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Gulf Press > Gulf > Qatar > Real estate sales surpass QR269m in the past week.
Qatar

Real estate sales surpass QR269m in the past week.

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Last updated: 2024/09/06 at 8:44 AM
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Real estate trading in Doha, Qatar saw a significant increase in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice recently. From August 25 to 29, the total volume of sales contracts reached an impressive QR242,912,078. The bulletin also revealed that the total sales contracts for residential units alone amounted to QR26,272,599 during the same period.

The real estate trading activities involved a variety of properties, including vacant lands, residences, residential buildings, commercial shops, and residential units. The municipalities that saw the highest concentration of sales operations were Al Rayyan, Doha, Al Dhaayen, Al Khor, Al Dhakhira, Umm Salal, Al Wakra, and Al Shamal. Additionally, the areas of Pearl Island, Umm Ubairiya, Rawdat Eqdeem, and Lusail 69 were highlighted for their active real estate trading.

As the real estate market continues to thrive in Qatar, investors and buyers are showing increased interest in various types of properties. The bulletin issued by the department serves as a valuable resource for individuals looking to stay informed about the latest trends and developments in the real estate sector. With a wide range of properties being traded, from residential units to commercial shops, there are ample opportunities for individuals to invest in the vibrant Qatari real estate market.

The impressive figures reported in the recent bulletin indicate a positive outlook for the real estate market in Doha. The strong performance of the sector is a testament to the growing demand for properties in Qatar, both from investors and local residents. As the government continues to invest in infrastructure development and urban planning, the real estate market is poised for further growth and expansion in the coming years.

For those looking to participate in the thriving real estate market in Doha, now is an opportune time to explore investment opportunities. Whether individuals are interested in residential properties, commercial spaces, or vacant lands, there is a diverse range of options available for investors to consider. By staying informed about the latest developments in the real estate market, investors can make well-informed decisions that align with their investment goals and objectives.

Overall, the recent bulletin highlights the robust activity in the real estate market in Doha, with a significant volume of sales contracts registered within a short period. As the sector continues to attract investors and buyers, there is a sense of optimism surrounding the future growth and development of the real estate market in Qatar. With a diverse range of properties being traded and active sales operations in key municipalities and areas, the real estate market in Doha remains a dynamic and promising sector for investors and buyers alike.

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News Room September 6, 2024
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