RIYADH: Real estate trading on contracts registered with the Qatari government reached 1.73 billion Qatari riyals ($473.29 million) in May, an annual drop of 31.3 percent.
According to the analytical real estate bulletin issued by the Ministry of Justice, the municipalities of Doha, Al Rayyan, and Al Daayen led trading activity in terms of financial value during May, followed by Al Wakrah, Umm Salal, Al Khor and Al Dhakira, as well as Al Shamal.
The real estate sector activity reflects Qatar’s broader economic diversification efforts, supported by recent legislation governing real estate brokerage, registration and documentation, ownership and usufruct, alongside laws aimed at attracting local and foreign investment.
“The real estate trading data for May 2026 indicate that the real estate sector continues to grow strongly across various investment and commercial fields, sustaining the active trading momentum the sector has witnessed in recent times,” Qatar News Agency quoted the bulletin as saying.
The value of transactions was highest in Doha municipality at 559 million riyals, followed by Al Rayyan with 538.6 million riyals and Al Daayen with 368.3 million riyals. Al Wakrah recorded transactions worth 97.7 million riyals, ahead of Umm Salal at 88.8 million riyals, while Al Khor and Al Dhakira reached 57.1 million riyals. Al Shamal registered the lowest total at 22.3 million riyals.
