The Pearl , Qatar

Photos

Status Active Listing
Type Development
Location  Doha
Country  Qatar
Sq.Ft  4000000
Price
(starting from)
 
Price on application
Property experts project an Annual rate of return of :
10.00%
the return on your investment in one year:
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The Pearl, also referred to as "Pearl of The Gulf" and described as the Riviera Arabia, is a US$ 2.5 billion (QR 9.1 billion) man-made island being built off the coast of the West Bay Lagoon area in Doha, Qatar. The 988 acre (4 million square meter) island is shaped like a string of pearls and diamonds and will be linked to the mainland by an 4-lane, palm-tree lined super highway. The islands will provide over 40 kilometers (24.9 miles) of new coastline and will be located 20 kilometers (12.4 miles) from Doha's international airport.


The Pearl-Qatar is being built on a reclaimed pearl diving reef in the Arabian Gulf and will have a Riviera-style theme that will encompass 7,600 freehold residential units that will accommodate 30,000 residents. The residential units will be contained in twenty-one 20-storey towers with 3,116 apartments and 410 town houses/detached villas. The Pearl will also contain 10 themed districts (Porto Arabia, Viva Bahriyah, Costa Malaz, Isola Dana, The Quartiers, La Plage Villas, Bhari Villas, The Grand Cruz), three luxury hotels, four marinas that can accommodate over 700 boats, leisure facilities, and 60,000 square meters (645,800 square feet) of luxury retail and restaurant space.


The Pearl is Qatar's first international real estate venture and the country's first freehold development. Development began on The Pearl on the 5th April 2004 and the first phase of development is scheduled to be completed by late 2006. Property owners of The Pearl will automatically receive Qatari residency visas and will be granted unrestricted freehold titles to their property.


Sabban Towers

Located on The Pearl's largest harbour, Porto Arabia, Sabban Towers will be located near the entrance to the island. It will offer freehold luxury apartments and penthouses with Mediterranean-style with contemporary architecture, each with a harbour or sea view.


Expected Completion Date - Late 2009

Real Estate Developer - United Development Company (UDC)

Location - Doha, State of Qatar

 
 
 
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