The Pearl, Qatar – Located 350 meters from Doha shoreline, this is an artificial island spanning nearly four million square metres. It is the first land in Qatar to be available for freehold ownership by foreign nationals.As of spring 2012, there are more than 5,000 residents in this island.Once fully completed, The Pearl will create over 32 kilometers of new coastline, for use as a residential estate with an expected 15,000 dwellings and 45,000 residents by 2015. The current cost estimation of the entire project is $15 billion