Key takeaways
- Sales volume increase: Residential sales volumes grew by 23.6% quarter-on-quarter and 15.8% year-on-year, signalling renewed buyer activity.
- Higher-value transactions: The median transaction value climbed 4.5% quarterly and 8.2% annually to approximately QR 3 million ($824,000).
- Stable capital values: The ValuStrat Price Index (VPI) for Qatar's residential sector stood at 97.8 points, indicating that overall capital values have remained broadly unchanged over the past year.
- Rental yields: Residential gross yields remained unchanged at 5.6%, with apartments generating 8.0% and villas producing 4.4%.
How did Qatar's residential property market perform in Q2 2026?
Featured in CW Property Middle East, the latest market report by ValuStrat shows that Qatar's residential real estate market remained broadly stable in the second quarter of 2026, while transaction activity recorded a noticeable rebound. Anum Hasan, Head of Research at ValuStrat Qatar, noted that the ValuStrat Price Index (VPI) showed apartment and villa capital values remain stable. The VPI for Qatar's residential sector stood at 97.8 points against its Q1 2021 baseline of 100, indicating that overall capital values have remained broadly unchanged over the past year.
Meanwhile, sales volumes increased 23.6% quarter-on-quarter and 15.8% year-on-year. The median transaction value rose 4.5% quarterly and 8.2% annually to around QR 3 million ($824,000), pointing to stronger activity in higher-value residential assets. Al Wukair recorded the highest overall transaction activity during the quarter, followed by premium locations including The Pearl Qatar and Lusail. In The Pearl Qatar and Legtaifiya, sales volumes increased 6.3% quarter-on-quarter.
What are the trends in capital values and rental yields?
Apartment capital values remained stable both quarterly and annually, averaging QR 10,460 per square metre across Qatar. The Pearl recorded average apartment values of QR 10,570 per square metre, followed by Lusail at QR 10,365 per square metre and West Bay Lagoon at QR 9,460 per square metre. Villa values were similarly stable year-on-year, averaging QR 5,675 per square metre nationwide. Price movements during the quarter remained limited, with Old Airport recording the largest quarterly adjustment at a 1.3% decline.
On the investment side, residential gross yields remained unchanged at 5.6%. Apartments continued to outperform villas on rental returns, generating average gross yields of 8%, compared with 4.4% for villas. Looking ahead, new supply remained limited during the quarter, with approximately 355 apartments delivered. Around 4,600 residential units are currently scheduled for completion during the second half of 2026, though developers have deferred more than 600 units into 2027, primarily in Lusail.
