How much is an apartment in Qatar?

116 0 Updated: 04/11/2023 11:48:44 Listed: 06/05/2023 Report WEB ID: 2934

Topic

The average rent of a studio apartment inside Doha is QAR 3,500 per month. Studio apartments in The Pearl cost on average QAR 6,000 per month. Studio apartments in Al Khor and Al Wakra cost approx. QAR 2,000 per month.

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Is rent expensive in Qatar?

The report showed that Qatar topped the list with an average rent of $3,742 (QR13,625) on a monthly basis followed by the United Arab Emirates with $2,208 (QR8,043), an immense difference of $1,534 (QR5,582) between the top two countries.

Why rent remains high in Qatar?

According to the latest data by Global Property Guide, Qatar recorded the highest average monthly rent for two-bedroom apartments in the Middle East. The report showed that Qatar topped the list with an average rent of $3,742 (QR13,625) on a monthly basis followed by the United Arab Emirates with $2,208 (QR8,043), an immense difference of $1,534 (QR5,582) between the top two countries. Several factors affected the housing market as the transaction volumes increased rapidly by 36 percent in the previous years. During the third quarter of 2021, Muaither, Al Wakrah, and Al Khor recorded the highest volume of transactions in the market.


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