Mortgage transactions surge by 72% to QR3.858bn in August
The Peninsula
Doha, Qatar: Qatar s real estate sector witnessed a growth in the volume of mortgage transactions registering 97 transactions worth QR3.858bn in Augus...
Doha, Qatar: Qatar’s real estate sector witnessed a growth in the volume of mortgage transactions registering 97 transactions worth QR3.858bn in August this year. This shows a surge of 71.9 percent compared to the previous month as the total value of transactions totaled QR2.245bn in July this year.
Al Rayyan Municipality registered the highest number of mortgage transactions with 35 (equivalent to 36.1 percent) of the total number of mortgaged properties, followed by Doha Municipality with 31 transactions (equivalent to 32 percent). Then Al Dhaayen Municipality with nine transactions (equivalent to 9.3 percent) of the total number of mortgaged properties, according to data released by the Ministry of Justice.
This was further followed by Umm Slal (8 transactions representing 8.2 percent, Al Warkah (6 transactions representing 6.2 percent, Al Khor and Dhakira (5 transactions – 5.2 percent), and Al Shamal (3 transactions – 3.1 percent) municipalities of the total mortgaged properties.
Regarding the value of mortgages in August 2025, Doha Municipality comes first with amount of QR2.476bn while Al Shamal Municipality registered the lowest value which reached QR5.729m.
Doha, Qatar: The Amir HH Sheikh Tamim bin Hamad Al Thaniwill patronise the opening of the 23rd Doha Forum 2025 on Saturday morning at the Sheraton Doh...
Astana: The National Archives of Qatar (NAQ) Friday signed a memorandum of understanding with the Archive of the President of the Republic of Kazakhst...
Astana: The National Archives of Qatar (NAQ) Friday signed a memorandum of understanding with the Archive of the President of the Republic of Kazakhst...
Colombo: The death toll from adverse weather caused by Cyclone Ditwah has risen to 607 in Sri Lanka, the country s Disaster Management Center (DMC) sa...
New York: Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. Discovery for nearly $83 billion, the entertainment...
Riyadh: The Gulf Cooperation Council (GCC) states expressed their deep concern regarding the two directives known as the Corporate Sustainability Due...
Riyadh: The Gulf Cooperation Council (GCC) states expressed their deep concern regarding the two directives known as the Corporate Sustainability Due...
Chengdu, China: An ancient dam, pandas and ping pong: French leader Emmanuel Macron concluded his fourth state visit to China on Friday, striking a mo...
Beirut: The United Nations Interim Force in Lebanon (UNIFIL) condemned the Israeli airstrikes on southern Lebanon, describing them as a clear violati...
New Delhi: India s aviation watchdog has rolled back its new policy of weekly rest for pilots, reports said Friday, after chaos caused by hundreds of...
DOHA: Behzad Trading Enterprises, a sister concern of ABN Corporation and a trusted name in the Qatar market since 1976, successfully conducted its Ch...
DOHA: Glory Of The Stars continued her flawless campaign with a stunning display in the Lusail Cup for 3YO+ Thoroughbred fillies and mares over 1200m...
Doha: Undoubtedly, facing the title holders in a tournament opener is going to ramp up the pressure, and Algeria s pedigree in African and Arab footba...