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Business / Qatar Business

Over 21% growth in numbers of weekly real estate deals

Published: 07 Mar 2022 - 08:11 am | Last Updated: 07 Mar 2022 - 08:11 am

The Peninsula

Doha: The value of real estate transactions in Qatar recorded QR350.6m during fourth week of Feb with a decrease of 28.3 percent compared to the previous week, while that period witnessed execution of 96 real estate deals, with a growth of 21.3 percent and an average of QR3.65m per deal, according to data of weekly real estate bulletin issued by Real Estate Registration Department at the Ministry of Justice from 20 to 24 February, 2022.

The weekly real estate index issued by the Market Research Department at Utopia properties company noted that in terms of vacant land deals, their total value amounted to QR109.9m through the execution of 46 deals, with an average of QR2.4m per deal.