RIYADH: Qatar’s real estate transaction value climbed to 2.06 billion Qatari riyals ($566.4 million) in April, driven by a sharp increase in trading activity across key municipalities, official data showed.

A total of 516 real estate transactions were registered during the month, according to the Ministry of Justice’s monthly real estate bulletin.

The number of traded properties rose 128 percent, while transaction values increased 168 percent and traded areas expanded 185 percent compared with the previous month, the Qatar News Agency reported.

The strong April performance in Qatar was echoed across the Gulf with Dubai recording 68.56 billion Emirati dirhams ($18.67 billion) in real estate transactions over the month, while Saudi Arabia saw commercial real estate prices rise 3.4 percent year on year in the first quarter of 2026.

This all came despite heightened regional uncertainty linked to the ongoing Iran war, which has weighed on investor sentiment and financial markets in parts of the region