Qatar real estate transactions climb to $566m in April

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.

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