(MENAFN) Qatari Diar Real Estate Investment Company announced it commenced working on a new seaside residential project in Istanbul, Turkey, The Sea Pearl Atak"y, The Peninsula Qatar reported.
The newest Qatari Diar project in Atak"y is set to overlook the Sea of Marmara and be situated in one of the most sought after residential zones in Turkey.
The development is expected to be comprised of 1.474 luxurious apartment units and a deluxe five-star hotel with high-end boutiques featuring global brands and lavish restaurants.
"We are proud of our newest project, and its ability to reinforce the growing ties between the State of Qatar and Turkey. Istanbul is a unique metropolis brimming with deep-rooted history and long-standing culture. This project is the perfect opportunity to showcase this beauty," Executive Director of Development at Diar Real Estate Company said.
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