Doha, Qatar: Recent data highlights a notable decline in performance within Qatar’s real estate sector as of the 37th week of 2026. The figures released by the Real Estate Regulatory Authority (Aqarat) reveal shifts in both sales and rental activities, prompting a closer examination of market trends.
Sales Overview and Trends
During the week spanning from September 6 to 12, the total value of sale contracts hit QR 354.5 million. This represents a significant decrease of 52.8% compared to the preceding week and a 32.2% drop in comparison to the same week last year. In total, 118 contracts were finalized, showing a modest week-over-week increase of 1.7%, while year-over-year figures reflect a more considerable decrease of 12.6%.
Breaking down the sales figures by property type, villas constituted QR 150.1 million, accounting for 42.3% of the total sales. Vacant lands followed closely with QR 128.2 million, making up 36.2% of sales, while residential apartments contributed QR 40.2 million, or 11.3%. The remaining property types, which included various categories, brought in QR 36.1 million, or 10.2% of the total sales. Doha Municipality emerged as the leading area for sales, totaling QR 115.3 million, trailed by Al Daayen Municipality at QR 86.2 million and Al Rayyan Municipality at QR 75.3 million.
Mortgage Activity
In terms of mortgage activity, 13 contracts were recorded during the week, amounting to a total value of QR 115.17 million. This indicates a steady interest in financing options amidst fluctuations in sale contracts. While the numbers suggest a dip in overall purchasing power, the persistence of mortgage activity demonstrates ongoing engagement from buyers seeking investment opportunities.
Rental Market Analysis
The rental sector showed a stark contrast, with a notable decline in the number of contracts executed. A total of 538 contracts were reported for the week, with a combined value of QR 5.47 million, down by 68.5% from the previous week and 57.8% year-over-year. This downturn raises concerns about rental demand and market stability.
Examining the breakdown of rental contracts, villas represented QR 2.36 million, which accounted for 43.2% of the total rental value. Apartments followed, contributing QR 1.89 million, or 34.6%. Commercial showrooms also registered, bringing in QR 0.86 million, or 15.8% of the rental market. Other property categories made up QR 0.35 million, representing 6.4% of total rental activity. Al Rayyan Municipality led the rental market, reaching a value of QR 2.5 million, with Doha Municipality and Al Daayen Municipality following at QR 1.2 million and QR 0.8 million, respectively.
In summary, the data from Aqarat indicates a significant downturn in both selling and rental activities within Qatar’s real estate market in the specified week. With a sharp decline observed in total sales and rental values, stakeholders and investors may need to reassess their strategies to navigate through these changing market conditions.