Qatar Property Prices Reach Historic High on Strong Real Estate Demand
RIYADH — Qatar’s property price index hit a record 244.56 points in May, driven by strong transaction activity and robust mortgage lending, according to data from the Qatar Central Bank.
The index rose 8.7 percent from a year earlier and 1.28 percent from April, marking the highest level since the current series was introduced in June 2021. The index is based on actual buy-and-sell transactions registered with the Ministry of Justice.
Total real estate transactions exceeded 1.73 billion Qatari rials ($476.80 million) across 420 deals in May. Rayyan Municipality led in transaction volume with 139 deals, followed by Doha and Al‑Daayen. In terms of total sales value, however, Doha topped the list with sales exceeding 559 million rials.
At the area level, Al‑Sailiya recorded the highest single transaction in May at 73 million rials, followed by Lusail with over 46 million rials. Residential units accounted for approximately 200.9 million rials across 118 transactions.
Mortgage activity also remained strong. The total value of mortgages registered in May exceeded 11 billion rials across 131 transactions, with Doha Municipality once again dominating at nearly 5.9 billion rials.
Momentum carried into mid‑June. For the week of June 14‑18, registered sale contracts totalled 545.32 million rials, with residential unit sales reaching 50.97 million rials. The preceding week of June 7‑11 saw 379.19 million rials, pointing to a significant 44 percent week‑on‑week increase in trading volumes.
Combined real estate trading volume for the week, including residential unit sales, reached approximately 596.29 million rials.
The figures reflect the continued strength of Qatar’s property market, supported by steady demand across residential and commercial segments amid ongoing infrastructure investment and economic growth.
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