Qatar Real Estate Market Q1 2025: Steady Prices, Strong Demand, Key Insights
The real estate market in Qatar began 2025 on solid ground. Property prices remained stable, rental demand was strong, and more buyers entered the market. This continuous performance comes even as the country adjusts to a slower post-World Cup economy and changing global trends.
A report by ValuStrat, a well-known property research firm, shows that both home sales and rental agreements grew in the first quarter. Office and retail spaces also saw movement, though some parts of the market are feeling the pressure of new supply.
Between January and March 2025, more homes were sold than in the previous quarter. Residential sales rose by 13.2%, while the number of sales compared to last year went up by 67.1%. This shows that confidence is returning to the housing market.
The average price for a home stood at around QAR 2.7 million. Popular areas like The Pearl and Al Qassar saw the biggest jump in activity. These locations had the highest growth in both sales volume and value.
- Apartments: QAR 10,420 per sq. m
- Villas: QAR 5,500 per sq. m
ValuStrat's Price Index held at 96.5, meaning prices were mostly stable compared to early 2021.
More people rented homes in Q1. Over 18,000 apartment leases and 6,000 villa contracts were signed, which is higher than the last quarter and the same time last year.
- Apartments: QAR 6,000
- Villas: QAR 11,000
- Apartments earned around 8.4% returns
- Villas earned about 4.6%
The most famous rental areas were Al Wukair, Al Mashaf, and Al Thumama for apartments, and Soudan, Aziziya, and Ghanim for villas.
Qatar's total housing stock reached over 401,000 units by the end of Q1. That includes:
- 253,513 apartments
- 148,029 villas
Around 2,000 new apartments were handed over in areas like Gewan Island, Lusail Marina, and West Bay.
Loans for buying ready-to-move homes stayed strong. While there was a small 2% drop from the last quarter, mortgages rose by 37% compared to the same time last year.
Most of these loans came from Doha, with 95 deals adding up to QAR 16.4 billion.
The office segment saw new space entering the market, which pushed prices down slightly.
ValuStrat's new Office Rental Index showed a 1.5% drop compared to the previous quarter and a 2.6% drop over the year.
- Grade A: QAR 116 per sq. m/month
New office buildings like Marina 31 in Lusail and Corniche Park Towers in West Bay added 60,000 sq. m of space. This brings Qatar's total office supply to 7.3 million sq. m.
Retail space stayed mostly stable. Two new shopping centers—Centro Mall and Outlet Village—opened, increasing retail supply to 2.5 million sq. m.
- Mall rents remained at QAR 182.5 per sq. m/month
- Street shops in Al Sadd and Old Airport saw rent drops of up to 10%
This trend might indicate changes in shopping habits or a movement towards newer retail locations.
The industrial sector showed positive signs:
- New business licenses were up by 32%
- Over QAR 50 million in investments were approved
This reflects growing interest in warehouses, logistics hubs, and small industries.
Qatar welcomed about 1.5 million tourists in Q1, a drop of 6.7% from last year. Still, hotels stayed busy, with average occupancy at 71%.
- 36% of visitors came from Gulf countries
- Hotel supply reached over 40,700 rooms
- Around 845 more rooms are expected this year
Rates per night and per room saw small dips, likely due to seasonal changes.
Several key factors are helping the market stay stable:
- Government spending on new roads, public transport, and community projects
- A growing population, including many expats looking to rent or buy homes
- A push for economic diversification beyond oil and gas
- New real estate rules aimed at making the market more open and transparent
While Qatar remains a solid market, many Indian and international buyers are also exploring Dubai, especially in premium waterfront projects. One standout is BNW La Perla, located on Al Marjan Island.
- Location: Beachfront in Dubai
- Size: 110,873 sq. ft
- Units: 226 apartments (1, 2, and 3 BHK)
- Sizes: 1,030 to 4,589 sq. ft
- Starting Price: AED 2.3 million
This project offers luxury homes with sea views, high rental potential, and no property tax—making it a favorite for NRI buyers and long-term investors.
Qatar's real estate market in early 2025 remains on a stable path. With steady home prices, high rental returns, and a clear regulatory direction, it continues to attract both local and foreign interest.
At the same time, global investors are looking at options like BNW La Perla in Dubai, where modern design and tax-free returns make a strong case for portfolio diversification.
