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Qatar real estate trading volume crosses QR2 bn in Nov

Tribune news network
The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice during the month of November reached QR2.10 billion.
Data from the Ministry of Justice showed the registration of 440 real estate deals during the month. This represented an increase of 3 percent on a monthly basis, while the total area traded rose 37 percent. The value of real estate transactions grew by 28 percent.
The municipalities of Doha, Al Rayyan and Al Wakra topped the most active trades in terms of financial value during the month of November, according to the real estate market index, followed by the municipalities of Al Dhayen, Umm Salal, Al Khor, Al Thakhira, Al Shamal and Al Sheehaniya in transaction volumes.
The real estate market index for November showed that the total value of transactions in the Doha municipality amounted to almost QR2 billion. In Al Rayyan municipality, more than QR545 million of real estate exchanged hands.