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 land lots registered 67 property sale deals at an aggregate value of QR191.4mn, according to the latest Ezdan Real Estate report.
The breakdown of property sale activity registered from July 5 to 9 by the Real Estate Registration Department reflects 121 property sale deals worth approximately QR455.4mn, distributed over eight municipalities: Salal, Al Khor, Al Dhakhira, Doha, Al Rayyan, Al Shamal, Shehaniya, Daayen, and Al Wakrah.
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 1,876sq m at QR2,456 per square foot, totalling QR49.6mn.
Doha Municipality landed the second highest record deal by selling a multi-use building in Al Sadd spanning over 1,248sq m sold at QR2,866 per square foot, totalling QR 38.5mn.
Al Daayen Municipality witnessed the lowest sale deal in terms of value for a land lot spreading over 205sq m, at a square foot price of no more than QR193, totalling QR425.000.