The United Development Company (UDC) has announced the launch for 10 tower plots in Floresta Gardens precinct at The Pearl-Qatar for sale. The launch of land plot sales in Floresta Gardens reflects the attractiveness of the distinctive project and confirms the sound strategies and future growth plans adopted by the UDC.
Land plots on sale in Floresta Gardens cover medium-rise residential towers, each consisting of 15 floors and approximately 125 to 140 residential units for each tower. Each land plot spans an area of 3,500 square-meters with built-up areas ranging between 37,000 square meters and 41,000 square meters per plot. All the 10 plots offer distinctive waterfront views that increase the attractiveness of the offering among potential investors and future residential unit clients.
Floresta Gardens, the Mediterranean-inspired precinct, offers a variety of community living options with beautiful waterfront and public realm views and access to a retail center and facilities. Once completed, Floresta Gardens will accommodate 5,000 residents within 10 mid-rise residential towers and 114 villas from three gated villa compounds. The United Development Company (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 Qatars 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 March, 2019. UDC activities cover a multitude of vital investment sectors including real estate development, property management, infrastructure and utilities, maritime and hospitality related businesses.
Source: Qatar News Agency
Cover image: UDC
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