and 209 percent year on year. These results confirm the strength of the Qatar residential market in both apartments and villas.
The median monthly rent for residential units decreased 1.1 percent quarterly while remaining stable yearly at QR8,500. Apartment rents dropped to QR5,850, reflecting a 1 percent decline from the previous quarter. Over 17,000 apartment leases were recorded, marking a 51 percent yearly increase. New agreements fell 2 percent quarterly, while renewals rose 31.5 percent, showing reduced tenant turnover across the Qatar residential market.
Al Wukair, Al Mashaf, and Al Thumama recorded the most apartment leases with 4,610 agreements, slightly down 5.7 percent from last quarter. Meanwhile, villa rents held at a median of QR10,750, down 1.3 percent quarterly but stable yearly. Wakrah and Abu Hamour saw declines of 2 percent, while Al Duhail recorded a 1 percent increase. Al Gharrafa experienced a 5 percent drop year on year.
Villa lease contracts totaled 6,437, up 6.5 percent quarterly and 32 percent yearly. New tenancies accounted for 86 percent of all agreements. Soudan, Al Aziziya, Al Ghanim, and Murrah contributed over 615 rental contracts, demonstrating strong engagement across the Qatar residential market.
Residential sales also gained modestly, with the ValuStrat Price Index rising 2 percent year on year to 98.4 points. Villas led with a 2 percent quarterly increase to 98.2 points, while apartments remained steady at 99.2. This increase aligns with stronger market activity, as sales volumes climbed 30.9 percent quarterly, 62.6 percent yearly, median ticket sizes grew 3.7 percent, and mortgage transactions advanced 20 percent yearly. Overall, the Qatar residential market continues to expand with stable rents, rising sales, and growing investment across key districts.
