What is the general consensus on prices in the market right now?
The overwhelming majority of you believe real estate within the GCC is overpriced, according to the survey. Data revealed almost half of you (45.31%) believe property prices are far too expensive, while a further 42.78% said prices are moderately overpriced. Only 10% of survey participants feel prices are fair and only 1.83% believed prices are low, the survey found. Qatar appeared to be the most overpriced market in the region, with 52% of you believing real estate there is “far too expensive.” Bahrain was perceived to be the least overpriced, although 43.2% of you still said prices were far too high.
