The Pearl-Qatar is a US $2.5 billion offshore, Riviera-style man- made island, covering 400 hectares of reclaimed land. It is Qatar's first international real estate venture, the largest real estate development in the country and the first to offer freehold and residential rights to international investors.
The Pearl-Qatar's name and location, on a former pearl diving site, leverages the country's traditions, and strong historical and cultural ties to the sea. The Pearl-Qatar will eventually house over 30,000 residents in an up-scale, multi-cultural residential community which will be a secure and exclusive Island.
The four-phase development comprises 10 distinct districts to be developed over five years, with the first investors expected to take up residency in 2007. The Riviera Arabia themed districts will house three luxury hotels, three marinas, with combined mooring for over 700 boats, and 60,000 square m of luxury retail and restaurant space.