Tag: Qatar NDS3

  • Qatar Property Sales Reach $740.5 Million in February 2026

    Qatar Property Sales Reach $740.5 Million in February 2026

    Qatar’s property sector demonstrated strong momentum throughout February 2026, with overall sales reaching QAR2.709 billion ($740.5 million), according to data published by the Real Estate Registration Department within the Ministry of Justice on March 13, 2026.

    The market registered 508 land transactions during the month, reflecting sustained capital commitment to the state’s economic outlook as regional markets continue to attract international investment.

    Sharp Month-on-Month Growth

    Compared with January 2026, the volume of registered properties showed growth of 19%, while the real estate transaction value index climbed by 56%. The total surface area traded recorded a jump of 55%, indicating both increased activity and higher-value deals entering the market.

    The performance aligns with broader regional real estate momentum, as Gulf markets continue to benefit from economic diversification strategies and infrastructure development programmes.

    Doha Municipality Leads Regional Activity

    Based on the real estate market index, Doha Municipality ranked highest for total monetary turnover during February 2026, registering transaction volumes worth QAR1.184 billion. Al Rayyan Municipality attained QAR847 million, while Al Dhaayen Municipality documented sales totaling QAR268 million.

    In terms of transaction volume share, Doha accounted for 30% of all property sales in February, followed by Al Daayen at 23% and Al Rayyan at 21%. Surface area metrics showed Al Rayyan leading at 37%, Doha at 25%, and Al Wakrah at 18% of aggregate transaction acreage.

    Property Valuation by Municipality

    Property valuation averaged QAR972 per square foot in Doha, followed by QAR571 in Al Daayen and QAR555 in Al Rayyan. Other regional rates included QAR399 in Al Wakrah, QAR394 in Umm Slal, QAR415 in Al Khor and Thakira, QAR261 in Al Shamal, and QAR146 in Al Sheehaniya.

    For vacant plots specifically, the average cost per square foot reached QAR493 in Doha, QAR429 in Al Wakrah, and QAR333 in Al Rayyan. Additional prices included QAR315 in Umm Slal, QAR283 in Al Daayen, QAR328 in Al Khor and Thakira, and QAR149 in Al Shamal.

    Top-Tier Transactions Concentrated in Doha

    Transaction data showed that the peak valuation for the top 10 real estate sales was documented in February, featuring eight assets located within Doha Municipality and two units within Al Rayyan, underscoring the capital’s continued appeal to high-net-worth investors.

    National Development Strategy Support

    The continuous strengthening of real estate activity underlines its importance to the Qatari economy, with upward trends supporting the success of initiatives aimed at diversifying national revenue streams beyond hydrocarbon sectors.

    Qatar’s Third National Development Strategy (NDS3) places significant emphasis on the property market, with objectives to enhance the state’s appeal to investors and enterprises while establishing a hospitable environment for both capital and qualified personnel.

    The February performance demonstrates Qatar’s ability to maintain robust property market fundamentals despite global economic uncertainties, reflecting investor confidence in the state’s long-term economic vision and strategic capital allocation trends across the Gulf region.