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Calmness in real estate dealings during Ramadan

The report of Al-Asmakh Real Estate Projects Company said: The real estate sector is witnessing during the holy month of Ramadan calm in transactions, as it is one of the most sensitive markets to general conditions. The report indicated that real estate asset management companies and real estate investors will, during the holy month, arrange their papers again, and take some breaths as a result of the fluctuations that accompanied them due to the increase in supply in some areas, which results in corrective operations in rental values. The report indicated that despite the calm that will affect the real estate sector and the decrease in buying and selling operations, rental values ​​maintain their levels in many areas, supported by offers made by the owner and real estate asset management companies. The report added: Most of the work of real estate development companies or real estate asset management companies during the holy month will be limited to completing old works, reviewing and completing previous deals, in addition to seizing investment opportunities. Report said "the deaf"Many investors see that the current time is an appropriate opportunity to wait and choose the appropriate real estate investment opportunities, whether for purchase or for rental investment, especially for real estate investment projects. Pointing out that the second half of this year will witness a good movement in buying and selling operations, especially in areas of usufruct or freehold ownership for non-Qataris. Pointing out that any increase in the real estate sector sales index will be a great catalyst for the expected activity of the sector, especially that the Qatari economy is considered strong and cohesive and that the real estate sector is considered one of the safe sectors for investment.

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Arab Desk
Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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