United Development Company (UDC), a leading Qatari shareholding company and master developer of The Pearl-Qatar, has 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.

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.

It also boasts of neighbouring landmarks such as the five-star Marsa Malaz Kempinski, top outdoor sports and leisure facilities and the shopping havens of Porto Arabia and Medina Centrale.

The sale, open from November 1 to 21, is for the villa plots in the range of 520 to 1,570 sq m that are all ideally situated in one of the most secluded and unassuming neighbourhoods 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, said a statement from UDC.

The Qatari developer said early buyers would get a 15 per cent discount on the original set price of the plot during the first week, while for the second and third weeks, the discount will be 10 and five per cent respectively.

Once the sales period ends on November 21, the buyers will have to pay the original price of the plot, it stated.   

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, said the statement from UDC.

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 realise this opportunity may not be obtainable again in the foreseeable future, said the developer.

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, said the Qatari developer in its statement.

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, it added.-TradeArabia News Service