Qatar Residential Property Sales Rise 23.6% in Q2: ValuStrat

DOHA, QATAR – Qatar's residential real estate market recorded a strong rebound in transaction activity during the second quarter of 2026, with home sales increasing 23.6% quarter-on-quarter while capital values remained broadly stable, according to the latest ValuStrat market report.

The ValuStrat Price Index (VPI) for Qatar's residential sector stood at 97.8 points against its Q1 2021 baseline of 100, indicating that residential capital values have remained largely unchanged over the past year.

According to ValuStrat, residential sales volumes increased 23.6% compared with the previous quarter and 15.8% year-on-year, reflecting renewed market activity.

Median transaction values also increased, rising 4.5% quarter-on-quarter and 8.2% annually to approximately QAR3 million (US$824,000), highlighting growing demand for higher-value residential properties.

Anum Hasan, Head of Research at ValuStrat Qatar, said:

"The ValuStrat Price Index (VPI) showed apartment and villa capital values remain stable. Sales volumes increased by 23.6 percent QoQ and 15.8 percent YoY, while the median ticket size rose by 4.5 percent quarterly and 8.2 percent annually."

Al Wukair Leads Residential Sales

Al Wukair recorded the highest transaction activity during the quarter, followed by premium residential destinations including The Pearl Qatar and Lusail.

In The Pearl Qatar and Legtaifiya, sales volume increased 6.3% quarter-on-quarter, despite declining 42% year-on-year. However, transaction values in the two areas rose 23.3% over the quarter and 8% annually, reflecting stronger activity in higher-value assets.

Apartment capital values remained unchanged on both a quarterly and annual basis, averaging QAR10,460 per square metre (US$2,874) nationwide.

Average apartment prices reached QAR10,570 per sq m (US$2,904) in The Pearl Qatar, QAR10,365 per sq m (US$2,847) in Lusail, and QAR9,460 per sq m (US$2,599) in West Bay Lagoon.

Villa values also remained broadly stable year-on-year, averaging QAR5,675 per sq m (US$1,559) across Qatar.

While Old Airport recorded the largest quarterly decline at 1.3%, annual performance varied across communities. Muaither and Al Dafna posted gains of up to 3%, while Al Kharaitiyat, Ain Khaled/Abu Hamour, and Old Airport recorded declines ranging from 1% to 6%.

Villa values in The Pearl Qatar and West Bay Lagoon remained stable quarter-on-quarter but declined by as much as 12.5% year-on-year.

Rental Yields and Supply

Residential gross rental yields remained unchanged at 5.6%, with apartments continuing to outperform villas.

Apartment yields averaged 8%, compared with 4.4% for villas.

Qatar's total residential inventory reached 406,097 units during the second quarter, including 257,271 apartments and 148,826 villas.

Approximately 355 apartments were delivered during the quarter, led by a 100-unit mixed-use development in Fereej Al Soudan, followed by 70 homes in Fereej Bin Mahmoud and 65 units in Fox Hills.

ValuStrat estimates that around 4,600 residential units are scheduled for completion during the second half of 2026. However, developers have deferred more than 600 units into 2027, primarily in Lusail, indicating a more measured approach to future supply.