Realty sector contributes 7.4% to GDP with value added reaching QR13.44bn
The Peninsula
Doha, Qatar: The real estate activities in Qatar continue to strengthen its role in the national economy with remarkable growth confirming the success...
Doha, Qatar: The real estate activities in Qatar continue to strengthen its role in the national economy with remarkable growth confirming the success of the economic diversification strategy.
In a post on its X platform recently Real Estate Regulatory Authority – Aqarat highlighted the value of real estate activities and its contribution to GDP. It noted that the real estate and rental activities sector contributed 7.4 percent to GDP with value added reaching QR13.44bn in the first quarter (Q1) of this year. It registered a growth of 7 percent compared to the same quarter in last year.
Moreover, the value of real estate activities in the first quarter of this year has grown by 20 percent since the first quarter of 2022. This is clear testament of the national efforts to attracting investments into the sector as part of the national diversification strategy.
In a previous post it noted that Al Rayyan is the most prominent investment destination in first half of 2025 compared to the same period in the previous year. It also highlighted the record numbers in Al Gharrafa and increased activity in Izghawa and Muaither.
The real estate transaction values in the first half of this year reveal the standout districts driving growth inside Al Rayan Municipality. Al Gharafa led with QR697m nearly tripling compared to first half of last year; Izghawa and Muaither also showed standout growth. Meanwhile Al Waab remained a heavyweight reaching QR407m.
