United Development Company is developing The Pearl-Qatar, a $14 billion luxury waterfront development on an artificial island near Doha, Qatar. The Pearl-Qatar will be a four-phase development consisting of 10 distinct districts housing over 41,000 residents in beachfront villas, luxury apartments, and townhouses. It will also include hotels, marinas, and schools aimed at creating a self-contained Mediterranean-style lifestyle for residents of many nationalities. The Pearl-Qatar has already seen strong sales and is intended to be a unique cultural and living experience that combines the heritage of Qatar with modern amenities.