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Real Estate Trading Exceeds QAR 466 Million in One Week

Economy

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Doha, May 21 (QNA) - The volume of real estate trading through sale contracts registered with the Real Estate Registration Department at the Ministry of Justice between May 10 and 14 reached QAR 405,748,934, while the total value of sale contracts recorded in the real estate bulletin for residential units during the same period amounted to QAR 60,729,725, bringing the total real estate trading volume for the week to QAR 466.478 million.

According to the weekly bulletin issued by the Real Estate Registration Department, traded properties included vacant land plots, houses, residential buildings, commercial shops, and residential units.

Sales transactions were concentrated in the municipalities of Al Rayyan, Doha, Al Daayen, Al Wakrah, Al Khor and Al Dhakira, Al Shamal, and Umm Salal, as well as in the areas of Lusail 69, The Pearl Island, Ghar Thuaileb, Legtaifiya, Al Gharrafa, and Al Wukair.

The volume of real estate trading in registered sale contracts had exceeded QAR 654 million during the period of May 3-7. (QNA)

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