Real estate consultants in Arab countries say that the stock sector has a horizontal structure that when it collapses, all shareholders, small and large, suffer losses, but the real estate sector has a pyramidal structure in such a way that the prices of luxury and luxurious properties decrease quickly, but the ordinary real estate sector due to population growth in the Persian Gulf countries, which always have; It won't hurt much
Real estate consultants in Arab countries say that the stock sector has a horizontal structure that when it collapses, all shareholders, small and large, suffer losses, but the real estate sector has a pyramidal structure in such a way that the prices of luxury and luxurious properties decrease quickly, but the ordinary real estate sector due to population growth in the Persian Gulf countries, which always have; It won't hurt much.
The real estate sector in most of the Arab countries along the Persian Gulf was one of the most prominent sectors that witnessed improvement during the last year and the beginning of this year, and it is expected that its conditions will improve again. The United arab emirates and Qatar with ratios of 42.4 and 18.6, after Saudi Arabia, are among the countries where property prices are low compared to their annual income.
Usually, the Arab countries, especially the UAE, gain huge profits during the financial sanctions of the West against the countries of the Middle East. Because the people of the Middle east and Asia who have experienced the heavy sanctions of the West and the devaluation of the national currency are always looking for a financial shelter for themselves. Real estate transactions based on Islamic financial jurisprudence continue to reflect Basel II and unamended Basel III regulations. But the revised version of Basel III, which expired in December 2017, introduced additional requirements, including limiting concentration in real estate and independent valuation of assets.