The Pearl-Qatar’s iconic tower Al Mutahida in Viva Bahriya is expected to be launched before the end of this year, United Development Company’s (UDC) marketing and communications director Hussain Akbar al-Baker has said.
UDC, a leading Qatari shareholding company and master developer of The Pearl-Qatar, is showcasing the latest developments of its projects and properties, including Al Mutahida, at the three-day Cityscape Qatar 2016, which opened yesterday at the Doha Exhibition and
Convention Centre.
“This signature tower will be at a very luxury level, different from the other towers at The Pearl-Qatar,” said al-Baker, speaking on the sidelines of the annual event.
“It will be in the market once everything is finalised,” he noted. “Now we are just taking information of potential clients, closer to the date we will call them for finalising the deal.”
UDC will also offer “great payment plans” to make it easier and more convenient for potential buyers, according to al-Baker.
He said Viva Bahriya features a calm and quiet environment with its Moroccan-inspired architecture. The colours of the buildings are different from the rest.
Unlike Porto Arabia, the place has no retail outlets but it is more of townhouses and close to the beach.
Medina Centrale, another UDC project and known as the Town Centre of The Pearl-Qatar, has just started leasing the apartments, al-Baker said. In terms of retail, it is almost 95% full.
The property features 538 Mediterranean-style mid-rise apartments, as well as retail covering an area of 700,000sq m. It will also offer an indoor shopping complex called Souq Al Medina.
“Souq Al Medina is in the market for getting potential retailers, we have already leased a portion of it. We plan to open a mixed variety of retail,” he added.
UDC will also launch newly built Abraj Quartier towers hopefully in June or July. This development consists of two 42-storey towers, each housing a panoramic floor of breath-taking views.
Al-Baker said Abraj Quartier is the only commercial space to lease and the highest tower at The Pearl-Qatar, offering one of the best views in the country.
About UDC’s participation at Cityscape Qatar, he noted that “quite a significant number of apartments have already been sold in just a few hours
after they opened the stand.
“Hopefully this continues, we still have another two days, plus we are giving a very good offer that will not be given at a normal day,” he said.
Saying it is quite a tough time for the whole economy this year, al-Baker stressed that they have not been affected much by the current situation.
“As far as UDC is concerned, we do not see this struggle coming because we are very unique and we are one of the iconic destinations and iconic island all across the world, not only in Qatar,” he added.