Qatar's witnessed a total of QR421.8mn worth real estate sales during the fourth week of April 2021, according to Ezdan weekly report.
The country saw QR258.2mn revenue accrue from land sales, or 61.2% of the total sales, and the sale of buildings of all types generated QR163.6mn, or 38.8% of the total sales, in the review period.
During the period, market activity showed that the registered property sales were distributed among seven municipalities: Umm Slal, Al Khor, Al Dakhira, Doha, Al Rayyan, Al Shamal, Al Daayen, and Al Wakra, and included the sales of vacant lands, residences, multi-use buildings, multi-use land lots and residential buildings, Ezdan said, quoting data from the real estate bulletin released by the Real Estate Registration Department.
Doha ranked first in terms of value through the sale of a vacant land lot in Fereej Al Sudan at a value of QR103mn. The land lot spans over 30,903sqm and was sold at a price of QR310 per square foot.
Doha also has seen the sale of a vacant multipurpose land lot in Lusail area, at a value of QR51.6mn, extending over an area of 7,375sqm, and the square foot price stood at QR650.
Ezdan Real Estate Company runs more than 22,800 residential units, and 790 commercial units inside Doha and its suburbs, including Al Wakra and Al Wukair. The company continues to invest in the real estate sector and contribute to real estate development in Qatar on a large scale.
During the period, market activity showed that the registered property sales were distributed among seven municipalities: Umm Slal, Al Khor, Al Dakhira, Doha, Al Rayyan, Al Shamal, Al Daayen, and Al Wakra, and included the sales of vacant lands, residences, multi-use buildings, multi-use land lots and residential buildings, Ezdan said, quoting data from the real estate bulletin released by the Real Estate Registration Department.
Doha ranked first in terms of value through the sale of a vacant land lot in Fereej Al Sudan at a value of QR103mn. The land lot spans over 30,903sqm and was sold at a price of QR310 per square foot.
Doha also has seen the sale of a vacant multipurpose land lot in Lusail area, at a value of QR51.6mn, extending over an area of 7,375sqm, and the square foot price stood at QR650.
Ezdan Real Estate Company runs more than 22,800 residential units, and 790 commercial units inside Doha and its suburbs, including Al Wakra and Al Wukair. The company continues to invest in the real estate sector and contribute to real estate development in Qatar on a large scale.