Project: The Pearl Qatar

[Krazy]

The Pearl-Qatar, phase two release

The second phase of properties in Porto Arabia on multi-billion dollar The Pearl-Qatar project have been released for sale. The property ranges from one bedroom apartments to four bedroom town houses. For more details visit, www.thepearlqatar.com.

[Krazy]

Pearl-Qatar, 2nd release sold out

The second release of properties in Porto Arabia on USD2.5bn The Pearl-Qatar project have sold out. Details of future releases will de made available soon, according to a company statement. For details visit, www.thepearlqatar.com.

[Dubai-Lover]

Second batch of homes released at Pearl-Qatar



Porto Arabia development
United Development Company, the promoter of The Pearl-Qatar, has released the second batch of harbour-side homes in towers that rise from 10-storeys to 20-storeys at the new development.

This follows last year’s successful launch of freehold towers around Porto Arabia, the main marina of The Pearl-Qatar. The development is built upon a reclaimed island off the coast of the Qatari capital, Doha.

“The first release of West Porto Drive towers sold out within a week, and demand from institutional investors has been running high,” said development director of The Pearl-Qatar, Nick Bashkiroff. “We anticipate similar demand this time around as news of the project has reached the international arena.”

The towers overlook Porto Arabia, which will be an international yachting hub with berthing for 400 vessels, and the 2.5 kilometre La Croisette Boulevard that will skirt the marina and will be a centre place destination for diners and shoppers. “These will be among the most fashionable tower apartments in the Arabian Gulf,” explained Bashkiroff.

The towers contain upscale apartments, luxury penthouses and elegant adjacent town homes that will be ready by late 2006 or early 2007.

The range of one, two, three and four-bedroom luxury apartments, most of which have picturesque views, come in six architectural styles: Monaco, Tuscan, Provencal, Florentine, Catalan and Andalusian, designed to reflect The Pearl-Qatar’s Riviera
Arabia positioning.“Each of the island’s ten districts is individually themed to reflect a Mediterranean lifestyle in the very heart of the Gulf,” said Bashkiroff.

Callison Architecture of Seattle, USA, has designed the Porto Arabia homes.

In total, around 30 towers will surround Porto Arabia, which will also have 60 000 m2 of upscale retail and restaurants. “It will be a true leisure destination, the lively hub of The Pearl-Qatar, with homes for those who aspire to a Mediterranean lifestyle in a unique setting,” added Bashkiroff.

The $2.5 billion The Pearl-Qatar covers 985 acres of reclaimed land and is Qatar’s first international real estate venture offering freehold and residential rights to international investors. It will create over 30 kilometres of new coastline and will eventually house over 30 000 residents.

The four-phase development comprises ten districts to be developed over five years, with the first investors expected to take up residency in early 2007. The districts will house three luxury hotels, three marinas with combined mooring for more than 700 boats, and 60 000 m2 of luxury retail and restaurant space. The Pearl-Qatar is being built 350 m offshore from the West Bay Lagoon area of the Qatari capital, Doha.

[B-Patriot]

Very nice project...though i think Bahrain should like copy right the term or title "Pearl of the Gulf".....
Soo many countires claim this term, and use it in different projects, but i believe its Bahrain who was the first to have ever been called that, since the days of Dilmun in ancient times, along with many other interesting titles

[zx]

Second batch was sold out in one day only, the thired batch was released a week after the second batch, selling was very fast but I dont know if the thired batch is sold out or not.

[Krazy]

Pearl-Qatar sells off Porto Arabia towers

Dubai:

The developer of The Pearl-Qatar project announced the sale of seven 20-storey towers around Porto Arabia.

The seven towers are the third and penultimate tranche to be sold. They were bought by Qatari and GCC investors.

Porto Arabia is the main harbour of Doha's offshore development known as The Pearl-Qatar.

United Development Company (UDC), the promoter and developer of the $2.5 billion island being reclaimed offshore the Qatari capital, said the release of the final Porto Arabia tranche of eight towers was imminent.

"We anticipate the final release of these towers to be as close as a week," said Nick Bashkiroff, the development director of The Pearl-Qatar.

