Qatar - Real Estate Market Review - Q2 2025 Report

The Qatar real estate market demonstrated measured resilience in the second quarter of 2025, characterised by strengthening residential sales activity and targeted growth in the hospitality sector. This edition of the ValuStrat Price Index (VPI) provides a valuation-anchored analysis of market maturity, highlighting modest improvements in residential capital values alongside dynamic shifts in commercial leasing and industrial performance.

• Citywide residential capital values (VPI) recorded a 2% year-on-year increase to reach 98.4 points, led by a 2% quarterly rise in freehold villa values.
• Residential transaction volumes surged by 30.9% quarterly and 62.6% annually, with median ticket sizes expanding to QAR 2.8 million.
• The Office Rental VPI registered a 1.1% quarterly decline to 96.3 points, with Grade A asking rents adjusting to QAR 113.3 per square metre.
• The hospitality sector achieved robust growth, recording a 21.2% year-on-year surge in Revenue Per Available Room (RevPAR) and a 6.5% rise in Average Daily Rates (ADR).
• Industrial ambient warehouse rents improved by 2.9% quarterly, whilst retail shopping centre lease rates experienced a measured 2% contraction.

Institutional investors and developers requiring a valuation-anchored view of residential capital growth to navigate market maturity and optimise project pipelines.

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

Multinational corporations and corporate occupiers evaluating Grade A office supply and rental rate adjustments to formulate strategic leasing and consolidation decisions.

Hospitality operators and tourism stakeholders monitoring ADR, RevPAR, and GCC visitor arrival trends to optimise pricing and operational strategies.

High-net-worth individuals (HNWIs) and active market participants aiming to benchmark capital values and rental yields across key residential districts such as Lusail and The Pearl Island.

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

• Benchmark individual residential and commercial assets against authoritative, countrywide capital and rental value trajectories to optimise portfolio performance.
• Understand structural shifts in the office sector, including the precise performance divergence between Grade A and Grade B/C commercial clusters.
• Support complex pricing, acquisition, disposal, and lending decisions backed by an independent, RICS-regulated valuation framework.
• Evaluate residential gross yields and track market liquidity through comprehensive data on transaction volumes, mortgage activity, and median ticket sizes.