Published on 28 September 2005 at 11:23 am
Filed in Property News for Qatar » The Pearl Qatar
Described as the Riviera Arabia, Qatar’s unique offshore island development The Pearl is beginning to shape up as the region’s most exciting property development bar none.
Offering the only properties available for sale freehold to international buyers and property investors in Qatar, The Pearl will be home to around 30,000 residents when completed in 2009, with the first residents taking possession of their iconic homes towards the end of 2006.
The Pearl is being constructed on reclaimed land in the Arabian Gulf and will cover an area of 985 acres and lie just 20 kilometres from Doha’s international airport making the entire development highly accessible from anywhere in the world. All purchasers will not only be granted unrestricted freehold title to their property, but they will automatically receive residency visas allowing them to reside in their Qatari properties or visit their new home at any time.
The accommodation units available for purchase include apartments and penthouses as well as town houses and luxury detached villa properties. There are also a number of commercial properties available for purchase from bars and restaurants to retail units. There will also be three five star hotel complexes situated on The Pearl development and all residents and visitors to The Pearl will benefit from the islands’ four marinas and up to 60,000 square meters of retail, entertainment and social space.
The Pearl is being constructed as a brand new community within a community as residents of The Pearl will have access to amazing Qatar and all the career and lifestyle opportunities it boasts, but they will also be self sufficient within The Pearl development as it will be home to schools, health care facilities, every level and type of retail experience from supermarket shopping to designer boutique exclusivity, and the range of entertainment and social facilities available will fulfil everyone’s requirements whether they crave a fine dining experience or a lively night out after a hard work out in the gym or on the tennis court.
The 985 acre site will be framed with stunning beaches and decorated with an abundance of beautiful parkland; residents will neither feel hemmed in nor isolated as the design emphasis of The Pearl is on accessibility whilst embracing space. The development is being divided into different destinations with distinct residential zones being carved out of the framework of The Pearl. The quality and attention to design, construction and finish detail is second to none. No expense is being spared in the creation of this iconic dream in the Arabian Gulf and property investors buying into the first phases of The Pearl are already enjoying a lift of their initial purchase price.
International investor interest has been intensified by the decision to allow non-Qatari’s freehold ownership of properties in The Pearl, and private and corporate investors are scrambling to buy up residential and commercial opportunities as they come up for sale. The development will ultimately be a family destination with great emphasis being placed upon the creation of a community and one that will be serviced by the highest quality amenities and facilities.
To find out more about the properties for sale, the entire development and the property investor opportunities currently available in The Pearl, Qatar, click here.