[zx]

it was annoounced today in the news paper that thired batch is soldout and the thired batch will be on sale soon.

[Dubai-Lover]

Bids to go out for Pearl Qatar in a week
Posted: Tuesday, April 26, 2005

Doha


Pre-qualified contractors will be asked to bid for the construction of the Porto Arabia towers in the main harbour area of the iconic offshore development The Pearl-Qatar in a week, said an official.

United Development Company (UDC), the promoter and developer of the $2.5 billion island being reclaimed offshore the Qatari capital, said it has already pre-qualified contractors for the tendering.

"The tender will be issued to pre-qualified local and international contractors within a week," said Nick Bashkiroff, development director, The Pearl-Qatar.

"We are on track to deliver these properties to investors by late 2006, early 2007."

In total, 31 towers will skirt La Croisette, a lively 2.5 km long shopping and retail hub which surrounds Porto Arabia. Each will house fashionable apartments with sweeping harbour views, luxury penthouses, elegant, marina-edge town homes and international retail outlets.

Porto Arabia tower luxury apartments come in a range of one, two, three or four bedrooms, most with sweeping sea or picturesque harbour views. They also come in six architectural styles- Monaco, Tuscan, Provencal, Florentine, Catalan and Andalusian - conceived to reflect The Pearl-Qatar's Riviera Arabia positioning.

The Porto Arabia homes have been designed by Callison Architecture of Seattle, which has also conceived the luxury interiors utilising craftsmanship and materials from around the world.

Porto Arabia is set to become an international yachting hub with 400 berths and plans for 60,000 square metres of high-end retail, restaurants and cafes.

Meanwhile, seven 20-storey towers which made up the third and penultimate tranche of freehold property release around the Porto Arabia have been sold to Qatari and GCC investors.

United Development Company (UDC), the promoter and developer of the $2.5 billion island being reclaimed offshore the Qatari capital, said the release of the final Porto Arabia tranche of eight towers is imminent.

"We anticipate the final release of these towers within a week," said Nick Bashkiroff, development director, The Pearl-Qatar.

[Dubai-Lover]

Third release of The Pearl-Qatar's Porto Arabia Towers sold

Seven 20-storey towers which made up the third and penultimate tranche of freehold property release around the Porto Arabia, the main harbour of Doha's iconic offshore development The Pearl-Qatar have been sold to Qatari and GCC investors.


Porto Arabia homes - third tranche sold - final tranche release imminent.
And United Development Company (UDC), the promoter and developer of the US $2.5 billion island being reclaimed offshore the Qatari capital, says release of the final Porto Arabia tranche of eight towers is imminent.

'We anticipate the final release of these towers which are part of the most iconic development within the island to be as close as a week,' said Nick Bashkiroff, Development Director, The Pearl-Qatar.

In total, 31 towers will skirt La Croisette, a lively 2.5 kilometre long shopping and retail hub which surrounds Porto Arabia. Each will house fashionable apartments with sweeping harbour views, luxury penthouses, elegant, marina-edge town homes and international retail outlets.

Porto Arabia tower luxury apartments come in a range of one, two, three or four bedrooms, most with sweeping sea or picturesque harbour views. They also come in six architectural styles- Monaco, Tuscan, Provencal, Florentine, Catalan and Andalusian - conceived to reflect The Pearl-Qatar's Riviera Arabia positioning.

The Porto Arabia homes have been designed by Callison Architecture Inc. of Seattle, which has also conceived the luxury interiors utilising craftsmanship and materials from around the world.

Porto Arabia is set to become an international yachting hub with 400 berths and plans for 60,000 square metres of high-end retail, restaurants and cafes.

'The Porto Arabia lifestyle will be akin to that in Cannes or Nice but within the clear, warm waters of the Arabian Gulf,' explained Bashkiroff.

UDC has also revealed that it has now prequalified contractors for the tendering of construction of the Porto Arabia towers.

'The tender will be issued to pre-qualified local and international contractors within a week,' explained Bashkiroff. 'We are on track to deliver these properties to investors by late 2006, early 2007.'

