logo

Qatar: Total value of real estate transactions reach $296mln

Zawya05-06-2025

Doha, Qatar: The total value of real estate transactions recorded in sale contracts with the Real Estate Registration Department at the Ministry of Justice during the period from May 25 to May 29 amounted to QR948,988,281, while the total value of sale contracts for residential units, according to the real estate bulletin for the same period, reached QR132,983,443.
According to the weekly bulletin issued by the department, the list of properties traded included vacant plots of land, houses, residential buildings, commercial shops, a residential compound, a residential tower, a petrol station, and residential units.
The sales transactions were concentrated in the municipalities of Al Rayyan, Doha, Al Daayen, Al Wakrah, Umm Salal, Al Khor, and Al Thakhira, as well as in the areas of The Pearl Island, Lusail 69, Leqtaifiya, Umm Al Amad, and Ghar Thaileb.
In comparison, the total value of real estate transactions recorded during the period from May 18 to May 22 had exceeded QR1bn
© Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Crypto cards outpace banks in micro-spending in Europe: Report
Crypto cards outpace banks in micro-spending in Europe: Report

Crypto Insight

time2 hours ago

  • Crypto Insight

Crypto cards outpace banks in micro-spending in Europe: Report

Crypto cards are beating traditional banks in Europe when it comes to small purchases, with 45% of crypto-linked card transactions under 10 euros ($11.7) — a category where cash has historically dominated. According to a report by shared with Cointelegraph, crypto card holders are showing spending patterns that mirror traditional bank card users while embracing online payments at a faster pace. The report noted a 15% rise in newly ordered crypto cards across Europe in 2025, signaling growing interest as more Europeans turn to digital assets for everyday payments. Furthermore, while European Central Bank data shows 21% of all card payments across the euro area are online, figures reveal crypto card users already conduct 40% of their transactions on the internet — nearly double the average. Crypto cards used for everyday spending Spending patterns show crypto cardholders are using their cards for everyday spending. According to data, groceries make up 59% of purchases, near the ECB's 54% benchmark, while dining and bars account for 19%, above the average for in-person food and drink spending. Notably, the average crypto card transaction sits at 23.7 euros ($27.8) compared to 33.6 euros ($39) for bank cards, based on Q1 2025 Mastercard data. 'What we're seeing in Europe is that crypto card users aren't just experimenting with new tech — they're showing us what everyday spending might look like in a truly cashless future,' said Alexandr Kerya, vice president of Product Management at 'With average card payment volume rising 24% in just the last month, this shift is clearly gaining momentum,' he added. The data further shows that stablecoins power 73% of transactions, with other major cryptocurrencies like Bitcoin, Ether, Litecoin and Solana also being used for groceries, dining and transportation. The trend is consistent across other providers. For instance, Oobit reported strong spending on everyday essentials among European users, while noted similarly high volumes in online shopping transactions. Barclays to block crypto purchases on credit cards Despite the surge in crypto card adoption, Barclays has announced plans to ban crypto transactions on its Barclaycard credit cards. The bank cited fears of customers falling into unmanageable debt due to crypto market volatility and highlighted the lack of investor protections in the sector. Barclays explained that crypto asset purchases carry no recourse through the Financial Ombudsman Service or the Financial Services Compensation Scheme if something goes wrong, leaving consumers exposed. Source:

Qatar recorded $116m of real estate transactions in a week
Qatar recorded $116m of real estate transactions in a week

Arabian Business

time3 hours ago

  • Arabian Business

Qatar recorded $116m of real estate transactions in a week

The volume of Qatar real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice during the period from June 15 to 19 amounted to QR423,674,670 ($116.3m). The total sales contracts for the real estate bulletin for residential units during the same period reached amounted to QR 59,529,651 ($16.3m). The weekly bulletin issued by the Department shows that the list of properties traded for sale included: Vacant lands Residential homes Apartment buildings Commercial buildings Shops Residential units Qatar real estate sales The sales operations were concentrated in the municipalities of Al Rayyan, Doha, Al Wakrah, Umm Salal, Al Khor and Al Dhakira, Al Dhaayen, and Al Shama l in addition to the areas of the Pearl, Lusail 69, and Ghar Thuaileb.

Qatar-Saudi trade surges 65% in 2024 to reach $1.35bn
Qatar-Saudi trade surges 65% in 2024 to reach $1.35bn

Arabian Business

time3 hours ago

  • Arabian Business

Qatar-Saudi trade surges 65% in 2024 to reach $1.35bn

Trade between Qatar and Saudi Arabia rose sharply in 2024, with volume increasing by 65 per cent year-on-year to reach QR 4.9bn ($1.35bn), up from QR 2.97bn ($818m) in 2023, according to Qatar Chamber. The announcement was made by Rashid bin Hamad Al Athba, Second Vice President of Qatar Chamber, during a meeting in Doha with a high-level delegation from the Al-Ahsa Chamber of Commerce, led by Chairman Mohamed bin Abdulaziz Al Afaleq. The meeting focused on strengthening private sector cooperation between the two countries, particularly targeting joint ventures and investment opportunities in the Al-Ahsa region. Qatar-Saudi trade Al Athba emphasised the importance of expanding partnerships between Qatari and Saudi businesses to support sustainable economic development aligned with the National Vision 2030 of both nations. He also highlighted the Chamber's ongoing commitment to fostering closer economic ties under the leadership of both countries. Chairman Al Afaleq echoed this sentiment, praising the deep-rooted fraternal ties and encouraging collaborative efforts between the two business communities to drive regional economic integration. He extended an invitation to Qatari investors to visit Al-Ahsa and explore the investment potential of the Al-Ahsa Oasis, one of the largest natural oases in the world. The session included a presentation on Qatar's investment environment and concluded with bilateral meetings between Qatari and Saudi business leaders to explore future trade alliances and cooperative opportunities.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store