Any one has bought/ booked property in Pearl Qatar?

sexydoctor
By sexydoctor

I have read several newspaper reports about peral qatar and how its thrown open for expats to invest in this project. With land prices and rentals shooting up in Doha, I felt it would be better to invest in Pearl Qatar and this would only be an appreciating asset...

I would appreciate feedback from anyone who has actually invested / or planning to invest in this project...

Whats the flip side/ disadvantages of investing in Pearl Qatar.....

By tintin• 12 years 2 months ago.
tintin

..have a look at that

http://www.qatarliving.com/node/938800

By gypsy gal• 15 years 2 months ago.
Rating: 2/5
gypsy gal

SDr..Truth..charmed..hey its nice to see people patch up...forget and forgive..thats good.

I know a person who bought an apartment in pearl..i guess its 2 bed..cost around 1.35M..20 % down payment and is paying 135,000/-quarterly. Completion by Dec 2008. He is a Brit expat. He had done good research on the risk factor.. I think risk is less compared to the returns you get.

By Don Corleone• 15 years 2 months ago.
Don Corleone

Thanks for your nice words.

I think Studios are sold out, but other towers in the pearl are being built, just keep on checking the adds. I think the land will be selling some studios soon. they are going for 900k to 1 mio

I always tell the truth, even when I lie

By sexydoctor• 15 years 2 months ago.
sexydoctor

Congrats on your prize possesion Im sure this will be a good investment and i wish you and your family a great future at the Pearl. Im sure it would be a breathtaking piece of architecture when its completed.

Any idea what the studio apartments cost? Guess they wud have all been sold out by now....

By sexydoctor• 15 years 2 months ago.
sexydoctor

As with several Dubai Properties ( like the Lagoon, Dubai) the emphasis these days is on studio apartments which can house a small family of 2 or 3 max....

I had seen newspaper advets in Doha from Doha Bank if im not mistaken about finacing plans wherein you invest 15% of the apartment cost in the Pearl and the remaining is funded by Doha Bank and the ad says EMI is approx. 8000 riyals a month....

But from what Khanz says the Pearl seems to be more expensive than Dubai Lagoons.... Can anyone shed light on this....

On a totally unrelated issue...

Truth and Charmed... am blushing... i agree its easier to be rude and pick up fights with unknown faces.... but about meeting you someday... its a remote possibility following your friend Xenas threat of deporting me ... so lemme stay put:)( i was just joking... let this not reignite the fireworks please...)

By Don Corleone• 15 years 2 months ago.
Rating: 2/5
Don Corleone

Ok guys now i have tears in my eyes:) kist kidding , its nice that u made up.

sexydoctor, i did buy at the pearl, a2 bed appt for 1.65 million QR, expensive i know, but i dont look at it this way, the pearl is the image of qatar and in no way they will let it fail, so just go with the flow, as i did, and hope than those two crazy persons, one in the white house and the other in some hole, not to go at each other and let the good times roll

I always tell the truth, even when I lie

By charmed• 15 years 2 months ago.
charmed

thats so sweet and i sorry if i upset you in anyways!! ( big group hug!), its so easy to fight with people you dont know and cant put a face too! Maybe one day we will get to meet!!!

By the truth 321• 15 years 2 months ago.
the truth 321

Live and let live...

No problem with anyone on this site even you, arguments come and go, generally I tend to post for anyone looking for help if I can within my own knowledge and remit.

Apology accepted and please find my apology in line with your own, I never meant for your qualifications to be brought into question however with my job I have to be sure to 100% that the person giving advice is capable and suitable (hence the consultant).

We came we saw we were Qatarized

By luisa• 15 years 2 months ago.
luisa

The oyster is the marketing and sales department of the PEARL QATAR under UDC's management. Big models are there that might amaze you. It shows the expected visual value of the pearl.

The modela are very impressive,as an additional.

its the most luxurious address in the middle east.

By sexydoctor• 15 years 2 months ago.
sexydoctor

will check it out....

i find your participation in these threads very encourging and am a bit embarrassed by the initial harshness that i showed towards you and charmed... am sorry for that...

atleast from my side i wud genuinely get over all animosity towards anyone on this site... a personal apology to charmed is due cos she is the lady in question...

about my medical qualifications i never had an issue about flaunting my degrees- just that i dint want it over the internet... if you still have issues about me being a quack... i wudnt mind showing my credentials to Qatari if it would make you feel better.... i just dint want my credentials out in the internet... that was my only issue...

finally i sincerely do know trolls are active on many sites... i am not responsible for any such activity... and i wudnt know who those people are... acusing me of changing my nick to post foul messages on QL was ofcourse hurtful for me... if this still doesnt convince people checking IP Addresses wud be a better way of ascertaining if im true or not....

lets pretend nothing happened between us... and for the better part i have apologised to you and your wife... happy?

By the truth 321• 15 years 2 months ago.
Rating: 4/5
the truth 321

Go as you would normally towards the Ritz, at the roundabout where you would normally turn left to ritz go straight over and the oyster is directly ahead.

Yep open to general public...closed fridays though.

We came we saw we were Qatarized

By sexydoctor• 15 years 2 months ago.
sexydoctor

thanks for the feedback i was seriously considering the option and might actually go in if the returns are as rosy as they promise...

and gypsy.... one q for you...

wheres this oyster at the pearl? do we take the dirt road with the check post on it?

i mean when you drive down towards ritz carlton you turn right before the hyatt twin towers right? all i see is a dirt road and a check post barricade....

is the oyster beyond this? is access open to general public?

By the truth 321• 15 years 2 months ago.
the truth 321

its not one of the palms in Dubai, they seem to be having issues with tiger sharks being found caught in the construction area between the palms and the outer ring.

We came we saw we were Qatarized

By ooo• 15 years 2 months ago.
ooo

" … and finally, but far from least, property law and owner's right for foreigners in Qatar."

And if/how they are going to change from time to time …

Richard, I think you forgot that : )

By Gypsy• 15 years 2 months ago.
Rating: 3/5
Gypsy

If you want to know more sexy doctor head down to the Oyster at the Pearl, they have a full scale model of the development and lots of info. It looks pretty spectacular. I know that 65% of it has already been sold.

By Lou• 15 years 2 months ago.
Rating: 5/5
Lou

From what i've read about it, it is considered to be a good investment and definetly the prices will go up, expected around 20% at least within next few years.

As for the completion date, i wouldn't worry to much about the delays cause the first towers that were supposed to be there by dec 2007 -will be there. I know a person who bought an apartmant in those first towers.

unless something really bad and unexpected happens , there shouldn't be any worry about your investment in the Pearl.

By Tigasin321• 15 years 2 months ago.
Tigasin321

and am thinking of doing the same. Concerns are cost of finance, time to completion, an American attack on Iran, quality of finishings, size of deposit and finally, but far from least, property law and owner's right for foreigners in Qatar.

We had better live as we think, otherwise we shall end up by thinking as we lived. - Paul Bourget

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