[Bahraini Spirit]

I saw an hour ago an ad for this on cnn, it was cool.

[Qatar4Ever]

hmmm... interesting, i never really believed in this project .. but it seems to be going well.

[Dubai-Lover]

Three islands on The Pearl-Qatar sold for hospitality development

Three islands on The Pearl-Qatar, the USD2.5 billion iconic destination being reclaimed off the coast of the Qatari capital, Doha, have been sold to a private VVIP Gulf investor for hospitality development.


Under the multi-million-dollar deal, the investor has bought: Marsa Arabia - an anchor island-within-an-island in the centre of Porto Arabia, the main marina of The Pearl-Qatar; Viva Centrale, the island playground of Viva Bahriya, the project's second largest bay, and Marsa Malaz island, which sits snugly in the centre of The Pearl-Qatar's smallest bay - Costa Malaz.

'The investor has stated that development will follow The Pearl-Qatar's masterplan and the hotels to be built will be in line with the initial overall concept,' said Nick Bashkiroff, Development Director, The Pearl-Qatar.

The original masterplan called for a 450-room, five-star hotel on Marsa Arabia. The property would sit in splendour on the island, the largest of three on the project, and would be a haven for some of the million business and leisure travellers expected in Qatar by 2010.

'The hotel will face an idyllic expanse of marine activity and a Riviera-style shoreline,' explained Bashkiroff. The Marsa Malaz property was conceptualised as an exclusive hotel and spa.

'The island's hotels will be destinations in their own right and will enhance The Pearl-Qatar's positioning as The Riviera Arabia - a place to experience a Mediterranean lifestyle in the heart of the Arabian Gulf,' he said.

Meanwhile, The Pearl-Qatar has launched the sale of around 500 townhomes fronting the 2.5 kilometre La Croisette boulevard which skirts the main Porto Arabia harbour.

The one, two, three and four-bedroomed town homes are the final freehold residential offerings on Porto Arabia, which will be the bustling heart of The Pearl-Qatar.

'These homes are individualistic in style with the one and two bedroom designs being single storey, the three-bedroomed homes being designed as duplexes and the four-bedroomed units being three storied. All will have magnificent views over La Croisette and directly onto the 400-berth Porto Arabia which is set to be an international super-yacht hub,' said Bashkiroff.

The town homes range in price from just over US $300,000 to US $1.3 million.

'We anticipate strong demand for these homes which offer investors opportunities at one of the most glamorous addresses in the Arabian Gulf.'

[Krazy]

Pearl Qatar to award Dh1.5b contract soon

Dubai :

Qatar-based United Development Co, the developer of the $2.5 billion (Dh9.2 billion) Pearl Qatar offshore real estate project, will soon award a Dh1.51 billion contract to build its infrastructure.

The project involves the building of a 985-acre man-made island, which will add more than 30 kilometres to Qatar's coastline.

Pearl Qatar will be able to accommodate 30,000 people in 10,000 residential units. The project is due for completion in 2009. It will be located 350 metres off Doha's West Bay Lagoon.

United Development Co is shortlisting pre-qualified bidders for the project. About 50 contractors have expressed interest in it.

Nick Bashkiroff, development director of Pearl Qatar, said: "We expect to award the contract by summer this year. Currently, reclamation works are being carried out, and 40 per cent of the works have been completed."

"We expect the reclamation work to end early next year, so that the infrastructure work can begin on time," he said.

Bashkiroff said Pearl Qatar was the only development in Qatar that is mandated to offer freehold properties to foreigners.

Investors will be eligible for permanent residence visas through title deeds, he said.

"This is also the only freehold development company in the Gulf where the government does not hold any stake," he said.

A private Gulf investor has purchased three islands in Pearl Qatar. The name of the investor has not been revealed.

Under the terms of the multi-million-dollar deal, the investor has bought Marsa Arabia an anchor island within an island in the centre of Porto Arabia, the main marina of Pearl Qatar; Viva Centrale, the island playground of Viva Bahriya, the project's second largest bay; and Marsa Malaz island, which sits in the centre of Pearl Qatar's smallest bay Costa Malaz.

