(MENAFN) Dubai reported a 45 percent surge in the value of property transactions amid the first quarter of this year compared to 2016 and agents optimistic that recent prices will prove too amid Ramadan.
Moreover, sales activity has been increasing again this year, while momentum will be little affected by the upcoming Ramadan, as stated Property finder Group.
However, many industries slow down amid the holy month, few conferences are held, music entertainment takes an increased breather and daytime amid its largely off-limits.
Jan and Feb are peak months, with daily enquiries 11-23 percent above the average for the site, while activity slows from April to July.
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