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Ramadan is the month of reflection, kindness, showing gratitude, and family. The holy month has major significance and is the fertile time for shoppers to seek savings. During Ramadan, we observe major price drops on a series of items. Also, some stores are offering major cut-downs at prices on various items likewise which has affected the property market.

UAE isn’t just a hub for business but also for shoppers and during Ramadan, the discounts are touching the sky but this year issues in global supply have affected the market in one way or the other due to the inventory shortages, margins, and much more. 

Earlier, Ramadan is the best time to avail yourself of the big discounts in every sector but now the tables have turned and we have observed a major decline in deals due to the supply and demand. As the economy is recovering the real-estate sector has seen major growth due to the initiatives taken by the UAE Government. 

During the month of Ramadan, the Dubai property market rolls out generous offers and discounts for potential buyers. Signature Habitat has a series of properties in UAE available at amazing prices for sale or lease also at this every deal is worth it as the buyer will be saving huge money.

This Ramadan, the Property market has major offers going on which is inclusive of an up to 100% waiver on the Dubai Land Department fees, 3-year service charges waiver on the property, and a 25/75 offer where the buyer has to pay only 25% of the sale before moving in and can pay the rest amount within the 3 years post completion of the project.

The offers in the property market are well-suited for every kind of buyer. Also, people tend to make a major investment in the holy month of Ramadan. The holy month provides flexible working hours and also provides the time to unite with friends and families and with change in time consumers have the maximum accessibility which allows them to explore the different properties and options. 

There are misconceptions surrounding that the sales went down during Ramadan however, Dubai has recorded approximately $1.44 billion of transactions in just 1 week of Ramadan. The reason for high sales is people have more time on their hands due to reduced working hours which benefits both sellers and buyers.

The Dubai property market has seen major fluctuations in terms of lease, and rent registration as people have more time to find a home. Signature Habitat has a team of experts who take the hassle out of the process of finding a home and provide you with the best options in localities with the best schools, markets, and much more.

Considering the fasting time the viewing of properties goes till late which means one can easily get their hands on the best without any issues. The real estate market is growing which means acquiring places with discounts and offers now is the best and it can provide huge returns on investment.