Aqarat: Real Estate Sales Value Declines Last Week

Data from the General Real Estate Regulatory Authority (Aqarat) showed that indicators in the State of Qatar's real estate market varied during the past week.

The data showed that the total value of sales contracts during the 45th week of 2026, from November 1 to 7, reached QR 540.5 million, down 65 percent week over week and up 51.6 percent year over year. A total of 142 contracts were executed, an increase of 23.5 percent week over week and a decline of 10.7 percent year over year.

The authority said sales during the week were distributed by property type, with vacant land accounting for QR 308.5 million, or 57.1 percent of the total sales value, followed by villas at QR 143.2 million, or 26.5 percent, and residential apartments at QR 65.9 million, or 12.2 percent. Other property types accounted for QR 22.9 million, or 4.2 percent.

Umm Salal Municipality led transactions with QR 146.4 million, accounting for 35 percent, followed by Doha Municipality with QR 143 million, or 34.2 percent, and Al Daayen Municipality with QR 128.3 million, or 30.7 percent.

Regarding mortgage indicators, 35 mortgage contracts were recorded during the week, with a total value of QR 405 million. The value increased by 67.9 percent week over week and 11.6 percent year over year, while the number of contracts rose by 133.3 percent week over week and fell by 59.1 percent year over year.

Mortgage values were distributed by property type, with vacant land accounting for QR 234 million, or 61.3 percent, followed by villas at QR 117 million, or 30.6 percent, and apartment buildings at QR 31 million, or 8.1 percent.

Al Rayyan Municipality ranked first in mortgage value with QR 170 million, accounting for 44 percent, followed by Doha Municipality with QR 163 million, or 42 percent, and Al Wakrah Municipality with QR 53 million, or 13.7 percent.

Regarding rentals, Aqarat reported 818 lease contracts with a total value of QR 7.42 million. The value declined by 10.4 percent week over week and 38.5 percent year over year, while the number of contracts fell by 27.6 percent week over week and 42.9 percent year over year.

Rental values were distributed by property type, with villas accounting for QR 3 million, or 40.5 percent, followed by apartments at QR 2.4 million, or 32.4 percent, and commercial showrooms at QR 1.5 million, or 20.3 percent. Other property types accounted for QR 0.5 million, or 6.8 percent. Doha Municipality ranked first in rental value with QR 3.1 million, accounting for 49.2 percent, followed by Al Rayyan Municipality with QR 2.3 million, or 36.5 percent, and Al Wakrah Municipality with QR 0.9 million, or 14.3 percent.

Source: QNA

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