Qatar - Real Estate Review Q1 2025

The Qatar real estate market demonstrated a broadly stable landscape in the first quarter of 2025, characterised by consolidation across the residential sector and the strategic introduction of a new commercial benchmark. This edition of the ValuStrat Price Index (VPI) highlights robust residential transaction activity alongside encouraging growth within the industrial segment.

• Citywide residential capital values (VPI) held firm at 96.5 points, reflecting a stabilised environment for both freehold villas and apartments.
• Residential transaction volumes surged by 67.1% annually and 13.2% quarterly, with median ticket sizes recorded at QAR 2.7 million.
• The inaugural Office Rental VPI recorded 97.4 points, providing a granular assessment of Grade A and Grade B/C commercial clusters across over 90% of the national office supply.
• The industrial sector displayed encouraging momentum, with ambient and cold storage rents rising by 2.8% and 3.6% respectively over the quarter.
• The hospitality market welcomed 1.6 million visitors, maintaining an average hotel occupancy of 71.3% amidst a normalising cycle for average daily rates and revenue per available room.

Institutional investors and developers requiring a valuation-anchored baseline to navigate a consolidating residential market and optimise future project pipelines.

Multinational corporations and corporate occupiers evaluating the new Office Rental VPI to benchmark Grade A and Grade B/C leasing costs.

Lenders and risk management teams seeking independent, evidence-based metrics on residential sales volumes and mortgage activity to accurately underwrite real estate exposure.

Logistics operators and industrial stakeholders monitoring rental appreciation across ambient and cold storage facilities.

Hospitality operators and tourism stakeholders evaluating visitor demographics, occupancy rates, and revenue trends to optimise pricing strategies.

This comprehensive review equips decision-makers with the empirical clarity required to navigate Qatar's stabilising property landscape.

• Benchmark individual residential and commercial assets against authoritative, countrywide capital and rental value trajectories.
• Understand structural shifts in the commercial sector through the newly launched office index covering seven major commercial clusters.
• Support complex pricing, acquisition, commercial leasing, and lending decisions backed by an independent, RICS-regulated valuation framework.
• Evaluate residential gross yields and track market liquidity through detailed analysis of transaction volumes, mortgage metrics, and evolving ticket sizes.