Thursday, 19 October 2017 05:59 GMT
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Qatar's real estate deals reach QR260.5mn

(MENAFN) Qatar's real estate deal value reached QR260.5mn in the last week, while the real estate market experienced a sharp decline in terms of value of deals signed amid 1-5 Jan.

Furthermore, the joined value of transactions amid the week reached QR260.5mn, a decline of almost 36 percent compared to QR411.7mn.

Accordingly, the sharp decline was due to the absence of any exceptional deals, value surpassing over QR100mn signed amid the cited week.

In addition, the drop in the number of real estate transactions and value was due to the beginning of the New Year 2017 when most real estate developers remain busy.

Qatar's real estate deals reach QR260.5mn