Qatar real estate trading volume falls 5.7% week on week to $120.5m

Qatar real estate trading volume falls 5.7% week on week to $120.5m
Qatar’s real estate market is gaining momentum as part of the country’s broader economic diversification drive, despite the recent dip. Shutterstock
Short Url
Updated 30 April 2026 14:54
Follow

Qatar real estate trading volume falls 5.7% week on week to $120.5m

Qatar real estate trading volume falls 5.7% week on week to $120.5m

JEDDAH: Qatar’s real estate trading volume fell by 5.7 percent week on week to 438.52 million riyals ($120.5 million) in the period from April 19 to 23, official data showed.

The figure declined from more than 465 million riyals in the previous week, according to the Real Estate Registration Department at the Ministry of Justice, which said in its weekly bulletin that the latest figure included 398.67 million riyals in registered sales contracts and 39.84 million riyals in residential unit transactions.

Qatar’s real estate market is gaining momentum as part of the country’s broader economic diversification drive, with sales transactions rising to 9.2 billion riyals in the first quarter of 2026 from 7.2 billion riyals a year earlier, marking annual growth of 28.5 percent and reflecting sustained investor confidence.

The latest Qatari bulletin showed that traded properties included vacant land, residential homes, residential buildings, commercial shops, mixed-use commercial and residential buildings, and residential units.

Sales activity was concentrated across the municipalities of Doha, Al Rayyan, and Al Wakrah, as well as Al Daayen, Umm Salal, and Al Khor, among others.  

The department noted that real estate trading volume exceeded 465 million riyals in sales contracts during the period from April 12 to 16, including more than 61.6 million riyals from residential unit transactions.

Regionally, Dubai’s real estate sector delivered a strong performance in the first quarter of 2026, with total transactions reaching 252 billion UAE dirhams ($68.5 billion), marking a 31 percent year-on-year increase in value and a 6 percent rise in volume.

In Saudi Arabia, the real estate price index declined by 1.6 percent year on year in the first quarter of 2026, data issued by the General Authority for Statistics showed.

The index fell to 103.3 points in the first quarter of 2026, based on 2023 as the base year, compared with 104.9 points in the first quarter of 2025. The decline was driven by a 3.6 percent drop in the residential sector, which holds the largest weight in the index at nearly 73 percent.

In Oman, the market showed a financing-led growth pattern, with early 2026 data indicating rising transaction values supported by stronger mortgage activity rather than broad-based volume expansion.

According to the Sultanate's National Centre for Statistics and Information, total real estate activity in January 2026 rose 27.1 percent year-on-year to 235.8 million Omani riyals ($613 million).

The increase was led by a 37.5 percent rise in sales contract values to 109.9 million riyals, while the number of sales contracts remained broadly stable, rising just 0.7 percent to 5,725 transactions.