Doha-Qatar: United Development Company (UDC), one of Qatar's leading public shareholding companies and the master developer of The Pearl-Qatar and Gewan islands, has launched the fourth and final phase of sales at Al Mutahidah Towers – Viva Bahriya 28, its luxurious project in the relaxed beachfront precinct of Viva Bahriya.
The development, which consists of high-end connected towers offering 480 accommodation units of various dimensions including studios, lofts, townhouses as well as high-level penthouses, features panoramic sea-views and direct access to the beach.
Comprising of 480 apartments, the project has attracted strong interest from visitors and investors as evidenced by the successful conclusion of the third sales phase in record time following the completion of the construction of Al Mutahidah Towers’ connecting bridge. The most complex structure of the project, the connecting bridge is a unique feature among towers at The Pearl-Qatar.
The final stage of sales will comprise prestigious studio to three-bedroom units on the top floors of the tower, with other properties having sold out off-plan since UDC laid the cornerstone for the construction of Al Mutahidah Towers back in February 2017.
Similar to previous rounds, the fourth stage of sales is expected to attract strong interest from investors, driven by the many incentives that UDC offers to property buyers.
These include a special financing plan devised by UDC for Al Mutahidah Towers sales, allowing investors flexible payment plans that extend beyond the units’ handover.
UDC, the master developer of The Pearl-Qatar and Gewan Islands, is a leading Qatari public shareholding company with a mission to identify and invest in long-term projects contributing to Qatar’s growth and providing good shareholder value.
Established in 1999, the Company was first listed on the Qatar Exchange in June 2003. It has an authorized share capital of QR 3.5 billion and total assets of QR 18.3 billion as at 31 December 2018.
UDC activities cover a multitude of vital investment sectors including real estate development, property management, infrastructure and utilities, maritime and hospitality related businesses.
© Press Release 2019