The Pearl Qatar is a (USD) multi billion man-made island covering 985 acres (400 hectares) of reclaimed land offshore the Arabian Peninsula state of Qatar. It 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.
The Pearl-Qatar will be a secure, family oriented environment. It will be like no other destination in the Middle East. Modeled on the best of the Mediterranean, it will be the Arabian Riviera (Riviera Arabia) and will offer a lifestyle reminiscent of France and Italy in the heart of the Arabian Gulf. The Pearl-Qatar, with 40 kilometres of reclaimed coastline and 20 kilometres of pristine beaches, will be a tourist destination in its own right.
Target completion date is by 2010.