Previous Page  4 / 16 Next Page
Information
Show Menu
Previous Page 4 / 16 Next Page
Page Background

The Report also refers to a continued

investment momentum at the Qatari

real-estate market as real-estate trading

continues to benefit from growing

demand on residential and commercial

lands preparing for a larger number of

projects to come. Data revealed from

the Qatar Real-Estate Registration

Department state the value of real-

estate trading amounted to QR 36

billion during the first mid-term this

year compared to QR 24.4 billion of the

same term 2014 - achieving 48% growth

rate, signaling a state of augmenting

activities,

investment

preference,

higher liquidity and finance streams

available. In a similar context, the gross

value of real-estate trading concluded -

amounting to QR 53.1 billion, including

common lands topping the list, not to

mention residence’s, commercial and

housing complexes. The increase on

the price of real-estates supplied, and

lands allocated for villas and residential

complexes during the past two years

ranged between 3040%-, contributing

to the decrease in the number and value

of transactions concluded, whereas

the lands allocated for residential

towers experienced the increase

recorded on trading price ranging

from 7080%- during the same lapse.

4

Mazaya Monthly Real Estate Report -

Week 1 - October 2015

Al-MazayaReport statessaleandmortgage

transactions have resumed as usual,

signaling more investment preference,

with finance processes equally continued,

affected by the increasing number and

value of mortgages amounting to about

AED 65 billion till end of this mid-term.

Sales followedamountingtoAED53billion,

led by the sale of commercial constructed

lands, while building sales amounted to

AED 20 billion during the same first mid-

term. The increase of the rhythm of these

activities is justified by the improvement in

investors' anticipations, which eventually

could be taken as an indicator to build

mid to long-term investment strategies

relying on the growth of sales, mortgage

of transactions, stability of prices and

availability of required liquidity in market,

enabling investors to easily conclude their

transactions without losses. The real-

estate market in Dubai experienced some

decline in the value of transactions during

Q2 this year, especially in land, villa and

residential units justified by seasonality.

Real-estate finance terms, and the delay

in taking investment decisions while

waiting for a decrease in market prices,

hoping to achieve better investments,

are additional reasons for this decline.