Buildings’ control over most of the property sale transactions was noted in the weekly bulletin of the previous week, accounting for 61 deals which have been concluded to sell buildings worth nearly QR373m, or 51.5 percent of the total value of all properties sold, while vacant land lots registered 82 sales deals worth about QR351.4m, according to Ezdan Real Estate report.
The property sale bulletin issued by the Real Estate Registration Department from August 9-13, 2020, reflected a volume of 143 total property sale deals, totaling approximately QR724.3m. The operations were distributed among eight municipalities including Umm Salal, Al Khor, Al Thakhira, Doha, Al Rayyan, Al Shamal, Shehaniya, Al Daayen and Al Wakra. They included vacant land lots, residences, multi-use buildings, mixed-use space land and residential buildings.
Al Daayen Municipality ranked first in terms of highest sale deal at QR1,216 per square foot, exceeding a total of QR74.5m, while Doha municipality ranked second in terms of high valued deals by selling a vacant land lot in Fereej Bin Mahmoud spanning over an area of 5,482sqm, and the deal was concluded at QR814 per square foot, totaling around QR48m. Al Shamal Municipality has seen the lowest property sale deal in value for a vacant land lot spreading over an area of 482sqm, which was sold at QR120 per square foot, accounting for a total value of QR622,600.
