The Pearl Qatar is a reclaimed island in Doha, the capital of Qatar. It is a large island spread across an area of 4 million square meters with many commercialand residentialproperties available for freehold ownership by foreign nationals. According to current statistics, there are 15,000 residents in this island and once construction is complete, the island will have more than 18,000 homes to accommodate 45,000 residents. The expected completion date for the project is 2018.
The Pearl Qatar apartments is the perfect place to invest as the property resale value increases towards the completion of the island development, bolstered by the upcoming 2022 FIFA World Cup in Qatar. It is more common to find investors buying and leasing out their properties in The Pearl Qatar attracting a high return on investment for property owners.
Whilst some towers are still under construction, you can find many apartments for sale in the completed towers in the Porto Arabia and Viva Bahriya areas. Each tower offers a range of facilities to its residents for common leisure activities including access to a gym, spa and swimming pool as well as the nearby shops, restaurants and cafes.
Further Advantages of Owning an Apartment in The Pearl Qatar
Megapolis, an indoor entertainment center is expected to open in March 2015 in Medina Centrale, The Pearl Qatar. The indoor center will be a sophisticated center for activities like 3D and 5D games, arcades, golfs, billiards, bowling and more. Additionally, United Development Company (UDC) the construction company, which has conceptualized and constructed The Pearl Qatar, has also tied up with hospitality partners who are planning to launch exclusive eateries and beverage outlets in The Pearl Qatar.
With all these attractions The Pearl Qatar is one of Qatar’s major tourist attractions creating additional value for the islands property owners. The close proximity of the beaches, leisure facilities,world-class restaurants and entertainment centers complemented by the scenic views of the marina offer tremendous value to investors buying property in The Pearl Qatar. All supported further by the high return on investment and increasing property resale value of the apartments.