Qatar’s real estate transactions hit $510.9m in September 

Qatar’s real estate transactions hit $510.9m in September 
Sustained growth in the real estate market reflects strong investor confidence, according to the Ministry of Justice. Getty
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Updated 13 October 2025
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Qatar’s real estate transactions hit $510.9m in September 

Qatar’s real estate transactions hit $510.9m in September 

RIYADH: Qatar’s real estate market recorded transactions worth 1.86 billion Qatari riyals ($510.9 million) in September, with the total sales value rising 65 percent compared to the previous month, according to official data. 

Figures from the Ministry of Justice’s Analytical Real Estate Bulletin showed that 516 property deals were registered in September. 

The number of properties sold increased 57 percent, while the total traded area grew 89 percent, signaling continued momentum across the country’s real estate sector. 

Qatar’s property growth aligns with trends in its larger neighbor, Saudi Arabia, where the housing market has also maintained strong momentum this year. The Kingdom’s residential sector recorded nearly 93,700 transactions valued at about SR77.5 billion ($20.67 billion) in the first half of 2025, according to official data. 

The sustained activity reflects the impact of ongoing housing initiatives, major urban development projects, and regulatory reforms designed to boost home ownership and attract both local and international investors. 

Qatar’s most active municipalities during September “in terms of the number of properties sold were Al Rayyan, accounting for 32 percent, followed by Doha with 28 percent, and Al Wakrah with 13 percent,” the report stated. 

It indicated that Al Rayyan accounted for 664.7 million riyals in transactions, Doha for 633.5 million riyals, and Umm Salal for 189 million riyals. 

In terms of transaction volume, Al Rayyan also led with 32 percent of total property sales, followed by Doha at 28 percent and Al Wakrah at 13 percent. 

The highest-value properties sold in September included five in Al Rayyan, three in Doha, and one each in Umm Salal and Al Daayen. 

Mortgage transactions also reflected a strong month, with 136 registered deals worth a total of 1.94 billion riyals.  

Doha accounted for the majority of these, with 72 transactions or 52.9 percent of the total, followed by Al Rayyan at 14.7 percent and Al Wakrah at 11.8 percent.

Doha also led in total mortgage value at 1.31 billion riyals, while Al Shamal recorded the lowest at 3.65 million riyals. 

The bulletin also reported a rise in residential unit sales, with 196 registered deals totaling 318.5 million riyals.  

The ministry noted that the sustained growth in the real estate market reflects strong investor confidence, supported by new regulations on property registration, ownership, and documentation, as well as policies designed to attract both local and foreign investment. 

According to the ministry, the continued upward trend in real estate activity underscores the resilience and strength of Qatar’s economy and reaffirms the property sector’s role as a key component of national economic growth. 


Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 
Updated 8 sec ago
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Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

RIYADH: Saudi Arabia’s non-oil economy accelerated in October, with the Purchasing Managers’ Index climbing to 60.2, its second-highest level in more than a decade, signaling strong business growth momentum. 

The latest survey by Riyad Bank and S&P Global showed a sharp improvement in operating conditions across the Kingdom’s private sector, underpinned by solid demand, rising employment, and robust output growth.  

The October reading, up from 57.8 in September, highlights the sustained momentum of the non-oil economy as Vision 2030 reforms continue to drive diversification away from crude revenues. 

Speaking at the Future Investment Initiative in October, Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim said the Kingdom’s gross domestic product is expected to expand by 5.1 percent in 2025, supported by continued growth in non-oil activities. 

Commenting on the latest report, Naif Al-Ghaith, chief economist at Riyad Bank, said: “Saudi Arabia’s non-oil private sector recorded a solid improvement in business conditions in October, with the PMI rising to 60.2, marking one of the strongest readings in over a decade.”  

He added: “The acceleration was driven by broad-based gains in output, new orders, and employment, reflecting sustained demand momentum and continued strength in the non-oil economy.”  

Al-Ghaith noted that the latest survey results also indicate a strong start to the final quarter of the year, supported by both domestic and external demand. 

According to the report, the pace of growth in new orders received by non-oil companies accelerated for the third consecutive month in October, with 48 percent of surveyed firms reporting higher sales. 

Participating companies attributed the sales growth to improving economic conditions, a growing client base, and increased foreign investment. 

Output and employment also expanded sharply during the month, with job creation rising at the fastest pace in nearly 16 years.

Al-Ghaith said the persistent rise in new export orders highlights the growing competitiveness of Saudi firms and the progress achieved under ongoing diversification initiatives. 

“The rise in demand encouraged firms to expand production and workforce capacity at the fastest rate since 2009, as businesses expanded capacity to meet new workloads. Purchasing activity and inventories also increased, while suppliers’ delivery times continued to improve, reflecting efficient coordination and resilient supply chains,” he added.  

October data indicated a sharp rise in input costs for non-oil firms, driven mainly by wage increases from salary revisions and bonuses. 

On the outlook, companies remained optimistic, citing strong market demand, ongoing project work, and government investment initiatives. 

“Optimism is underpinned by solid domestic demand and the momentum of ongoing projects. Although some concerns persist around costs and competition, sentiment overall remains strongly positive, reflecting confidence in the economy’s continued expansion and the strength of the non-oil private sector,” concluded Al-Ghaith.