Qatar’s real estate market recorded a broad-based slowdown in sales, mortgage values and rental activity during the week ended October 10, 2026, as the value of property transactions fell both week-on-week and year-on-year, according to the General Real Estate Regulatory Authority (Aqarat).
Data published by the authority on the popular micro-blogging platform X showed that real estate sales contracts totalled QR458 million during the 41st week of the year, covering October 4 to 10. The figure represented a 14% decline from the previous week and a 28.1% drop compared with the corresponding period a year earlier.
The number of sales contracts also decreased, falling 19.6% week-on-week and 24% year-on-year to 111. The figures point to subdued transaction activity across Qatar’s property market, with both the value and volume of sales losing momentum.
“Villas accounted for the largest share of property sales during the week, generating QR221 million, or 48.3% of the total. Vacant land ranked second, with sales worth QR121.2 million, representing 26.5% of the overall value,” Aqarat said.
“Residential apartments contributed QR37.7 million, equivalent to 8.2% of total sales, while other property categories accounted for QR78 million, or 17%,” it added.
At the municipal level, Al Rayyan recorded the highest property sales value at QR166.2 million, narrowly ahead of Doha, where transactions reached QR165.7 million. Al Daayen followed with QR53.8 million.
“The concentration of sales in Al Rayyan and Doha highlights their continued importance to Qatar’s property market, even as overall transaction values declined,” Aqarat mentioned.
The latest figures follow another subdued week from September 27 to October 3, when Qatar recorded property sales worth QR482.4 million across 118 transactions.
Sales value during that period was down 20% year-on-year and 30.9% week-on-week. Transaction numbers also declined, falling 21.9% year-on-year and 15.1% compared to the previous week.
The subsequent fall to QR458 million suggests that the weakness in property sales continued into early October. However, weekly data can be volatile, and the figures alone do not establish whether the slowdown represents a sustained shift in market conditions.
Qatar’s mortgage market also recorded a sharp decline in value during the week ended October 10.
Aqarat reported 27 mortgage contracts worth a combined QR114.56 million. Mortgage value fell 89% from the previous week and 94.3% year-on-year, even as the number of contracts remained unchanged week-on-week and increased by 17.4% annually.
The divergence between transaction volumes and mortgage values indicates that the number of mortgage agreements did not fall in line with the amount of financing recorded during the period.
Villas dominated mortgage activity, accounting for QR83 million, or 72.8% of the total value. Vacant land represented the remaining QR31 million, equivalent to 27.2%.
Doha Municipality led mortgage activity with QR74 million, followed by Al Daayen at QR24 million and Al Wakrah at QR6 million.
The latest figures contrast with the previous week’s mortgage performance. Between September 27 and October 3, mortgage transactions reached approximately QR1.04 billion across 27 contracts, marking a 198.4% increase from a year earlier.
Nevertheless, mortgage value in that week had already fallen 53.8% compared with the preceding week. The number of contracts increased by 22.7% year-on-year but declined by 12.9% week-on-week.
The sharp fluctuations across consecutive reporting periods underline the importance of distinguishing between weekly changes in transaction value and broader annual trends.
Rental activity weakened considerably during the week ended October 10, with both the total value of lease contracts and the number of agreements declining sharply.
Aqarat recorded 400 lease contracts worth QR3.04 million. Rental value fell 82.3% week-on-week and 79.6% year-on-year, while the number of contracts dropped 78.4% and 77.3%, respectively.
Villas accounted for QR1.34 million in rental value, representing 44.1% of the total. Apartments followed with QR1.08 million, or 35.5%, while commercial showrooms generated QR440,000, equivalent to 14.5%. Other property categories contributed QR180,000, or 5.9%.
Al Rayyan led rental activity with QR1.13 million, followed by Doha at QR700,000 and Al Wakrah at QR480,000.
The steep declines across rental values and contract numbers point to a marked slowdown in the reported weekly activity. However, as per the administration, the data do not by themselves establish whether the fall reflects weaker underlying demand, the timing of registered contracts or changes in the mix of properties leased.