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Real estate sales value reaches QR458mn in 41st week of 2026
The General Real Estate Regulatory Authority (Aqarat) said some indicators in Qatar’s real estate market declined last week.
Data published by the authority on its account on the social media platform X on Sunday showed that the total value of real estate sales contracts during the 41st week of 2026, from October 4 to 10, reached QR458mn, down 14% week on week and 28.1% year on year.
A total of 111 sales contracts were recorded, a decline of 19.6% week on week and 24% year on year. Villas accounted for the largest share of sales, valued at QR221mn, or 48.3% of the total. Vacant land followed at QR121.2mn, or 26.5%, while residential apartments accounted for QR37.7mn, or 8.2%. Other property types totaled QR78mn, or 17%.
Al Rayyan Municipality led sales by value at QR166.2mn, followed by Doha Municipality at QR165.7mn and Al Daayen Municipality at QR53.8mn.
The authority reported 27 mortgage contracts during the week, with a combined value of QR114.56mn. Mortgage value fell 89% week on week and 94.3% year on year. The number of contracts was unchanged from the previous week but increased 17.4% year on year.
Villas accounted for QR83mn, or 72.8% of mortgage value, while vacant land accounted for QR31mn, or 27.2%.
Doha Municipality ranked first in mortgage value at QR74mn, followed by Al Daayen Municipality at QR24mn and Al Wakrah Municipality at QR6mn.
In the rental market, the authority reported 400 lease contracts with a combined value of QR3.04mn. Rental value fell 82.3% week on week and 79.6% year on year. The number of contracts declined 78.4% week on week and 77.3% year on year.
Source: Gulf Times