Qatar records boost in real estate transactions

(MENAFN) Qatar has seen its real estate transactions record a boost last year during the fourth quarter.

The amount of the transactions have seen an 8% rise in October, along with a 12% increase in November 2017.

DTZ Qatar's Associate Director Johny Archer declared "total sales value in October was QR6.52bn. This was the highest monthly total since July 2015."

He continued "Qatar (real estate) market has shown considerable resilience as compared to other markets in the region. For example, Abu Dhabi seeing residential rents fall by 13 percent and Bahrain by 16.2 percent during 2017."


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