A leading Qatari public shareholding company

Overview

United Development Company (UDC) is a leading Qatari public shareholding company with a mission to identify and invest in long-term projects contributing to the growth of the State of Qatar 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 18.4 billion as at 30 June 2020. 


From day one, the Company actively contributing in the development of the State of Qatar, rapidly evolving into a leading Qatari public shareholding company and has successfully established a group of various good performing investments.


Through a combination of project activities and commercial enterprise, UDC and its subsidiaries have accumulated a large amount of specific experience including detailed knowledge of real-estate development, property management, hospitality and maritime, infrastructure and utilities.


As part of its five-year business plan (2019 - 2023), UDC is leveraging its leading market position to achieve sustainable financial performance and maintain profitability targets by focusing on the core business activities and investing in new and viable real estate developments.


UDC’s flagship project is The Pearl-Qatar, an urban mixed-use, man-made island development. Located 350 meters offshore of Doha’s prestigious West Bay District, The Pearl-Qatar is one of the largest real-estate developments in the Gulf.


UDC is also in the process of developing Gewan Island located adjacent to The Pearl-Qatar Island, into the Company’s latest world class residential, commercial and entertainment project. This development has the potential of becoming a magnificent destination that will maintain UDC’s future growth.

Core Values

United Development Company (UDC) has been established on a set of strategic values to ensure sustainable growth.

IN ALL ITS BUSINESS ACTIVITIES, THE COMPANY IS COMMITTED TO:

Create sustainable competitive advantage within the market

Apply best practices to deliver the best quality results

Deploy innovative products and processes to maximize the benefits of the available technology

Uphold honesty and integrity in the business relationships, retaining the trust and respect between all parties

Transparency practice, applying governance principles and promoting an environmental profile that offers tangible benefits to the community

Provide an inspiring workplace for both Qatari nationals and expatriates

Vision and Mission

United Development Company (UDC) is to be the first choice listed company in Qatar through creating sustainable shareholder value.

UDC will commit to its growth strategy, and continue to be a benchmark in real-estate development and community management in the Middle East.

Quick Facts

The Pearl-Qatar is an iconic mixed-use urban development project owned and developed by United Development Company (UDC).
Established in 1999 and publicly listed in the Qatar Exchange in 2003, UDC is a leading Qatari public shareholding company.
UDC Wins Two New Accolades at the “Arabian Property Awards 2019-2020”. The awards are: “Best Mixed-Use Development Award” for The Pearl-Qatar and “Commercial High-Rise Development Award” for UDC Tower.

AREAS OF EXPERTISE

UDC’s general business advantages include the following:

  • UDC activities cover a multitude of vital investment sectors including real-estate development, property management, hospitality and maritime, infrastructure and utilities.

Brochures

23-July-2019

Al Mutahidah Towers

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23-July-2019

Gardinia Village

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16-July-2019

Viva Bahriya 29

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02-July-2019

Towhouses - Porto Arabia

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02-July-2019

Tower 4 - Porto Arabia

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30-June-2019

Tower 5 - Porto Arabia

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Board of Directors

Board Committees

Executive Committee Members

  • H.E. Mr. Turki bin Mohammed Al-Khater Chairman
  • Mr. Abdulrahman Abdullah Al-Abdulghani
  • Mr. Abdulaziz Mohammed Hamad Al Mana
  • Mr. Nasser Jaralla Saeed Jaralla Al Marri
  • Mr. Ali Hussain Al-Fardan
  • H.E. Mr. Mubarak Ali Mubarak Al-Nuaimi

Audit Committee Members

  • H.E. Sheikh Faisal bin Fahed Al Thani Chairman
  • Mr. Abdulrahman Saad Al-Shathri
  • H.E. Mr. Mubarak Ali Mubarak Al-Nuaimi

Governance Remuneration And Nominations Committee

  • Mr. Abdulrahman Saad Al-Shathri Chairman
  • Mr. Ali Hussain Ibrahim Alfardan
  • Mr. Nasser Jaralla Saeed Jaralla Al Marri

UNITED DEVELOPMENT COMPANY

info@udcqatar.com

Contact us for all your inquiries.