Qatar Real Estate Market Report - Oct'22

The Real Estate Bulletin 10th Issue of October 2022

List of the Monthly Bulletin of the Properties Sold for October 2022

The Real Estate Bulletin I October 2022/ Ministry of Justice

The Volume of the Real Estate Trading during October 2022

The Real Estate Bulletin I October 2022/ Ministry of Justice

The real estate transactions index reached 1,492,507,657 QR for 301 transactions. In October 2022 the real estate index decreased by -41%. Real estate trading value index increased to 10%, while traded area index decreased by -20%.

Real Estate Trading Volume During October 2022 Difference in Performance Change Of the Real Estate Market

The Real Estate Bulletin I October 2022/ Ministry of Justice

The Deals Financial Value Index for October 2022 745,777,781

317,012,018 238,846,497

94,340,165

Al-Rayyan

Doha

Al-Dhaayen

Al-Wakrah

58,399,045

Umm Slal

35,522,151

Al Khor and Dakhira

2,610,000

Al-Shamal

The Real Estate Bulletin I October 2022/ Ministry of Justice

Al Rayyan, Doha Municipality, and Al Dhaayen Municipality are the most active in terms of financial value, with Al Rayyan Municipality's dealings reaching (745,777,781) QR, Doha Municipality ranking second with (317,012,018) QR, and Al Dhaayen Municipality ranking third with (238,846,497) QR.

Number of Traded Properties as per Municipalities

3

Al Shamal Municipality

Al-Khor & Dhekra Municipality

QR 2,610,000

25

QR 35,522,151

Al Dhaayen Municipality

Umm Slal Municipality

Doha Municipality

Al Sheehaniya Municipality

79

QR 317,012,018

QR 0

109

40

QR 238,846,497

QR 58,399,045

0

25

Al Rayyan Municipality QR 745,777,781

Al Wakrah Municipality

20

QR 94,340,165

The Real Estate Bulletin I September 2022/ Ministry of Justice

Traded Spaces Umm Slal 6%

Al Khor and Al Dakhira 5% Al Wakrah Al Shamal 7% 1%

Doha 17%

Al Dhaayen 19%

Al Rayyan 45%

Percentage of Traded Spaces as per Municipalities

Al Rayyan Municipality has 45% of the total deals area, followed by Al Daayen Municipality (19%) and Doha Municipality (17%).

The Real Estate Bulletin I October 2022/ Ministry of Justice

Transactions Number Indicator Al Wakrah 7%

Umm Slal 9%

Al Khor and Al Dakhira 8% Al Shamal 1%

Doha 26%

Al Daayen 13%

Al Rayyan 36%

Percentage of Number of deals Traded as per Municipalities

Al Rayyan Municipality sold the most real estate (36%), followed by Doha (26%) and Al Dhaayen (13%).

The Real Estate Bulletin I October 2022/ Ministry of Justice

Mortgage Trading Movement during September 2022

Umm Slal 1.7%

Al Shamal 1.7%

Al Wakra 18.2%

Doha 49.6%

Al Dhaayen 6.6%

Doha Municipality recorded the highest number of mortgage transactions with (60) transactions, equivalent to (49.6%) of the total number of mortgaged real estate, followed by Al Rayyan Municipality with (27) transactions, equivalent to (22.3%) of the total number of mortgaged real estate, then followed by Al Wakrah Municipality with (22) transactions equivalent to (18.2%)

Al Rayyan 22.3%

The Real Estate Bulletin I October 2022/ Ministry of Justice

Average per Square Foot Prices for October and September 2022 October 2022

347

342

624

873

243

260

205

609 414

414

472 278 152

Doha

Al Wakrah

Buildings

Al Rayyan

Umm Slal

Al Dhaayen

Al Khor and Dakhira

Al-Shamal

Vacant Land

Al Shamal Municipality has not registered any building sale transaction, while the Al Sheehaniya has not registered any sale transaction.

September 2022

344

290 856

290

262

302

281 581 440

Doha

Al Wakrah

Buildings

461

387

Al Rayyan

Umm Slal

143 308

Al Dhaayen

Al Khor and Dakhira

237

Al-Shamal

Vacant Land

Al Sheehaniya Municipality has not recorded any transaction.

The Real Estate Bulletin I October 2022/ Ministry of Justice

Top Ten Properties Al Daayen Old Rayyan

Al Rayyan Al Waab

Al Rayyan Al Waab

Doha Al Sadd

Al Wakrah Al Wakrah

Al Rayyan Al Waab

Al Rayyan Al Waab

Al Rayyan Baaya

Doha Pearl

16,727,980 17,250,000 21,000,000 21,500,000 22,830,181 25,000,000 31,000,000 32,350,000 33,500,000

Al Dhaayen

136,612,926

Al Khuraij

The Ten Most Expensive Properties for August 2022 The Real Estate Bulletin I January 2022/ Ministry of Justice

List of the top (10) real estate in October 2022, including six (6) in Al Rayyan Municipality, two (2) in Doha Municipality and one (1) in Al Daayen and Al Wakrah.

Mortgage Trading Movement during October 2022 Doha Municipality had the most mortgages (2,514,471,940) QR, while Umm Slal had the least (8,177,000 QR).

2,514,471,940

184,042,232

78,750,817

25,040,000

11,130,000

8,177,000

Doha

Al Rayyan

Al Wakrah

Al Dhaayen

Al Shamal

Umm Slal

The Real Estate Bulletin I October 2022/ Ministry of Justice

A study of the mortgage transaction movement index reveals that the percentage of mortgaged real estate is higher than the percentage of mortgage transaction amounts in all municipalities that recorded mortgage transactions, except for Doha and Al Daayen.

0.4%

Al Shamal

The Mortgage Amounts Percentage

1.7%

The Properties Number Percentage

0.3%

Umm Slal

1.7%

2.8%

Al Wakra

18.2%

0.9 %

Al Daayen

6.6 %

6.5 %

Al Rayyan

22.3 %

89.1%

Doha

49.6%

0

25

50

75

100

Percentage of the Number and Amounts of mortgage transactions as per Municipalities The Real Estate Bulletin I October 2022/ Ministry of Justice

Mortgage Trading Movement during October 2022

36% Total of the top 10 mortgage Transactions Total of Remaining Mortgage Transactions

64%

The total percentage of the Top Mortgage Transactions The Real Estate Bulletin I October 2022/ Ministry of Justice

Doha Municipality recorded 10 of the top 10 mortgaged properties in October 2022. The top ten real estate mortgage deals accounted for 64% of October's total value.

Real Estate Trading Movement - The Pearl and Al Kassar Area

Comparison of Residential Units Trading Indicators The Real Estate Bulletin I October 2022/ Ministry of Justice

October 2022 had a increase in The Pearl and Al Kassar Area than September 2022. 86 residential unit transactions totaled 197,137,751 QR.