Qatar real estate transactions are rising

Growth set to continue in run up to Qatar 2022 World Cup

Qatar property sales are on the up.
Qatar property sales are on the up.

Real estate transactions in Qatar have risen 15.2% in the first nine months of the year, with the growth expected to continue in the run up to the 2022 World Cup.

There were $10.2bn worth of transactions compared to $8.8bn in the same period last year with the value of properties sold in the third quarter of 2014 increasing to $3.1bn from $2.9bn last year, up 6.6%.

During the first quarter of 2014 there were around $3.2bn of transactions compared to $2.4bn in same period in 2013, up 35.2%, and in the second quarter they were worth $3.8bn compared to $3.5bn in the same period of 2013, up 8.5%.

In January 2014 there were about $1.3bn worth of transactions compared to $768mn the same month in 2013 - a growth of 71.4%.

Transactions dropped in February, with $796mn compared to $851mn in the same month the previous year, down 6.5%.

But growth resumed in March with $1.1bn of spending compared to $796mn the same month in 2013, an increase of 44.8%.

 

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