Pearl-Qatar sells three islands

Published May 5th, 2005 - 06:01 GMT
Al Bawaba
Al Bawaba

Pearl-Qatar, the $2.5 billion destination covering 985 acres of reclaimed land off the coast of the Qatari capital, Doha, has sold three islands to a local real estate investor for hospitality development.


The investor has bought, Marsa Arabia, an anchor island-within-an-island in the centre of Porto Arabia, the main marina of The Pearl-Qatar and  Viva Centrale, the island playground of Viva Bahriya, the project's second largest bay, and Marsa Malaz island, which sits in the centre of The Pearl-Qatar's smallest bay,  Costa Malaz.