The Pearl Qatar (Amazing Construction)
This is a US multi billion man-made island covering 985 acres (400 hectares) of reclaimed land offshore the Arabian Peninsula state of Qatar - the Arab world's wealthiest per capita country. The Pearl-Qatar is the country's first international real estate venture, its largest real estate development and the first to offer international investors freehold. It is a four-phase mixed-use development comprising 10 distinct, themed districts to be developed over five years housing beachfront villas, elegant town homes, luxury apartments, exclusive penthouses, 5 star hotels, marinas, schools as well as upscale retail and restaurant offerings. It will be a destination in its own right - a lavish, secure and exclusive island retreat with a Riviera-style community. It is being built offshore eastern Qatar, immediately east of the West Bay shoreline. The Pearl-Qatar will be approximately 20 kilometres north of the central business district of the Qatari capital, Doha. The island will be just 20 kilometres from Doha International Airport in the south. The island has been positioned with the greatest respect for the marine environment and topography. Construction is in four phases with a target completion date end of 2011. When fully developed the island will house around 11,000 luxury villas, town homes , penthouses and apartments which will, in total, be home to up to 40,000 residents. Exclusive luxury villas will be located in clusters, around the island's perimeter, with private beaches and stunning sea views. Also planned are medium-sized private, luxury villas and fashionable apartments, again with breathtaking sea views. In total there will be three marinas with mooring for 700 boats. Extensive private and public moorage is planned and the island will have canals, lakes and interior navigable coves. The island will host a yacht club of world-class standing to cater to the international, regional and local yachting community. Locations have been identified for three primary schools and a secondary school. In addition, there will be several kindergarten and day care centres. The island will have several public parks and accessible open spaces.
The Terms of Sale : Initially a deposit of 20% is required upon reservation. The remaining 80% is due upon completion.
Proposed Model :
Satellite image on Feb – 2008
ref. site : http://www.thepearlqatar.com