Local rental prices remain stable.
Despite the slowdown in buying and selling activity during Ramadan, rental values remain stable in several areas, supported by offers and incentives provided by landlords.

A report issued by Al Asmakh Real Estate Development Company stated that the real estate sector usually experiences a relative slowdown in transaction volumes during the holy month of Ramadan, a seasonal pattern that regularly recurs in the property market.

The report explained that many asset management companies and investors use this period to reorganize their priorities and review their investment strategies, particularly amid fluctuations witnessed in some areas due to the increase in property supply, which in certain cases has led to limited corrections in rental values.

Despite the decline in buying and selling activity during the holy month, the report noted that rental levels remain stable in several areas, supported by offers and incentives provided by landlords and real estate asset management companies to attract tenants.

It added that the activities of development and asset management companies during this period mainly focus on completing ongoing projects, reviewing existing deals, and studying new investment opportunities that could be utilized in the coming phase.

The report also indicated that some investors view the current period as a suitable opportunity to explore investment options in the real estate market, whether through purchasing assets or investing in rental-oriented real estate projects.

The report expects the second half of the year to witness a noticeable improvement in sales and purchase activity, particularly in areas that allow usufruct rights or freehold ownership for non-Qataris. It emphasized that any improvement in real estate sales indicators would further stimulate market activity, supported by the strength and stability of the economy of Qatar, while the real estate sector continues to be considered one of the safest investment channels.