Qatar’s real estate sector recorded substantial growth in September, with total transaction values reaching roughly QR2.86 billion. The Real Estate Registration Department at the Ministry of Justice handled 516 deals during the month. As a result, analysts note that Qatar real estate growth continues to attract local and international investors.
Data from the Real Estate Sales Index showed a 57 percent surge in properties sold. Simultaneously, the Transaction Value Index climbed 65 percent, and the Traded Area Index jumped 89 percent. These figures highlight the sector’s ongoing dynamism.
Municipality-level results revealed that Al Rayyan, Doha, and Umm Salal led in transaction values. Specifically, Al Rayyan recorded QR664.7 million, Doha QR633.5 million, and Umm Salal QR189 million. Other active municipalities included Al Daayen, Al Wakrah, Al Khor and Al Dhakira, and Al Shamal. Regarding traded areas, Al Rayyan contributed 47 percent, Doha 20 percent, and Umm Salal 10 percent of total activity.
Sales distribution followed a similar pattern. Specifically, Al Rayyan accounted for 32 percent of property sales, followed by Doha at 28 percent. Meanwhile, Al Wakrah contributed 13 percent, and Umm Salal and Al Daayen each recorded 10 percent. The remaining transactions occurred in Al Khor and Al Dhakira and Al Shamal.
Property prices varied across municipalities. Average square-foot rates ranged from QR483–819 in Doha, QR245–394 in Al Wakrah, QR331–471 in Al Rayyan, QR280–435 in Umm Salal, QR334–589 in Al Daayen, QR213–425 in Al Khor and Al Dhakira, and QR151–232 in Al Shamal. Ten properties accounted for the highest-value transactions across Al Rayyan, Doha, Umm Salal, and Al Daayen.
Mortgage activity also showed growth. The month recorded 136 deals totaling QR2.94 billion. Doha led with 72 mortgages, representing 52.9 percent of total transactions. Al Rayyan followed with 20, Al Wakrah 16, Al Daayen 14, Umm Salal 9, Al Khor and Al Dhakira 3, and Al Shamal 2. Mortgage values peaked at QR2.31 billion in Doha, while Al Shamal reported QR3.65 million.
Analysis of mortgaged properties versus mortgage value revealed interesting trends. All municipalities except Doha and Al Daayen had more mortgaged properties than mortgage value. The top 10 highest-value mortgaged properties, mostly in Al Rayyan and Doha, made up 61 percent of total mortgage value. Residential unit transactions also increased to 196 deals, totaling QR318.5 million.
Overall, these results underscore the robustness of Qatar real estate growth. Investors benefit from new laws, improved registration processes, and investment-friendly regulations. Therefore, the sector continues to serve as a cornerstone of Qatar’s economy, demonstrating resilience and steady expansion.
