Real Estate trade volume exceeds QR146 million in one week

The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from December 19 to December 23, 2021, reached QR146.687 million.
The weekly bulletin issued by the Department showed that the list of real estate properties traded for sale has included vacant lands, houses, multi-purpose vacant lands.
Sales were concentrated in Umm Slal, Al Rayyan, Al Shamal, Al Khor and Al Dakhira, Doha, Al Daayen, Al Wakrah municipalities.
In the previous weekly bulletin of the real estate trading volume for the period from December 12 to December 16, 2021, the trading volume amounted to QR466.888 million.
According to professional opinion by various real estate players in Qatar , the ongoing revival in demand for both short-term and long-term housing will help stabilise property prices in 2022-23 in the country.
In addition, Qatar’s economy is expected to grow by an avg 3.2 percent annually between 2022 and 2030.