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Mazaya Monthly Real Estate Report -

Week 1 - January 2017

The Gulf real estate sector maintained

a limited upward momentum and

achieved fairly positive results in 2016,

contrary to expectations that it was to

sustain heavy losses and bubbles that

would create considerable challenges

in the industry at present and in the

future, according to market indicators.

In its weekly real estate report on 2016’s

results, Al Mazaya Holding said that the

Gulf realty market went through fast-

paced and multi-faceted developments

last year, atop of which were the unsteady

liquidity levels and the shaky demand for

residential, commercial and investment

real estate projects. These developments

took different forms that had their

bearing on each of the region’s realty

markets, and ultimately, affected the

demand for all types of property projects.

Al Mazaya: The Gulf Real Estate Sector Survives

Challenges in 2016 and Maintains its Competitive

Edge Regionally and Internationally