(MENAFN- The Peninsula) The Peninsula
Doha: The property sale activity last week has witnessed a remarkable control of land lots by 50 sales deals of total sales volume, worth QR120.9m while other property types accounted for 33 property sale deals including residences, apartment, buildings, at a total value of QR 94.4m, according to Ezdan Real Estate report.
The breakdown of property sale deals during the period from 21-25 June 2020, as reflected by The Real Estate Registration Department's weekly bulletin showed a conclusion of 83 property sale deals at a total value of approx. QR215.3mn, and the operations were distributed in 8 municipalities, namely Umm Salal, Al Khor, Al Thakhira, Doha, Al Rayyan, Shamal, Shehaniya, Al Daayan and Al Wakra, which included land lots, residential units, multi-use buildings, multi-use space and residential buildings.
Doha Municipality accounted for the highest deal in terms of value by selling a multi-use land lot in Umm Ghuwailina, spanning over an area of 801 square meters, at QR1401 per square foot, totaling QR12.1mn.
In addition, Doha municipality has seen the sale of a residential building in Rawdat Al Khail spreading over 646 square meters at a price of QR 1294 per square foot, with an aggregate value of QR 9mn.
On the other hand, Al Shamal Municipality recorded the lowest property sale deal in terms of value for a land lot in Ruwais, spanning over 525 square meters. It was sold at less that QR124 per square foot, totaling 700,000.
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