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Qatar's real estate deals hit QAR 1.16bn in January

Qatar's real estate deals hit QAR 1.16bn in January
Property deals in the world's richest country per capita surged 18% to 309 in the first month of the year.

Mubasher: Qatar's real estate transactions hiked 13% month-on-month to QAR 1.16 billion ($319 million) in January 2018, according to the Justice Ministry's report on Monday. 

The report showed that property deals in the world's richest country per capita surged 18% to 309 in the first month of the year. 

Al Rayyan, Qatar's third-largest municipality, has seen the highest real estate transactions last month with a total value of QAR 398.6 million, followed by Doha and Al Daayen with a combined value of QAR 280.9 million and QAR 191.12 million, respectively. 

While the mortgage sector's transactions amounted to 57 with a total value of QAR 2.94 billion, the report highlighted.