UAE property developers ramp up Ramadan offers:
"UAE property developers are ramping up efforts to win over prospective buyers with discounts and attractive payment terms, hoping to counter the expected fall in sales during Ramadan.
The onslaught of deals come as the country is already grappling with declining real estate prices as well as an anticipated increase in the supply of residential units in the coming year.
“During the holy month, property transaction levels are known to dip and this when combined with a real estate market that is continuing to soften, developers will unsurprisingly, get creative to entice demand,” said Faisal Durrani, partner, head of research at property consultancy Cluttons."
'via Blog this'
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