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May 25 2011

Real estate transactions up 65 percent

DOHA: Real estate transactions steeped up to QR797m last week, up 65 percent over the previous week (QR482m), Qatar News Agency (QNA) reported yesterday.

The details released by the Ministry of Justice on its website for weekly real estate transactions (between May 15 and 19) showed that they were worth QR797m. However, the previous week (between May 8 and 12) the figure of real transactions was merely QR482m.

The list of properties that were traded either by sale or mortgage includes open plots of land, two-floor villas, annex, houses and residential compounds, which are located in the municipalities of Umm Salal, Doha, Al Wakra, Al Khor, Al Rayyan, Al Dain and Al Shimal.

© The Peninsula 2011

© Copyright Zawya. All Rights Reserved.


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