By 2029, Qatar’s construction sector is forecasted to reach QR158.05 billion.

Qatar’s construction sector is on a strong upward trajectory, with its market value expected to surge from QR127.88 billion ($35.1 billion) in 2024 to approximately QR158.05 billion ($43.4 billion) by the end of 2029, according to a recent study by ResearchAndMarkets, one of the world’s leading market research firms.

The report, titled “Qatar Construction Industry Databook Series – Market Size & Forecast by Value and Volume, Q1 2025”, highlights that the industry experienced steady growth between 2020 and 2024, recording a compound annual growth rate (CAGR) of 2.5%. The pace is expected to accelerate to a CAGR of 3.3% between 2025 and 2029.

A comprehensive review of Qatar’s construction landscape, the report delves into market opportunities across building and infrastructure development, featuring more than 100 key performance indicators (KPIs). It offers detailed insights into growth trends, cost structures, and performance metrics across residential, commercial, industrial, and institutional projects—presented through easy-to-read data visuals.

Looking ahead to 2025, the sector is projected to grow by 4.4% year-on-year, reaching a value of QR133.55 billion ($36.7 billion).

Meanwhile, the country’s real estate market witnessed QR1.27 billion ($357.5 million) in sales transactions during March 2025, reflecting a slight dip from QR1.29 billion in February. According to the Ministry of Justice’s latest real estate bulletin, 283 property deals were recorded, with the traded area index rising by 14%.

Doha, Al Rayyan, and Umm Salal emerged as the top municipalities in terms of transaction volume. Doha led with QR549 million in total deals, followed by Al Rayyan at QR281.1 million and Umm Salal at QR145.4 million. Other active areas included Al Dhaayen (QR106.2 million), Al Shamal (QR103.5 million), Al Wakrah (QR58.9 million), and Al Khor and Al Dhakira (QR32.6 million).

These numbers reflect sustained confidence in Qatar’s property and construction sectors, driven by continued infrastructure investment and urban development initiatives.