The volume of real estate trading in the sales contracts registered with the Real Estate Registration Department at the Ministry of Justice, during the period from 11 to 15 October, amounted to 381,785,585 riyals, while the total sales contracts for the real estate bulletin for residential units during the same period amounted to 119.076,038 riyals, bringing the total volume of real estate trading during the week to 500.861 million riyals.The weekly bulletin issued by the administration indicated that the list of properties traded for sale included space land, housing, residential buildings, administrative buildings, hotel apartments, shops, offices, and residential units, according to the Qatar News Agency (QNA).    The list of real estate traded for sale included space land,…

Mazaya Real Estate Development Company, listed on the Qatar Stock Exchange, has announced the launch of its new residential project "Alora" in the Jebel Thulaib area of Lusail City in Qatar, on a total area of about 11.2 thousand square meters.The company confirmed that the project includes 67 housing units, and aims to complete its completion before the end of 2028, according to the company’s disclosure to the Qatar Stock Exchange on Thursday.    The project includes 67 residential units. The company aims to complete its completion before the end of 2028The company is also currently working on completing the procedures for obtaining the necessary approvals and permits from the concerned authorities in preparation for the start of the project development work, in…

The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice last September amounted to 1,754,432,853 riyals, according to the Qatar News Agency (QNA).The data of the Analytical Real Estate Bulletin issued by the Ministry showed the registration of 495 real estate transactions during September 2026, and the index of the number of real estate sold during the month increased by (17%), and the value of real estate transactions index increased by (36%), while the index of traded areas recorded an increase of 62%, and the municipalities of Doha, Al-Rayan and Umm Salal topped the most active trades in terms of financial value, during the past month, according to the real estate market index, followed by the sizes of the…

The volume of real estate trading in the sales contracts registered with the Real Estate Registration Department at the Ministry of Justice of Qatar, during the period from October 4 to October 8, amounted to SAR 419,009,596, while the total sales contracts for the real estate bulletin for residential units during the same period amounted to SAR 80,767,845, bringing the total volume of real estate trading during the week to SAR 499.777 million.The weekly bulletin issued by the administration confirmed that the list of real estate traded for sale included space land, housing, residential buildings, commercial buildings, shops, apartments, and residential units, according to the Qatar News Agency (QNA).    The sale was concentrated in the municipalities of Al-Rayyan, Doha,…

Doha, Qatar: The volume of mortgage transactions achieved during the third quarter (Q3) of this year reached 351 transactions with a total amount of QR10.802bn. Doha Municipality registered the highest number of mortgage transactions with 190 (equivalent to 54.1 percent) of the total number of mortgaged properties, followed by Al Rayyan Municipality with 84 transactions (equivalent to 23.9 percent). Then Umm Slal Municipality with 26 transactions (equivalent to 7.5 percent) of the total number of mortgaged properties, according to data by Ministry of Justice. Regarding the value of mortgages in Q3, 2024, Doha Municipality comes first with amount of QR8.763bn while Al Shamal Municipality registered the lowest value which reached QR2.160m. Considering the indicator of movement of…

Doha: The real estate sector continues to drive Qatar’s economy as the compound annual growth rate (CAGR) is estimated to grow by 1.96 percent in the years ahead. According to a report by Statista, the market is anticipated to amount to a value of $446.60bn by the year-end. In terms of the residential and housing sector, the market dominates with an estimated market volume of $237.80bn in the same year. Several realty experts noted that the demand will surge in 2025 and will further accelerate the GDP growth. Analysts have highlighted that the rental rates have increased during the previous quarter across several prime localities. Among the research platforms in Qatar, hapondo recently stated that the average rent for a one-bedroom listed in the key and emerging residential…

Doha: The average asking rent for residential apartments indicates a significant upsurge in key neighborhoods across Qatar in Q3 2024, according to the online realty research platform - hapondo. The prime apartment markets continued to observe a spike in rents from July to September, the online marketplace said. As per the analysts at hapondo, the average rent for a one-bedroom listed in the West Bay area surged by over 7 percent to QR9,760 per month and by 4.5 percent to QR7,980 per month in Lusail’s Marina District. Meanwhile, in the two-bedroom apartment category, both West Bay and Marina have witnessed considerable increases in rental rates on a quarterly basis. On the other hand, market experts note that the rents in The Pearl Qatar have remained steady at QR8,490 per month…

Doha, Qatar: With an emphasis on redefining the concept of smart cities, Msheireb Downtown Doha seeks to change how people experience city life.   By relocating essential services underground — creating what Faisal AlMalki, COO of Msheireb Properties describes as ‘City under the City’ — this development not only enhances the aesthetic and functional quality of the urban landscape but also promotes sustainability and community engagement.   In an interview with The Peninsula AlMalki shares insights into the project’s evolution, its smart technologies, and how it aligns with global trends in urban development, positioning Msheireb Downtown Doha as a pioneering model for future cities.   “Our vision is to change the way that people…

Qatar: UDC elevates luxury living standards with Crystal Residence at Cityscape The United Development Company (UDC), the master developer of The Pearl Island and Gewan Island, is showcasing its most anticipated project, Crystal Residence, as the centrepiece of its participation in Cityscape.   Situated at the heart of Gewan Island, Crystal Residence exemplifies luxury, lifestyle, and sustainability, and stands as one of the most significant additions to UDC's growing portfolio of premium developments.   Crystal Residence offers a unique blend of opulence and modern convenience. Designed to cater to the discerning needs of its residents, the development includes a variety of luxurious units ranging from one to three-bedroom apartments and spacious four-bedroom duplexes. The…

Doha, Qatar: Qatar’s real estate market has continued to witness growth during the third quarter (Q3) of this year as it saw deals worth QR3.351bn for 798 real estate transactions in Q3 of 2024. In the third quarter of last year the real estate index achieved total value of QR3.597bn for 855 real estate transactions. The real estate transactions achieved the highest levels during September 2024 with a total value of QR1.419bn. While August 2024, registered a total value of QR827.058m and July of this year recorded QR1.105bn realty transactions. The real estate market index for Q3, 2024 revealed that Doha Municipality, Al Rayyan Municipality and Al Dhaayen Municipality consecutively are the most active in terms of financial value. The financial values of Doha Municipality totaled…

Doha: Alijarah Holding Company announced the expansion of its new property project - ‘Al-Rawdah’ in the Saudi market, yesterday. Signing an agreement worth QR55m with Arch. Radhwan Jamal Aldeen Babili company for Architectural Contracting, the collaboration aims to foster the design and enhancement of residential villas, externally and internally. The deal was signed and attended by the Chief Executive Officer of Alijarah Holding and its subsidiaries, Hamad Al Jamali and Arch. Radhwan Jamal Aldeen Babili, along with their respective teams. Speaking to The Peninsula on the sidelines of the partnership event, Hamad Al Jamali, Chief Executive Officer of Alijarah Holding said: “We bought land in Jeddah with over 5000 sq m. Our project is to build almost 10 luxury houses…

  The Gulf Co-operation Council (GCC) nationals and GCC-based expats are prepared to spend as much as $538mn on Doha’s residential market, according to global property consultancy Knight Frank’s second annual Destination Qatar report. This is based on its survey of 253 GCC nationals and 249 GCC-based expats, each with a minimum monthly income of $5,000, said Knight Frank, a London-based leading independent global property consultancy. “The principal reason GCC nationals and GCC-based expats would like to own residential property in Qatar is purely for capital gains, while the second biggest motivation is for a buy-to-let property," said Adam Stewart, Partner – Head of Qatar, Knight Frank. Overall, the survey uncovered a potential pool of $537.5mn of…