The massive Gewan Island project, situated right next to The Pearl-Qatar, announced

The United Development Company (UDC), developers of The Pearl Qatar, has just raised the bar as far as luxury properties in the country are concerned.

Qatar’s Prime Minister and Interior Minister HE Sheikh Abdullah bin Nasser bin Khalifa Al Thani launched the UDC’s brand new project — Gewan Island — at Cityscape Qatar 2018 yesterday.

The ceremony was also attended by HE the Minister of Energy and Industry Dr Mohamed bin Saleh Al Sada, HE the Minister of Transport and Communications Jassim Seif Ahmed Al Sulaiti, UDC chairman Turki bin Mohamed Al Khater and UDC president and CEO Ibrahim Jassim Al Othman, and others, reported Gulf Times.

The development of Gewan Island is part of UDC’s five-year strategy, which involves QR5.5bn worth of investments, of which approximately QR2.5bn is for Gewan Island.

Situated right next to The Pearl-Qatar, it spans 400,000sqm with a total built up area of 388,000sqm. The island project is expected to be completed by the end of 2021 and will accommodate 3,000 residents and 6,000 visitors, including working professionals for a total of 9,000 visitors per day. 

It will comprise of 611 units, including 558 apartments, 26 waterfront villas, 21 beachfront villas, and six island villas, in addition to 21,000sqm of retail space and a number of residential buildings.

The island will have 100,000sqm of road networks and 20,000sqm of open space, and will be accessible through three main roads.

The island, which derives its name from the full-round, pink-tinted and perfectly shaped pearl from Qatar’s marine heritage, will support a mix of property types, catering for different accommodation and investment needs.

The island is designed as an extension to The Pearl-Qatar, offering its residents a comprehensive living space by merging entertainment and retail outlets with smart technologies.

The island will include a theme park, an air-conditioned outdoor ‘Crystal’ boardwalk, which acts like the island’s spine, a green park, and a waterfront retail esplanade that will attract new brands to Doha. The island will also be home to entertainment facilities, a sports club, and a mosque.

The island’s design incorporates a number of sustainability features to reduce the use of vehicles and encourage walking and biking through dedicated pedestrian and cycling networks, in addition to roads connecting the island to the public transportation network.

The island is also designed to reduce urban heat by incorporating green roofs, shading, and reflective surfaces, where applicable.

UDC signs LoI with QNB

UDC signed a letter of intent (LoI) with Qatar National Bank to work on providing future financing required for the development of the Gewan Island project, reported The Peninsula.

Qatar Living official online media partner

Qatar Living is once again the event’s official online partner. Qatar Living, which boasts one of the largest properties classifieds in the country, will have a dedicated booth during the exhibition to showcase its products to local and international investors.

Here is our events page for Cityscape Qatar 2018.

Picture courtesy: Gulf Times