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Home Sector Real Estate Qatar real estate: Trading volume exceeds $161.8 million in week

Qatar real estate: Trading volume exceeds $161.8 million in week

Residential unit sales during the same period amounted to $15.7 million showcasing demand
Qatar real estate: Trading volume exceeds $161.8 million in week
Qatar's real estate sector experiences significant growth amid rising sales contracts.

The volume of real estate trading through sales contracts registered with the Real Estate Registration Department at Qatar’s Ministry of Justice from May 11-15 reached QAR532,606,037 (approximately $161.8 million). During the same period, total sales contracts for residential units amounted to QAR57,273,099, as reported by the Qatar News Agency (QNA).

Read more: Qatar real estate market surges with $112.8 million in weekly trading volume

For further details, see: Qatar real estate market surges with $112.8 million in weekly trading volume.

The weekly bulletin from the Department highlights that the properties traded included vacant lands, residential homes, apartment buildings, commercial buildings, and residential units.

Sales activities were primarily concentrated in the municipalities of Doha, Al Dhaayen, Al Rayyan, Al Wakrah, Umm Salal, Al Khor, Al Dhakira, and Al Shamal, as well as in areas such as The Pearl, Lusail 69, Ghar Thuaileb, Legtaifiya, Umm Al Amad, and Dafna 60.

Additionally, the volume of real estate transactions registered with the Real Estate Registration Department from May 4-8 exceeded QAR489 million.

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