Qatar: Real Estate Transactions Register 49 Percent Increase

  • Date: 20-Sep-2020
  • Source: Al Bawaba
  • Sector:Real Estate
  • Country:Qatar
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Qatar: Real Estate Transactions Register 49 Percent Increase

The municipalities of Al Daayen, Doha, Umm Salal and Al Rayyan topped the most active transactions in terms of financial value, followed by Al Wakrah, Al Khor, Al Dhakira, Al Shamal and Al Shahaniya.

The value of the transactions in Al Daayen municipality amounted to QR1,593,779,284, while for Doha municipality it amounted to QR1,72,308,241; Umm Salal municipality saw deals worth QR633,374,628, and Al-Rayyan saw QR619,882,678 transactions.

The financial value of Al Wakrah municipality's transactions amounted to QR122,222,464, and the Al Khor and Al Dhakira municipality recorded transactions worth QR53,937,562, followed by Al Shamal municipality (QR52,424,666) and Al Shahaniya municipality (QR8,412,417).

In terms of the traded areas index, the municipalities of Al Daayen, Umm Salal, and Al Rayyan were the most active for real estate areas traded during the month of August, by 44%