Qatar’s construction industry is forecast to grow from QR127.88 billion ($35.1 billion) in 2024 to around QR158.05 billion ($43.4 billion) by the end of 2029, according to a new report by ResearchAndMarkets, one of the world’s largest market research platforms.
The report, titled Qatar Construction Industry Databook Series – Market Size & Forecast by Value and Volume, Q1 2025, indicates the sector grew at a compound annual growth rate (CAGR) of 2.5% between 2020 and 2024. From 2025 to 2029, the market is expected to maintain an upward trajectory with a projected CAGR of 3.3%.
Offering a comprehensive, data-driven analysis, the report delves into growth opportunities across both building and infrastructure segments. It features over 100 key performance indicators (KPIs), detailed insights into construction cost structures, and visual tools such as charts and tables to support stakeholder decision-making.
Qatar’s construction output is expected to grow by 4.4% in 2025, reaching QR133.55 billion ($36.7 billion). The building construction segment is analyzed across more than 30 sub-categories, covering residential, commercial, industrial, and institutional projects.
In the real estate sector, Qatar recorded QR1.27 billion ($357.5 million) in sale contract volume in March 2025, slightly down from QR1.29 billion in February. According to the Ministry of Justice’s monthly bulletin, 283 transactions were completed, with the traded area index showing a 14% increase.
Doha, Al Rayyan, and Umm Salal led financial transactions, followed by Al Dhaayen, Al Wakrah, Al Shamal, and Al Khor and Al Dhakira. Specifically, Doha saw QR549 million in transactions, Al Rayyan QR281.1 million, and Umm Salal QR145.4 million. Al Dhaayen, Al Shamal, and Al Wakrah followed with QR106.2 million, QR103.5 million, and QR58.9 million respectively, while Al Khor and Al Dhakira recorded QR32.6 million.
Source: The Peninsula
