Doha, Qatar: Qatar’s real estate sector recorded 426 mortgage transactions with a total amount of QR12.966bn from January to March (Q1) this year.
Doha Municipality registered the highest number of mortgage transactions with 238 (equivalent to 55.9 percent) of the total number of mortgaged properties, followed by Al Rayyan Municipality with 70 transactions (equivalent to 16.4 percent). Then Al Daayen and Umm Slal municipalities with 36 transactions (equivalent to 8.5 percent) of the total number of mortgaged properties, according to data by Ministry of Justice.
The volume of mortgage transactions achieved during Q1 2025 reached 434 transactions, with a total amount of QR10.037bn where Doha Municipality registered the highest number of mortgage transactions with 164 equivalent to 37.8 percent, followed by Al Rayyan Municipality with 117 transactions equivalent to 27 percent, then Al Daayen Municipality with 50 transactions equivalent to 11.5 percent of the total number of mortgaged properties.
As for the value of mortgages in the first quarter of this year, Doha Municipality ranked first with a total of QR9.311bn while Al Shamal Municipality registered the lowest value at QR13,914,000 and Al Sheehaniya Municipality did not record any mortgage transaction.
Comparing to Q1 2025, Doha Municipality again led with a value of QR5.313bn while Al Sheehaniya Municipality recorded the lowest value QR637,000
This data also confirms the strength and solidity of the foundations of the Qatari economy and the continued growth of the real estate sector as one of its main components.
The real estate trading data during the period shows that the real estate sector continues its steady growth strongly in various investment and commercial fields. Thus, it continues the active trading movement witnessed by the sector, especially with the issuance of laws and decisions related to real estate brokerage, real estate registration and documentation, ownership and usufruct, in addition to laws attracting local and foreign capital.