The Real Estate Registration Department under Qatar’s Ministry of Justice is working to add more online services to its digital platform which were more in demand by people to facilitate the transaction.
“We have digitalized a number of major transactions that are attracting more people, and soon we will digitalize many more transactions that more people are asking for,” said Khamis Jassim Al Marikhi, Head of Real Estate Registration Department at the Ministry of Justice.
The new procedures to be released would achieve a leap in electronic services and with this Qatar will become the first in the world to ease procedures for registering property documents. Al Marikhi further added that the procedures for selling a property usually took about a week or more, but now it only takes a few minutes (around 10 to 15 minutes).
Last year, the total value of real estate transactions in Qatar stood at $851.4 million from 5,117 property transactions despite the difficult situation due to coronavirus. In 2019 the country recorded 3,783 real estate transaction which valued at around $604 million.
As per the annual analytical real estate bulletin issued by the Ministry of Justice for 2020, the municipalities of Doha, Al Rayyan and Al Daayen topped the most active trades in terms of financial value, followed by the municipalities of Al Wakra, Umm Salal, Al Khor and Al Thakhira, Al Shamal and Al Shahaniya.
With the addition of the new law of Non-Qatari Real Estate Ownership, Al Marikhi expects to see a huge increase in the movement of sale and registration. The department has deployed 15 real estate centers in the country to facilitate registration and documentation service and to address the procedures that delay the completion of transactions or the sale process.