According to the original master plan a 450-room five-star hotel will be built on Marsa Arabia.

Pearl Qatar has started selling about 500 town homes fronting the 2.5-kilometre La Croisette boulevard, which skirts the main Porto Arabia harbour.

The town homes will cost from just over $300,000 (Dh1.1 million) to $1.3 million (Dh4.8 million).

[Krazy]

Pearl Qatar sells three islands for hotel projects

5 May 2005

DUBAI — Pearl-Qatar, the $2.5 billion destination covering 985 acres of reclaimed land off the coast of the Qatari capital, Doha, have sold three islands to a domestic real estate investor for hospitality development.

The investor has bought, Marsa Arabia, an anchor island-within-an-island in the centre of Porto Arabia, the main marina of The Pearl-Qatar and Viva Centrale, the island playground of Viva Bahriya, the project's second largest bay, and Marsa Malaz island, which sits snugly in the centre of The Pearl-Qatar's smallest bay, Costa Malaz.

Nick Bashkiroff, Development Director, The Pearl-Qatar, told the Press: “The investor has stated that development will follow The Pearl Qatar's master plan and the hotels will be built in line with the initial overall concept."

He added: “The original masterplan called for a 450-room, five-star hotel on Marsa Arabia. The hotel will face an idyllic expanse of marine activity and a Riviera-style shoreline and would be an ideal place for some of the business and leisure travellers in Qatar by 2010."

To a question about the construction and reclamation work, Bashkiroff, said: "The 40 per cent reclamation work of island is completed and the piling work will commence next month. The construction of hotels and villas will start in 2006 and may be completed by 2008." Meanwhile, The Pearl-Qatar has launched the sale of around 500 town homes, in the price range of more than $300,000 to $1.3 million along the 2.5 kilometre La Croisette boulevard which skirts the main Porto Arabia harbour.

The one, two, three and four-bedroomed town homes are the final freehold residential offerings on Porto Arabia, which will be the bustling heart of The Pearl-Qatar.

[zx]

كشفت الشركة المتحدة للتنمية المطورة لمشروع اللؤلؤة - قطر، الجزيرة الاصطناعية الساحلية التي يتم استصلاحها بعيد شاطيء العاصمة القطرية الدوحة بتكلفة تبلغ 2.5 مليار دولار عن قيام احد الشخصيات الخليجية المهمة بشراء ثلاث جزر ضمن المشروع لتطوير فنادق فخمة.

وبموجب هذه الاتفاقية الضخمة والتي تبلغ قيمتها ملايين الدولارات قام المستثمر بشراء مرسي عربية، وهي جزيرة تتوسط بورتو عربية، المرسي الرئيسي لمشروع اللؤلؤة - قطر، بالاضافة الي جزيرة فيفا سنترال الكائنة بوسط فيفا بحرية، ثاني أكبر خليج ضمن المشروع، وجزيرة مرسي ملاذ التي تقع في وسط كوستا ملاذ، اصغر خليج ضمن مشروع اللؤلؤة - قطر.

وصرح السيد نيكولاس باشكيروف مدير تطوير مشروع اللؤلؤة - قطر: اكد المستثمر بأن تطوير وبناء الفنادق سيتوافق مع الخطة الرئيسية والأسس الموضوعة للمشروع.

وتضمنت الخطة الرئيسية لهذا المشروع التطويري اقامة فندق من خمس نجوم مؤلف من 450 غرفة فاخرة في مرسي عربية، الجزيرة التي تعد الأكبر ضمن الجزر الثلاث في المشروع. وفضلا عن ذلك سيكون هذا الفندق موقعا لاستقطاب المسافرين من السياح ورجال الاعمال، خاصة اذا ما اخذنا في الاعتبار ان دولة قطر تتطلع الي استقطاب مليون مسافر بحلول عام 2010.

واضاف باشكيروف قائلا: سيوفر الفندق واجهة تطل علي شاطيء بشكل الريفيرا يعج بالأنشطة البحرية. كما تم وضع تصور للفندق في جزيرة مرسي ملاذ ليكون فندقا ومنتجعا متميزا.

