Qatar residential property sales rise 22% in first half of 2025
Demand surges in Lusail and The Pearl as leasing activity also strengthens
DOHA, Qatar (MNTV) — Qatar’s residential real estate market posted strong gains in the first half of 2025, with total property sales rising 22% year-on-year to 1,506 transactions, according to Cushman & Wakefield’s quarterly real estate bulletin.
The growth was driven largely by high demand in Lusail and The Pearl, two of the country’s most prominent master-planned districts, reported Zawya News.
The data showed that residential sales reached 798 transactions in the second quarter of 2025, compared to 708 in the first quarter.
Ministry of Justice figures highlighted average apartment sales prices at $4,267 per square meter in Lusail and $4,118 per square meter in The Pearl.
“Demand is clearly gravitating toward modern communities with strong lifestyle offerings,” said James, a real estate researcher and consultant. “Both Lusail and The Pearl have cemented their positions as premium destinations, reflected in higher values and strong occupancy.”
Leasing activity also rose sharply, climbing 26% year-on-year in the first half of 2025. While vacancy rates remain elevated in older neighborhoods, premium towers in Lusail Marina and The Pearl reported occupancy above 90%.
Rental prices in these areas have edged higher since late 2024, with one-bedroom units in Viva Bahriya now leasing for between $2,473 and $2,884 per month, and similar apartments in Lusail Marina fetching $2,197 to $2,473. By contrast, units in Al Sadd are priced more affordably at $1,511 to $1,783.
“After two years of stable rents, the tide has shifted,” James said. “Tenants are willing to pay a premium for waterfront views and integrated communities, while older properties face challenges in attracting demand.”
The villa segment remains particularly strong, supported by demand from expatriate families. Occupancy rates exceed 95% in areas such as Al Waab, Al Duhail, Al Markhiya, Abu Hamour, and Onaiza.
Policy changes under Council of Ministers Decision No. 28 of 2020, which allowed non-Qataris to purchase standalone units in residential compounds, have spurred new villa projects.
Villas in suburban Doha and Al Wukair are currently priced between $632,000 and $1.37 million.
“This policy has been transformative,” James noted. “It has enabled expatriates to buy into villa communities, diversifying the market and expanding beyond apartments.”
Although construction activity has slowed since the FIFA World Cup, new developments continue in Lusail, Legtaifiya, and Al Waab, ensuring a steady pipeline of residential supply.
Analysts suggest that with sales and leasing momentum holding steady, the market outlook for the remainder of 2025 remains stable.