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Doha, March 11 (QNA) - The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in February 2025 amounted to QR 1,292,500,196.
Data from the real estate analytical bulletin issued by the Ministry of Justice revealed that 365 real estate transactions were recorded during the month. The municipalities of Doha, Al Rayyan, and Al Dhaayen topped the list for the most active transactions in terms of financial value, according to the real estate market index, followed by Al Wakrah, Umm Salal, Al Khor and Al Dhakira, and Al Shamal.
The real estate market index for February 2025 showed that the financial value of transactions in Doha municipality amounted to QR 478,470,312. In Al Rayyan, the financial values of transactions was QR 316,994,510 , while in Al Dhaayen, it was QR 232,149,925. Transactions in Al Wakrah amounted to QR 101,259,540, and Umm Slal recorded QR 79,988,096. Al Khor and Al Dhakira recorded QR 52,057,857, while transactions in Al Shamal totaled QR 31,099,956.
In terms of the traded space index, indicators revealed that Al Rayyan, Doha, and Al Dhaayen municipalities recorded the most active municipalities, in terms of traded real estate spaces during February 2025: Al Rayyan (29%), followed by Doha (26%), and Al Dhaayen (18%). Al Wakrah recorded 10%, and Umm Salal recorded 7%, while the municipalities of Al Shamal and Al Khor and Al Dhakira recorded 5% of the total traded spaces.
Concerning the index of the number of real estate transactions (sold properties), trading indices revealed that the most active municipalities during February were Doha with 32%, followed by Al Rayyan with 23%, then Al Dhaayen with 13%, and Al Wakrah with 11%. Umm Salal recorded traded transactions of 10%, Al Khor and Al Dhakira with 6%, and Al Shamal with 5% of the total real estate transactions.
An average per square foot prices for February ranged between (394-767) in Doha, (259-493) in Al Wakrah, (319-448) in Al Rayyan, (284-496) in Umm Salal, (327-514) in Al Dhaayen, and (321 -323) in Al Khor and Al Dhakira.
The trading volume revealed the highest value of 10 properties sold in February with Al Rayyan recording five properties, two properties in Doha, and one property in each of Al Dhaayen and Al Wakrah.
As for the volume of mortgage transactions in February, the number of transactions amounted to 145 transactions, with a total value of QR 3,115,872,876.
Doha recorded the highest number of mortgage transactions with 48 transactions, equivalent to 33.1% of the total number of mortgaged properties, followed by Al Rayyan with 32 transactions, equivalent to 22.1% of the total number of mortgaged properties, and Al Dhaayen and Al Wakrah with 21 transactions equivalent to 14.5% of the total number of mortgaged properties, then Al Khor and Al Dhakira with 11 transactions equivalent 7.6%, Umm Salal with 10 transactions, equivalent to 6.9%, followed by Al Shamal and Al Sheehaniya with 0.7% each.
As to the value of mortgages, the municipality of Doha came in the lead with a value of QR 1,488,110,123, with Al Sheehaniya recording the lowest value of QR 308,000.
As for residential units, their trading movement during February recorded 106 deals with a total value of QR 210,266,872.
This data confirms the continued strong growth of the Qatari real estate sector in various investment and commercial fields, thanks to the new decisions related to real estate brokerage, real estate registration and documentation, ownership and usufruct, in addition to the laws that attract local and foreign capital, which enhances its position as one of the most important components of the national economy. (QNA)
