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Qatar Real Estate Trading Volume Sees Weekly Decline

Qatar's real estate trading volume fell 5.7% week-on-week to $120.5 million between April 19-23, indicating a shift in market activity.

Qatar real estate trading volume falls 5.7% week on week to $120.5m
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Qatar's real estate trading volume experienced a weekly decline, falling by 5.7 percent to 438.52 million riyals ($120.5 million) in the period from April 19 to 23. This recent performance indicates a notable shift in the market's short-term trajectory. The total value of real estate transactions recorded for this specific week shows a reduction in market activity compared to the preceding period.

This figure represents a decrease from more than 465 million riyals recorded in the previous week, April 12-16. The decline notes a week-on-week contraction in the overall value of property transactions across the nation. The latest weekly trading volume, standing at 438.52 million riyals, was composed of distinct categories of real estate activity. Specifically, the total included 398.67 million riyals attributed to registered sales contracts, reflecting a significant portion of the market's transactions. Additionally, 39.84 million riyals were generated from residential unit transactions, further detailing the composition of the overall trading volume during the specified period.

Details of Recent Transactions

Properties traded in Qatar during the period encompassed a range of asset types, showcasing the diverse nature of the country's real estate market. These included vacant land plots, which represent opportunities for future development and investment. Residential homes were also a significant component of the transactions, reflecting ongoing activity in the housing market. Residential buildings contributed to the trading volume, indicating sales of multi-unit properties.

The transactions also involved commercial shops, pointing to movement within the retail and business property segments. Mixed-use commercial and residential buildings were part of the traded properties, noting integrated urban development. Finally, residential units, such as apartments or condominiums, were also traded, catering to various housing needs. This broad spectrum of asset types shows the full nature of real estate activity observed.

Sales activity was concentrated across several municipalities within Qatar, indicating key hubs of market interest. The busiest areas for real estate trading included Doha, the capital city, which typically sees high levels of commercial and residential transactions. Al Rayyan, another prominent municipality, also recorded significant activity. Al Wakrah, located south of Doha, was also among the municipalities with concentrated sales.

Significant transactions were also recorded in Al Daayen, a growing area in the north, further contributing to the overall market dynamics. Umm Salal, situated north of Doha, also experienced considerable sales. Lastly, Al Khor, a coastal city, showed notable real estate activity. This distribution across Doha, Al Rayyan, Al Wakrah, Al Daayen, Umm Salal, and Al Khor indicates a broad geographic distribution of property sales across the country, suggesting widespread engagement in the real estate sector beyond the immediate capital.

Quarterly Performance and Growth

Despite the recent weekly decline, Qatar's real estate market demonstrated strong performance over a longer timeframe. Qatar's real estate sales transactions increased substantially to 9.2 billion riyals in the first quarter of 2026. This figure represents a significant annual growth of 28.5 percent when compared to the 7.2 billion riyals recorded in the same period a year earlier, the first quarter of 2025. This strong quarterly growth suggests underlying resilience and positive momentum in the Qatari real estate sector, offering a broader perspective on its performance beyond short-term fluctuations.

Regional Real Estate Trends

Across the wider Gulf region, real estate markets exhibited varied performances. Dubai’s real estate sector recorded total transactions reaching 252 billion UAE dirhams ($68.5 billion) in the first quarter of 2026. This impressive figure marks a substantial 31 percent year-on-year increase in value, demonstrating significant growth in the emirate's property market. Concurrently, the volume of transactions in Dubai also saw a rise, increasing by 6 percent year-on-year for the same period, indicating both higher prices and increased activity.

In Saudi Arabia, the real estate price index experienced a decline, falling by 1.6 percent year on year in the first quarter of 2026. The index decreased to 103.3 points in Q1 2026, using 2023 as the base year, from 104.9 points recorded in the first quarter of 2025. This decrease in Saudi Arabia's real estate price index was primarily driven by a 3.6 percent drop observed specifically within the residential sector, which played a key role in the overall market's contraction during this period.

Meanwhile, total real estate activity in Oman presented a positive trend, rising 27.1 percent year-on-year in January 2026. The total value of activity reached 235.8 million Omani riyals ($613 million), reflecting a considerable expansion in the Sultanate's property market. In Oman, sales contract values saw a significant increase of 37.5 percent, reaching 109.9 million riyals during January 2026. Complementing this value growth, the number of sales contracts also rose, albeit more modestly, by 0.7 percent to a total of 5,725 transactions, indicating a healthy increase in both the value and volume of real estate deals.