وأوضح باشكيروف: ستكون الفنادق المقامة في مشروع اللؤلؤة - قطر وجهات عالية التميز بحد ذاتها الامر الذي يعزز من مكانة اللؤلؤة - قطر بأنها ريفيرا عربية تمنح المقيمين فيها تجربة نمط الحياة العصرية لمنطقة البحر الابيض المتوسط في قلب الخليج العربي .

هذا، وقد تم اطلاق نحو 500 منزل للبيع تطل جميعها علي بوليفارد لاكروست الذي يمتد علي مسافة 2.5كلم، والذي يطوق بورتو عربية، المرسي الرئيسي لمشروع اللؤلؤة - قطر.

وتعتبر المنازل المؤلفة من غرفة الي اربع غرف نوم المجموعة الاخيرة من المنازل المطروحة للبيع في بورتو عربية.

وقال باشكيروف: تنفرد هذه المنازل من حيث تصاميمها حيث تتألف المنازل ذات الطابق الواحد من غرفة وغرفتي نوم، في حين صممت المنازل ذات الطابقين من ثلاث غرف نوم واربع غرف نوم للمنازل ذات الثلاثة طوابق. كما ستتميز جميع هذه المنازل بمناظر خلابة تطل علي لاكرواست وبشكل مباشر علي مرسي بورتو عربية الذي يستوعب 400 قارب وسيكون مركزا دوليا لليخوت .

وتبدأ اسعار المنازل المطروحة للتملك الحر بما يزيد عن 300 الف دولار امريكي حتي 1.3 مليون دولار امريكي، حيث اوضح باشكيروف: نتوقع ان تستقطب المنازل طلبا قويا لما توفره للمستثمرين من فرصة مثالية في وجهة مميزة في الخليج العربي .

[Krazy]

The Pearl-Qatar, villas on sale

The Pearl-Qatar is now selling villas on La Plage East with a choice of six Mediterranean style villas, or the option to build your own villa within a specified period. Plot sizes are generous and the entire project is according to a landscaped masterplan.

[Dubai-Lover]

Final La Plage Villa packages go up for sale on The Pearl-Qatar

The final tranche of the La Plage beachfront villas on The Pearl-Qatar, the USD2.5 billion island being reclaimed offshore the Qatari capital of Doha, have gone on sale following a highly successful take-up of the two previous releases - La Plage West and La Plage Centrale.


The final villa release - on La Plage East - consists of 105 individualistic properties which sit at the furthermost end of the Mediterranean-style island and come with fabulous sea and city views of Qatar's prestigious West Bay area.

'The attraction of La Plage East is that it is a rather secluded setting and yet in reality, just a short drive away from the island's main centre, the Porto Arabia, and from downtown Doha,' explained Nick Bashkiroff, Development Director, The Pearl-Qatar.

Demand for luxury beachfront properties on the rediscovered island has been high with the first 43 La Plage West villas selling out within a week of release and the 53 La Plage Centrale taking just days to be allocated.

All three La Plage districts hug a meandering coastline and all the luxury island getaways have sweeping sea views.

'The buyers have a mixed profile, from individual investors within Qatar and the GCC, to institutional buyers from the Sub-continent, Europe and the wider Middle East,' said Bashkiroff.

The Pearl-Qatar believes central to the success of villa sales was its tailor-made triple-option purchase plan allowing investors to buy a plot and build their dream homes, have the developer build to an approved design or buy a property direct from the developer.

The La Plage villas, which are due for completion in the first half of 2006, all have their own private swimming pool and exclusive beach frontage. They come in six Mediterranean design themes - Portofino, D'Este, San Marino, St. Tropez, Del Mar and Piaggi - and a range of styles from three to six bedrooms. The designs were created by global design and project management consultants KEO International.

'The Mediterranean theme of the villas was adopted to reflect the brand essence of The Pearl-Qatar, which as an iconic asset for the country, is positioned as The Riviera Arabia,' explained Bashkiroff.

