15/03/2025 06:17 AST

The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in February 2025 amounted to QR1,292,500,196.

Data from the real estate analytical bulletin issued by the Ministry of Justice revealed that 365 real estate transactions were recorded during the month. The municipalities of Doha, Al Rayyan, and Al Dhaayen topped the list for the most active transactions in terms of financial value, according to the real estate market index, followed by Al Wakrah, Umm Salal, Al Khor and Al Dhakira, and Al Shamal.

The real estate market index for February 2025 showed that the financial value of transactions in Doha municipality amounted to QR478,470,312. In Al Rayyan, the financial values of transactions was QR 316,994,510 , while in Al Dhaayen, it was QR232,149,925. Transactions in Al Wakrah amounted to QR101,259,540, and Umm Slal recorded QR79,988,096. Al Khor and Al Dhakira recorded QR52,057,857, while transactions in Al Shamal totaled QR31,099,956.

In terms of the traded space index, indicators revealed that Al Rayyan, Doha, and Al Dhaayen municipalities recorded the most active municipalities, in terms of traded real estate spaces during February 2025: Al Rayyan (29%), followed by Doha (26%), and Al Dhaayen (18%). Al Wakrah recorded 10%, and Umm Salal recorded 7%, while the municipalities of Al Shamal and Al Khor and Al Dhakira recorded 5% of the total traded spaces.

Concerning the index of the number of real estate transactions (sold properties), trading indices revealed that the most active municipalities during February were Doha with 32%, followed by Al Rayyan with 23%, then Al Dhaayen with 13%, and Al Wakrah with 11%.

Umm Salal recorded traded transactions of 10%, Al Khor and Al Dhakira with 6%, and Al Shamal with 5% of the total real estate transactions.

An average per square foot prices for February ranged between (394-767) in Doha, (259-493) in Al Wakrah, (319-448) in Al Rayyan, (284-496) in Umm Salal, (327-514) in Al Dhaayen, and (321 -323) in Al Khor and Al Dhakira.


The Peninsula

Ticker Price Volume
Bahrain set to launch first locally developed satellite

15/03/2025

Bahrain is set to launch Al-Munther on Saturday, its first domestically designed and developed satellite.

The project is spearheaded by the National Space Science Agency and marks a mileston

BNA

Intersection between family offices and early-stage startups poised to expand, experts say

15/03/2025

Family offices have traditionally been influential in private capital investment, but their role in business funding and early-stage startups has often remained under the radar.

Historical

Arab News

Population growth, regulatory reforms and tourism reshaping Saudi real estate sector

15/03/2025

Saudi Arabia's real estate sector is poised for robust expansion thanks to an increasing population, growth in the tourism industry, and friendly government policies and regulatory reforms, experts t

Arab News

S&P lifts Saudi Arabia's rating on sustained economic shift away from oil

15/03/2025

Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, underpinned by the ongoing social and economic transformation in the country.

Fitch s

Arab News

Construction giant ALEC looks to replicate UAE success in Saudi Arabia

14/03/2025

One of the UAE's biggest construction firms, ALEC is making headway in Saudi Arabia as it seeks pick up more of the big-ticket contracts. ALEC, which built the record-setting One Za'abeel twin towers

Gulfnews