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How about THE PEARL QATAR ?
Source: Gulf Times. July , 2009
Why is it that THE PEARL QATAR is not mentioned in the areas where buyers can transfer their sponsorship?
Five expatriates owners of properties
The official said that the owners of property, if employed, can transfer their sponsorship with the consent of the current sponsor.....
The areas where expatriates can buy property are:
Musheirib, Freej Abdul Aziz, Doha Jadeed, Ghanim Al-Atiq, Al-Riffa, Al-Hitmi Al-Atiq, Salata, Bin Mehmood, Rawdat Al-Khail, Al-Mansoura, Bin Dirham, Najma, Umm Ghwailina, Al-Khulaifat, Al-Sadd, Al-Mirqab Jadeed, Al-Nasr, area around Doha International Airport, Al-Qisar, Al-Dafna, Onaiza and Lusail, Al-Khiraij, Jabl Thuailab.
Only properties in Al-Sadd and Najma area are available so far, “as the process of classifications have been concluded in these two areas only.”...
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Comments
Aunt Polly said
I was wondering the same ...I was wondering the same thing - a friend of mine , an Algerian said many of her friends (Algerians ) had bought property in the Pearl already.
AP
Aunt Polly
fubar said
Hehe - you'll still need an ...Hehe - you'll still need an NOC to transfer your sponsorship from your current sponsor to your property:
"The official said that the owners of property, if employed, can transfer their sponsorship with the consent of the current sponsor."
So, what if you pay 1,400,000QAR for your property, but don't get an NOC?
eternity said
thats because the pearl is ...thats because the pearl is freehold + not on mainland(ie its been reclaimed) so it comes in a different category altogether..... the article is only referring to properties on the mainland...
positive said
Thanks eternity ...Could you please tell me what is the essential difference between FREEHOLD and LEASEHOLD?.
Thanks in advance.
eternity said
well i guess that leasehold ...well i guess that leasehold does not give you complete ownership of property (99 year lease only, which is the case with the properties you have mentioned above from the article) whereas freehold means you have a 100% ownership of property and is yours to do whatever you want with it!
alain md said
pay property in full first? ...What if you mortgaged the property from a bank? Do you have to pay it in full first to have PR?
Alain
The Dude.... said
Qatar is the LAST place on ...Qatar is the LAST place on earth where I would buy a house.
positive said
Hi, ...Thanks eternity and Speed for your replies.
alain, I think that is a very good question. I hope someone could give more info about it.
I am pretty sure you will get the PR as soon as you get the keys of the apartment.
If someone who is living already in one of the apartments could provide some info, that would be great.
Thanks.
Sun, 05/07/2009 - 5:24pm New!
trademark84 said
LIVE at THE PEARL ...Hey guys,
there are properties available for rent at the pearl at really good prices. you should and take at look if your looking for a place to rent
hotandsticky said
WORD OF WARNING: STAY AWAY ...WORD OF WARNING: STAY AWAY AND DONT EVEN THINK ABOUT BUYING AT THE PEARL . YOU WILL ONLY MAKE YOURSELF VULNERABLE TO THE EXTORTIONATE AND INSANE SERVICE PRICES UDC IS LEVYING ON THE ALL WHO LIVE THERE. IT WILL BE A CASH SINK AND NIGHTMARE FOR ANYONE WHO OWNS. DO YOUR HOMEWORKK AND FIND OUT FOR YOURSELVES.
MagicDragon said
The Pearl is Haram. ...The Pearl is Haram.
amnesia said
The Pearl falls under Doha ...The Pearl falls under Doha Jadeed which means New Doha.
Those who regard The Pearl as one project obviously don't know what they are talking about.
The Pearl is the location but there are MANY different projects by different contractors. That's like saying, Don't invest in New York.
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