Doha, Qatar, October 11, 2015

United Development Company (UDC), a leading Qatari shareholding company and master developer of The Pearl-Qatar, today announced plans to sell 56 villa plots for residential development in Giardino Villas, one of the most prestigious and upcoming villa precincts on the Island.

Open for a period of three weeks from November 1 to 21, Villa plots range in size from 520 to 1,570 square meters and are all ideally situated in one of the most secluded and unassuming neighborhoods of The Pearl-Qatar. Within a short walking or driving distance from Viva Bahriya, Medina Centrale, Porto Arabia and Qanat Quartier, these new villa plots are conveniently located to allow for easy access to the retail and entertainment outlets in these districts.

Early buyers can benefit from an incentive plan designed to reward investors coming forward in week one by offering them a 15 percent discount on the original set price of a given plot, while the discount for second and third week buyers will be 10 and 5 percent respectively.  Following the end of sales period on November 21, buyers will pay the full set price of the plot as originally announced.  

The sale follows the successful auction of select sea-view townhouses in Qanat Quartier, which shows demand for properties at The Pearl-Qatar is on the rise. Investing at The Pearl-Qatar has historically netted good financial returns, and with the limited availability of real estate plots still available on the Island, potential investors realize this opportunity may not be obtainable again in the foreseeable future.

While investors are expected to adhere to the requirements of the Giardino Villas Village's master plan, they are allowed to develop villas that meet their own personal need. Upon signing the purchase agreement, each investor will receive clear design guidelines and is expected to follow them to ensure that Giardino Villas Village is designed in line with the Village's minimum aesthetic expectations.

Carefully positioned amidst lush, landscaped parkland and picturesque lakes, The Pearl-Qatar's Giardino Villas Village promises to be a highly prized residential district of spacious villas nestled in beautifully arranged gardens shaded by trees, while also neighboring key landmarks such as the five-star Marsa Malaz Kempinski, top class outdoor sports and leisure facilities and the shopping havens of Porto Arabia and Medina Centrale.

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About The Pearl-Qatar
The Pearl-Qatar occupies a prime location off the coast of Doha's West Bay and boasts an assortment of residential accommodations for every taste and style. High-end retail and lavish hospitality, three world-class marinas and an impressive beachfront have made UDC's flagship development the most glamorous address in the Middle East.

The Island was the first development in Qatar to offer freehold and residential rights to international clients. World-class architecture, luxurious amenities and aesthetic nuances exude old-world charm and the best in modern living. The result is as much a destination as it is an experience, blending residential charm with the comfort of an exclusive resort.

The Pearl-Qatar's Porto Arabia precinct is the gateway to the Island and houses the world's longest waterfront luxury retail walkway, the 3.5 kilometer marina-front pedestrian boardwalk "La Croisette", which is home to international hospitality brands, luxury boutiques and other retail outlets.

The Pearl-Qatar continues to witness the grand openings of a multitude of internationally renowned outlets. These included brand names in fashion, hospitality, fine and casual dining, recreational and entertainment facilities.

Development of The Pearl-Qatar's remaining precincts is well underway, with the communities of Porto Arabia, Qanat Quartier and Medina Centrale fully developed and largely occupied.

© Press Release 2015