August real estate deals total 1.29B riyals
Data from last month shows that the real estate trading volume in Qatar amounted to approximately 1.29 billion riyals, with 424 real estate transactions recorded in August. The transactions were primarily concentrated in the municipalities of Doha and Al Rayyan, which recorded the highest trading value and number of deals, followed by Al Wakrah and Umm Salal municipalities. The market has seen an improvement in mortgage results, with mortgage transactions totaling 4.07 billion riyals, concentrated mainly in Doha Municipality. The real estate market remains active, supported by new laws that promote domestic and foreign investment. The data indicates the strength and sustainability of the sector within the Qatari economy.
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