By the end of 2029, the construction sector in Qatar is anticipated to grow from its 2024 valuation of QAR127.88 billion ($35.1 billion) to around QAR158.05 billion ($43.4 billion), a recent report revealed.
According to the “Qatar Construction Industry Databook Series – Market Size & Forecast by Value and Volume, Q1 2025” report by ResearchAndMarkets, the construction market in Qatar has demonstrated robust growth from 2020 to 2024, achieving a compound annual growth rate (CAGR) of 2.5 percent. This positive trend is expected to persist, with forecasts indicating a CAGR of 3.3 percent from 2025 to 2029.
The findings highlighted that Qatar’s construction market is poised for significant expansion, projected to grow by 4.4 percent annually, reaching QAR133.55 billion ($36.7 billion) in 2025.
This report delivers a thorough data-centric analysis of the construction sector in Qatar, providing an in-depth look at market opportunities within the building and infrastructure construction industry at the national level. Featuring over 100 key performance indicators (KPIs) that cover growth dynamics in both building and infrastructure construction, as well as construction cost structure analysis, this databook equips stakeholders with a wealth of data-centric insights presented through charts and tables.
It offers a comprehensive analysis of market dynamics in the construction sector by utilizing various KPIs, such as value, volume, and unit counts. The building construction segment includes detailed segmentation across more than 30 categories within the residential, commercial, industrial, and institutional sectors.
The volume of real estate trading in sale contracts in Qatar reached QAR1.27 billion (approximately $357.5 million) in March 2025, a slight decrease from QAR1.29 billion in February. The latest data from the real estate analytical bulletin issued by the Ministry of Justice indicates that 283 real estate transactions were recorded in March, with the traded area index increasing by 14 percent.
Active municipalities in real estate
The municipalities of Doha, Al Rayyan, and Umm Salal have emerged as the most active in terms of financial transactions, according to the real estate market index, followed by Al Dhaayen, Al Wakrah, Al Shamal, and Al Khor and Al Dhakira.
According to Qatar’s real estate market index for March 2025, the financial value of transactions in the Doha municipality amounted to QAR549 million. In Al Rayyan, transactions totaled QAR281.1 million, while Umm Salal recorded QAR145.4 million. Transactions in Al Dhaayen reached QAR106.2 million, Al Shamal saw QAR103.5 million, and Al Wakrah recorded QAR58.9 million. Al Khor and Al Dhakira had transactions worth QAR32.6 million.
Read more: Qatar’s real estate trading volume surpasses $60.9 million in one week
Traded space and property sales
In terms of traded space, indicators revealed that Doha, Al Rayyan, and Al Shamal municipalities were the most active in terms of real estate transactions in Qatar last month. Regarding sold properties, the trading indices indicated that the most active municipalities in March were Doha (34 percent), followed by Al Rayyan (21 percent) and Al Shamal (14 percent). Al Dhaayen accounted for 12 percent, Al Wakrah for 7 percent, while Al Khor and Al Dhakira recorded 6 percent of the total real estate transactions.
Mortgage transactions total QAR2.53 billion
The average per-square-foot prices for March ranged from QAR332 to QAR756 in Doha, QAR217 to QAR414 in Al Wakrah, QAR365 to QAR546 in Al Rayyan, QAR377 to QAR526 in Umm Salal, QAR360 to QAR516 in Al Dhaayen, QAR221 to QAR372 in Al Khor and Al Dhakira, and QAR151 to QAR166 in Al Shamal.
The trading volume also highlighted the highest value of 10 properties sold in March across Qatar’s real estate sector, with Doha accounting for six properties, Al Rayyan for two, and one each in Umm Salal and Al Shamal.
In terms of mortgage transactions for March, the total number of transactions reached 140, with an aggregate value of QAR2.53 billion. Doha led with 59 mortgage transactions, representing 42.1 percent of the total, followed by Al Rayyan with 34 transactions (24.3 percent) and Al Dhaayen with 14 transactions (10 percent). Umm Salal recorded 13 transactions (9.3 percent), while Al Wakrah had 9 transactions (6.4 percent), and Al Khor and Al Dhakira recorded 6 transactions (4.3 percent).
As for residential units, the trading activity during March recorded 107 deals, amounting to a total value of QAR215,120,723.
