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|14 October, 2018

Qatar’s real estate deals fall 13% in September

Total transactions amounted to $354mln in September

Image used for illustrative purpose. The Doha Office Tower (L) stands next to skyscrapers under construction in Doha ,

Image used for illustrative purpose. The Doha Office Tower (L) stands next to skyscrapers under construction in Doha ,

REUTERS/Mohammed Dabbous

Qatar's real estate transactions dropped 13.3% month-on-month in September, according to the Justice Ministry’s recent data.

The recent report showed that the number of deals increased to 349 deals last month.

Total transactions amounted to QAR 1.3 billion in September, compared to QAR 1.5 billion in August, according to the ministry’s data.

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Doha has seen the highest real estate deals last month with a total amount of QAR 466.9 million, followed by Al Rayyan and Al Daayen with QAR 286.1 million and QAR 232.9 million, respectively.

Source: Mubasher

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