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Qatar’s Residential Property Market Analysis 2024

Qatar’s Residential Property Market Analysis 2024

Qatar’s residential property prices are falling again, amidst weak demand coupled with an oversupply of available properties.

In April 2024, the real estate price index fell by 6.73% as compared to the same period last year, following annual growth of 0.87% in 2023, 5.09% in 2022, and 2.15% in 2021, according to figures from the Qatar Central Bank (QCB). When adjusted for inflation, the price decline is more severe, at 8.06%.

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