Arab News: Qatar’s property price index hit a record 244.56 points in May as strong transaction activity and mortgage lending continued to support the real estate market.
The index rose 8.7 percent from a year earlier and 1.28 percent from April, according to data released by the Qatar Central Bank. The reading marks the highest level since the current Real Estate Price Index series was introduced in June 2021.
Published monthly, the index tracks price movements based on actual buy-and-sell transactions registered with the Ministry of Justice. Using 2014 as its base year, the index calculates average prices from recorded deals, classified by property type and location, and converts them into an index that reflects broader market trends.
The latest reading highlights the strength of Qatar’s real estate market, supported by steady demand across residential and commercial segments amid ongoing infrastructure investment and economic growth.
Trading activity remained strong in May, with total real estate transactions exceeding 1.73 billion Qatari rials ($476.80 million) across 420 deals, according to the Ministry of Justice’s Real Estate Analytical Bulletin.
Rayyan Municipality led all districts in transaction volume, recording 139 sale deals, followed by Doha and then Al-Daayen. In terms of total sales value, however, Doha Municipality topped the list with sales surpassing 559 million rials.
At the area level, Al-Sailiya recorded the single highest-value transaction in May, at 73 million rials, followed by Lusail with more than 46 million rials.
Residential units accounted for approximately 200.9 million rials of the total, spread across 118 individual sale transactions.
On the mortgage and financial collateral front, the total value of mortgages registered in May exceeded 11 billion rials across 131 transactions. Doha Municipality once again dominated, with mortgage values in the capital approaching 5.9 billion rials.
Momentum carried into mid-June, with the Real Estate Registration Department at the Ministry of Justice reporting that the total value of registered sale contracts for the week of June 14–18 reached 545.32 million rials.
Residential unit sales contracts during the same period totaled 50.97 million rials. According to the department’s weekly bulletin carried by the Qatar News Agency, the properties traded included vacant plots, residential villas, apartment buildings, and residential units.
Sales activity was concentrated across numerous municipalities including Doha, Rayyan, Al-Wakra, Al-Daayen. The preceding week of June 7–11 saw registered sale contracts totalling 379.19 million rials, pointing to a significant week-on-week uptick in trading volumes of around 44 percent.
Combined real estate trading volume for the week, including residential unit sales, reached approximately 596.29 million rials.
The figures collectively reflect the continued vitality and resilience of Qatar’s real estate sector heading into the second half of 2026.
https://www.arabnews.com/node/2648538/business-economy
