Resale Report Apartment The Pearl Qatar
Resale Apartments Market Report - The Pearl Qatar - 1stQ 2021 from The Pearl Gates by Riduanur Qureshi. Due to the current Residency Permit law, Qatar saw a surge in real estate demand in the first quarter of 2021. In comparison to the previous quarter, the value of units has increased by 4% to 10%. Studio apartments have seen a 10% increase in market value when compared to two and three bedroom apartments, owing to the better rate of return on investment. End users on the other hand, prefer apartments with two to three bedrooms. In the secondary market, about 120 apartments were listed. According to the statistics, 36% of the listed apartments are two-bedroom apartments, 27 % are one-bedroom apartments, 21% are three-bedroom apartments, and 16% are studio flats.