14 Hrs
Source:
وكالة الأنباء القطرية
Real estate sales hit 1.859 billion Riyals in July
The real estate sector in Qatar experienced continuous growth during July, with real estate transactions totaling 1.859 billion Qatari riyals, involving 485 property deals, and a 10% increase in the transaction value index. The municipalities of Doha, Rayan, and Al Thakhine topped the activity in terms of value and transactions, with Doha alone recording transaction values of 764 million riyals. The movement also saw an increase in the indices of traded areas and the number of properties sold, with the average price per square foot ranging between 169 and 929 riyals depending on the region. The Qatari real estate market continues its strong growth, supported by new legislations that promote investment, reflecting the strength of the national economy's fundamentals and the sustainability of the sector's expansion.
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