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Tribune News Network
Doha
Property sales in Qatar between December 27 and 31 generated QR2.7 billion, with sales of buildings bringing in the biggest chunk of it — around 2.6 billion, which accounts for 97 percent of the total transactions, the latest Ezdan Real Estate report has said.
Citing figures from Qatar’s Real Estate Registration Department, the report said
sale of land lots during the period generated up to QR78mn, accounting for 2.9 percent of the total sales.
Most of the sales took place across eight municipalities — Umm Salal, Al Khor, Al Dhakhira, Al Doha, Al Rayyan, Al Shamal, Al Daayen, Al Shehaniyah and Al Wakra.
Doha Municipality acquired the highest deal in terms of value through the sale of a tower in the Onaizah area, at a value of QR 609mn.
The tower spans over an area of 4,030 square meters, at a price of QR14,039 per square foot.
Doha has also witnessed the sale of two towers at the same price, each at QR 467mn located in the Pearl Region, while Al-Mirqab area witnessed the sale of another tower at a value of QR212.3mn.
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13/01/2021
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