Apr. EN 2019

Al Mazaya: Low prices efficiently contributing to overcoming housing challenges met by low & mid-income segments Real estate projects targeting low and middle-income segments have formed the basis for state-run plans and strategies to rebalance the property market and stimulate demand for private sector-led developments over the past period, during which the Middle East region witnessed, and still, uncertainties in terms of supply and demand and price volatility. In spite of the need for projects addressing target segments, the demand for low- priced and low-quality units is ebbing. However, such projects will positively reflect on domestic demand and the pace of operation of all relevant sectors in addition to forging long-term solutions to existing social challenges, according to Al MazayaHoldingRealEstateWeeklyReport. Mazaya Monthly Real Estate Report Week 5 - April 2019 Amid growing demand driven by population growth and government solutions to housing challenges 15