Qatar’s Pearl Project Paves the Way

Qatar's Pearl Project Paves the WayThe Pearl, Qatar’s stunning offshore island complex currently under construction, is proving to be a regional leader on every conceivable level.

The Pearl is the first offshore development of its kind in Qatar for example; it is also the very first development offering freehold property ownership rights to local and international buyers - which is proving to be one of the most exciting issues surrounding the entire development.  The Pearl will also be the first luxury residential development in the region offering such a plethora of first class facilities from schools to shopping malls, from cinemas to healthcare facilities.

As the land reclamation work continues apace and fully on schedule and the first major piling work is done, the entire Pearl project is 100% on target for its 2009 completion date with the first of the 35,000 original phase property buyers expected to take possession of their homes in 2007. 

Those buying property in the Pearl have such an amazing choice of accommodation units from simple but luxurious apartments and penthouses to huge detached villas and townhouses for example, and every single buyer is granted a perpetual visa when their property is complete thus allowing them the right to visit or reside in their property at any time. 

On top of these rights is the right to own outright the freehold title to your property in the Pearl irrespective of your nationality or country of residence or domicile.  In this way the Pearl is a regional leader bar none.  Never before in Qatar has it been possible for overseas buyers to own any more than a 99 year freehold lease on a property and it took many years of discussion before the Pearl’s developers managed to persuade the Qatari authorities to change the law with respect to this unique development.

Those buying in the Pearl now are safe in the knowledge that their right to own freehold title has been forever preserved in Qatari law.

The Qatar based United Development Company who are responsible for realizing the vision of the Pearl have stated that their aim is to create “a long-term high class real estate development” and that their work will not cease when the final home is finished.  They will remain and maintain the quality of the Pearl from an administrative, up keep and infrastructure perspective ensuring their vision for the creation of an upscale multicultural community continues.

Residents of the Pearl will have access to every area of the development and direct links to the mainland with the interlinked water taxi network being established to help commuters, shoppers and visitors to avoid congestion and commuter stress.  They will also benefit from the Pearl’s shopping malls, entertainment facilities, schools, doctors, leisure facilities and beautifully landscaped communal areas.

In every detail of the development of this unique island concept there has been no expense spared and no issue overlooked - as a direct result the Pearl is proving to be a regional and world leader in construction innovation and in the rights afforded to foreign owners of property around the world.

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