According to the winter edition of the Qatar Real Estate Market Review from global property consultancy Knight Frank, the overall residential sales in Qatar increased by 43.5 percent compared to the previous year to QR26.6 billion ($7.2 billion), with growing supply and weakening prices.
Similar to the first half of 2025, the activity was concentrated in key locations in Q4 2025, with Doha recording 564 transactions with a total value of QAR2.4 billion and Al Wakrah registering 387 transactions worth QAR895 million.
The Knight Frank report stated that on a neighbourhood basis, Villa prices grew by 6.5 percent in Al Dafna and 5 percent in Al Kheesa in Q4 2025.
However, this contrasted with Abu Hamour, which reached a 9.5 percent year-on-year drop despite commanding the highest average price (QR7,740 per sq m). Umm Salal Ali continued to be the cheapest villa market with an average price of QR5,800 psm.
The report indicated that the prices of apartment sales reduced by 2 percent year-on-year, with an average price of QR12,865 psm across the nation.
The Waterfront (QR15,265 psm) and Viva Bahriyah, The Pearl Island (QR14,630 psm) had the highest prices, as the high end of waterfront residential remains in demand. Offering values was also optimized in Qanat Quartier (QR14,590 psm) and Porto Arabia, The Pearl Island (QR11,787 psm) is a cheaper alternative within The Pearl.
Faisal Durrani, Partner – Head of Research, Mena, said, “Average villa prices fell by 1% during the 12 months to Q4 2025, reflecting a more competitive pricing environment as supply expands and buyers become increasingly value-led.”
Durrani added, “Despite this moderation, prime locations remain resilient, supported by steady demand for premium schemes. Indeed, overall residential transaction activity strengthened in 2025, with the number of deals increasing by 50% year-on-year to 6,831.”
He stated, “Although residential prices are softening, strong growth in transaction volumes highlights continued liquidity and demand in Qatar’s core residential markets, indicating stabilisation, rather than a market in retreat.”
Knight Frank’s report indicates that the prime location of Al Dafna near business areas in Doha is still driving prices higher, and in Lusail, Al Kheesa’s competitive prices, strategic location, and sense of community are gaining popularity among the value-conscious buyers.
Knight Frank reported that the average villa rental rate fell by 2.4 percent in Q4 2025 to an average of QR12,985 per month, a slight correction of the market.
It indicated that the demand is pegged on prime communities, and West Bay Lagoon still dominates the market with an average QR18,656 per month for a three-bedroom villa, with a high of QR25,696 with 5 bedrooms.
However, the apartment lease rates slipped by 7 percent in Q4 2025, but the demand is also strong in the established, rich lifestyle-oriented districts.
The Pearl Island is the most expensive place to rent with average monthly prices of QR8,440 one bedroom, QR11, 645 two bedrooms and QR15,500 for three-bedroom apartments. Fox Hills is the least expensive choice, and one-bedroom apartments have a monthly average cost of QR5,875.
Adam Stewart, Partner – Head of Qatar, added, “Rental performance varies widely by location, and while the softening of average rates picked up pace in the final quarter of 2025, this does not tell the full story. Qatar’s residential rental market continues to be shaped by tenant demand for well-located, lifestyle-led communities, with pricing remaining strong for larger villas in established neighbourhoods.”
He said, “In the apartment market, standout performers The Pearl Island and West Bay continue to attract premium demand, with three-bedroom units commanding an average of QR15,500 and QR13,500 per month, respectively, reflecting pricing resilience in prime schemes.”
The Qatar office market demonstrated a decrease in grade-A rents by 1.4 percent over the 12 months up to Q4 2025. The current rental rate is at an average of QR90 psm per month, indicating an increasingly competitive lease market with an increased supply coupled with a changing occupier need.
TradeArabia News Service reported that the demand is still concentrated on prime areas, with West Bay -prime recording the highest rent, QR108 psm per month, followed by the Marina District with QR96 psm per month, and other areas in Lusail registering an average of QR90 psm per month.
