The Pearl Qatar - Villas market report - 1st Q 2021 - by The Pearl Gates, Doha, Qatar

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RIDUANUR QURESHI ASSOCIATE FINANCIAL ANALYST

REPORT FROM THE PEARL GATES This report will provide the current categories of villas available at The Pearl. The Pearl Qatar is expecting significant growth when it comes to the supply of residential villas. In this quarter, the ready to move-in villas and off-plan villas are actively listed in the market. Although, when it comes to ready-to-move in villas, you will find the beachfront and type of villas. The off-plan luxury villas are active in Giardino Village at The Pearl which have flexible payment plans and facilities such as private swimming pools, gardens, gyms, internal elevators and well furnished villas. In the 4th quarter of 2021 or 1st quarter of 2022, there is a possibility of some ready small villas to enter the market by various developers. In the first quarter of 2021 there were 10 ready residential villas available in the resale market. Around 75% are luxury residential villas with beachfront facilities. The standard size of a beach front villa is around 1,381 sqm and the average price is around 43 million QAR while the median price is 45 million QAR. An average per square meter price is around 31,467 QAR and the average discount rate is between 10% - 15%. In the 1st quarter of 2021, there was a low supply of small ready villas in The Pearl. The standard villa size is 573 sqm. Approximate price is 12.5 million QAR. Median price is 13 million QAR. Per square meter price for villa is estimated at 22,755 QAR. Discount price for a small villa is 7% - 10%.

THE PEARL GATES

- D E V E L O P M E N T S AT A G L A N C E


By Location The Pearl Number of Villas

Beachfront Villas

8

Average Price

43,000,000 QAR

Median Price

45,000,000 QAR

Average PSQm

31,467 SQM

Average Size

1,381 SQM

Number of Villas

Small Stand-alone Villa

10

Average Price

12,500,000 QAR

Median Price

13,000,000 QAR

Average PSQm Average Size

22,755 SQM 573 SQM

Number of Villas

Off Plan Small Stand-alone Villa

49

Average Price

12,400,000 QAR

Median Price

12,500,000 QAR

Average PSQm Average Size

21,402 SQM 703 SQM

Data in Visualization 50,000

60,000,000

40,000

1500

60,000,000

1200 40,000,000

30,000

20,000

20,000,000

10,000

900

600

40,000,000

20,000,000

300 0

0 Average PSQm

Median Price

THE PEARL GATES

0

0 Average Price Size Average

- D E V E L O P M E N T S AT A G L A N C E

Average Price


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