The Pearl-Qatar
The Pearl Island in Doha, Qatar, is an artificial island with an area of nearly four square kilometers. It is the first land in Qatar to be available for freehold ownership by foreign nationals. As of 2018, there were 27,000 residents.
The Pearl-Qatar is a high-end man-made island in Doha, Qatar. It covers four million square metres (or 1.5 square miles) of reclaimed land and is home to approximately 33,000 residents, hosting up to fifteen million visitors annually.
History of The Pearl-Qatar
Located in the Ad-Dawhah region of Qatar, The Pearl-Qatar was the first development therein to be made available for purchase by foreign nationals. The project was first revealed in 2004 and at the time, it was estimated that it would cost $2.5 billion. More recent estimates have come in closer to $15 billions upon completion.
The name “The Pearl” was chosen for the island because Qatar used to be a major player in the pearl trade, prior to petroleum taking over as its primary industry. The island chain was constructed to resemble a strand of pearls to honor the country’s pearling history.
The name “The Pearl” was chosen for the island because Qatar used to be a major player in the pearl trade, prior to petroleum taking over as iUnited Development Company is the developer who first undertook this ambitious project and was the first ever international real estate development company in Qatar. The Pearl-Qatar was the first project to allow international freehold purchase. s primary industry. The island chain was constructed to resemble a strand of pearls to honor the country’s pearling history.
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