The property sale activity from August 23-27 has witnessed 74 deals for selling vacant and mixed-use land lots, worth over QR302.4m; while buildings of all types, including residences, complexes, towers and multi-use buildings registered 73 sale deals, worth up to QR310.2m.
The breakdown of real estate activity from August 23-27 reflects a total of 147 property sale deals concluded over 8 municipalities, including Umm Salal, Al Khor, Al Dhakhira, Doha, Al Rayyan, Al Shamal, Al Shahaniya, Al Daayen, and Al Wakra. The total sales volume reached QR612.6m worth of vacant land lots, residences, mixed-use buildings, mixed-use land lots and residential buildings.
Al Daayen municipality spearheaded other municipalities by highest deal in terms of value by selling a piece of multiuse land lot in Lusail spanning over 16,364sqm.
The land was sold at QR340 per square foot, totaling more than QR59.8m. Umm Salal ranked second by highest deal value through the sale of a multi-use land lot in Al Kharaitiyat spread over 3,295sqm, at QR1,342 per square foot, reaching more than QR47.6m. Al-Rayyan Municipality sold a residential complex spanning over 5,846sqm, and the deal was clinched at QR636 per square foot, reaching an aggregate value of QR40m.
