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FINANCIAL NEWS
Qatari real estate deals reach USD400m
14 Nov 2012
(MENAFN) Qatar’s Ministry of Justice revealed through its real estate registration department that property transactions in the country reached around USD400 million in only 5 days, reported Arabian Business.
The department added that the figure covers the period from November 4-8, and comprised properties that were traded through sales or mortgages, including villas, apartments, compounds, shops and pieces of land.
The transactions also covered several municipalities, such as Doha, Al Khor, Al Rayyan, Al Wakra, Umm Salal and Al Daayen.
It is worth noting that in the second quarter, Qatari rental values rose by 8 percent, according to Asteco.
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