Qatar: Realty deals worth $417mln inked in December 2023

Qatar: Realty deals worth $417mln inked in December 2023

Doha, Qatar: Real estate trading in Qatar has crossed QR1.5bn in December 2023. According to the real estate data from the Ministry of Justice, the real estate transactions during December reached QR1.521bn.

During December 2023, the real estate transactions index achieved a total value of QR1.521bn for 329 real estate deals. Compared to November 2023, it is found that the index of real estate has registered an increase of 2 percent.

According to the data the index of real estate registered a rise of 4 percent and concerning index of traded spaces of real estate trading registered a decrease of 3 percent.

The index of the real estate market index for December 2023 revealed that the Municipality of Doha, Municipality of Al Rayyan and Municipality of Al Wakrah were the most active municipalities with regard to financial value. The financial value transactions of Municipality of Doha amounted to QR716.299m, Al Rayyan Municipality came in second place with value of transactions amounting to QR252.656m and Al Wakrah Municipality came in the third place with a trading value amounting to QR194.519m.

The indices show that the most active municipalities in real estate trading according to the area index are Doha Municipality by 31 percent followed by