Real Estate Trading Volume Surpasses QR 239 Million in a Week

DOHA: The real estate market saw significant activity this week, with trading volumes exceeding QR 239 million, according to the Real Estate Registration Department at the Ministry of Justice. From December 1 to December 5, the volume of sales contracts registered reached QR 174,826,707, while sales contracts for residential units alone amounted to QR 64,763,879. According to Qatar News Agency, the weekly bulletin from the department listed various properties traded for sale, including vacant lands, residential homes, apartment buildings, a commercial building, and residential units. The sales were predominantly concentrated in several municipalities, notably Doha, Al Rayyan, Al Dhaayen, Al Wakrah, Umm Salal, Al Khor and Al Dhakira, and Al Shamal. Prominent areas like the Pearl, Lusail 69, and Dafna 60 also saw considerable trading activity. The previous week, from November 24 to November 28, registered a higher volume of real estate trading, reaching more than QR 343 million, highlighting fluctuations in t he market dynamics over the past weeks.