'La Plage is a very prestigious address on an island which, in itself, offers the most glamorous location in the Arabian Gulf. The villas have been designed for investors who value spectacular locations and discreet style. They will feature the finest of materials to live up to the world-class delivery which is integral to The Pearl-Qatar offering.'

[Bahraini Spirit]

The Pearl-Qatar to have world's longest, purpose-built and singly-operated retail hub
The Pearl-Qatar, the US $2.5 billion island being reclaimed offshore the coast of the Qatari capital Doha, is to have the world's longest, purpose-built and singly-operated retail destination, a conference in Dubai heard today.




Speaking at the Waterfront Dubai 2005 convention, Nick Bashkiroff, Development Director of The Pearl-Qatar, unveiled the project's retail offering, designed to be a continuous experience.

'One million square feet of retail will surround Porto Arabia, the island's main marina, ensuring that this will become a destination-within-a-destination,' Bashkiroff told delegates.

'This will be an upscale retail, food and beverage and leisure destination which will span the perimeter of Porto Arabia, which will also be an international yachting hub with 400 berths.

'This singly-operated retail component is being holistically planned and is a paradigm shift in the development of regional destinations,' he said.

Delegates heard that retail precincts are being developed along La Croisette, the 2.5 kilometre promenade that skirts Porto Arabia to drive repeat visitation traffic.

'These precincts will keep people coming back because they will not be able to see everything in one go,' said Bashkiroff. 'There will be precincts with water-edge views, others with interior courtyards and they will be in a variety of concepts mixing Arabic tradition with European style and American retail efficiency.

'The Porto Arabia retail offering will burst with energy and provide the kind of relaxation that can only be found by the life-giving proximity of the water's edge.'

The Pearl-Qatar's retail offering is to be officially rolled out to the international and regional industry at a major trade presentation later this year.

'This will be an elite offering, in keeping with the Mediterranean ambience which will emanate from Porto Arabia,' said Bashkiroff.

Porto Arabia is the main iconic destination within The Pearl-Qatar. The marina is surrounded by 31 residential towers offering residents magnificent sea or harbour views.

[Bahraini Spirit]

Qatar Insurance Company (QIC), the country's leading insurer and the second oldest in the Gulf region, is set to build one of the 31 twenty-storey residential towers that surround Porto Arabia, the main marina of The Pearl-Qatar, the $2.5 billion island being reclaimed offshore the Qatari capital, Doha.

QIC has bought one plot in the fourth and final release of tower properties, and will develop the 150-apartment tower in accordance with guidelines set down by the island's developer and promoter, United Development Company (UDC).

The deal was signed at QIC's headquarters in West Bay,Doha, by Sheikh Hamad Bin Faisal Al Thani, member of the Board & QIC Investment Committee Member, and Khalil Al Sholy, managing director and member of the Board, UDC.

Khalifa A Al Subaey, general manager, QIC and Omar Alfardan, member of the Board, UDC, were also present at the signing that saw the first local insurance company buy property on Qatar's largest real estate development.

"The overwhelming sales response to date shows how The Pearl-Qatar has captured investors' imaginations and its unique positioning makes it an attractive investment opportunity for QIC," said Sheikh Hamad.

The Tuscan-style tower to be constructed by QIC is one of six architectural styles - Monaco, Tuscan, Provencal, Florentine, Catalan and Andalusian - conceived to reflect The Pearl-Qatar's Riviera Arabia positioning. It will have a distinct Northern Italian theme with broad balconies inviting stunning views over La Croisette, the lively 2.5 km long shopping and retail hub which surrounds Porto Arabia.

The tower will also feature a five-star lobby, state-of-the-art health club, swimming pool and four-floor parking facility.

"QIC's excellent credentials as one of the Gulf's largest insurers and a company committed to local and regional development makes it the ideal partner for The Pearl-Qatar," said Hussein Alfardan, chairman, UDC. "We will be working closely together to deliver the highest-quality facilities and services in keeping with the project's iconic status."

[Dubai-Lover]

the only thing which is a bit boring about this project is that all 31 towers look the same and are 20 storeys tall

i though the last bunch of 10 towers would be of another style than the first 21 towers, but unfortunately this didn't happen