Private yachts bob in the marina by the reclaimed bay. In the piazza, luxury stores for brands such as Just Cavalli, Salvatore Ferragamo, Elie Saab and Stefano Ricci are ringing up the till. International restaurants and cafes have sprung up, among them Japanese specialty Midori and Gordon Ramsay’s Maze. The Pearl is Qatar’s only freehold residential development with apartments overlooking the Gulf, but these are so expensive that they aren’t considered a shrewd investment. Yet, foreigners — including Indians — who want a slice of Qatari real estate are lapping these apartments up. That it comes with a lifestyle that combines Dubai’s Palm Al-Jumeirah and Europe’s Venice is intentional.