Realty sector sees significant growth in mortgage activity
The Peninsula
Doha: The volume of mortgage transactions of the real estate sector in Qatar recorded 117 transactions with a total amount of QR4.664bn in May this ye...
Doha: The volume of mortgage transactions of the real estate sector in Qatar recorded 117 transactions with a total amount of QR4.664bn in May this year.
This shows a surge of 103 percent when compared to the previous month as the volume of mortgage transactions during April 2025 amounted to 114 transactions, with a total value of QR2.299bn.
Doha Municipality and Al Rayyan Municipality registered the highest number of mortgage transactions with 31 (equivalent to 26.5 percent) of the total number of mortgaged properties, followed by Al Wakrah Municipality with 19 transactions (equivalent to 16.2 percent).
Then Al Khor, Al Dhakira and Umm Slal municipalities with 9 transactions each (equivalent to 7.7 percent) of the total number of mortgaged properties, according to data released by Ministry of Justice.
In April this year, Al Rayyan Municipality recorded the highest number of mortgage transactions with 37 transactions, equivalent to 32.5 percent of the total number of mortgaged properties.
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