Doha: Over the past week, the property sale market has witnessed the control of residences and residential buildings on the largest share of property sale volume by registering 53 deals worth QR225.6mn, while the land lots registered 67 property sale deals at an aggregate value of QR191.4mn, noted by Ezdan Real Estate report.
The breakdown of property sale activity registered during the period from 5-9 July 2020 by The Real Estate Registration Department reflects 121 property sale deals sealed, worth approximately QR455.4m, and the operations were distributed over 8 municipalities that are Umm Salal, Al Khor, Al Dhakhira, Doha, Al Rayyan, Al Shamal, Shehaniya, Daayen and Al Wakra Municipality.
The deals included vacant land lots, residences, multi-use buildings, multi-use land lots, and residential buildings. Al-Daayen Municipality accounted for the highest deal in terms of value by selling a residential building in Lusail over an area of 1876 square meters, at QR2456 per square foot, totaling QR49.6mn, while Doha Municipality has seen the second highest record deal by selling a multi-use building in Al Sadd spanning over 1248 square meters, sold at QR 866, totaling QR38.5mn.
Al Daayen Municipality witnessed the lowest sale deal in terms of value for a land lot spreading over 205 square meters, at a square foot price of no more than QR193, totaling approx. QR425.000
