United Development Company

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 listed on the Qatar Exchange in June 2003.

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 specific experience including detailed knowledge of real-estate development, property management, hospitality and maritime, infrastructure and utilities.

UDC’s flagship project is The Pearl-Qatar, which is an urban mixed-use, man-made island development, is one of the largest real-estate developments in the Gulf.

The integrated and sustainable Island, which won the 2020 “Mixed-Use Development” award at the prestigious Arabian Property Awards, incorporates a variety of distinct features including apartments, villas, townhouses, penthouses, diverse entertainment facilities and retail offerings, in addition to beautiful serene beaches and the award-winning Porto Arabia marina which is also the Middle East’s largest marina.

More than 350 upscale brands are currently operational on the Island and include popular fashion and lifestyle brands, coffeeshops and restaurants occupying more than 115,000 sqm of retail spaces. The Island will comprise an expected number of 25,000 dwellings and 50,000 residents by 2022.

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. Gewan Island will span an area of 400,000 sqm and accommodate 3,500 residents and a similar number of visitors daily.

The new Island will be home to 657 residential units, including 586 apartments, 21 beachfront villas with private beach, 26 waterfront villas that are equipped with private pontoons for private boats, six independent island mansions, 11,000 sqm of retail spaces and 15 multi-use buildings. It will also feature the five-star ‘Corinthia Gewan Island Qatar’ hotel with its connected golf course and beach club, an air conditioned outdoor ‘Crystal Walkway’ and seaside ‘Promenade’, parks and green areas in addition to various entertainment facilities, a clubhouse and a mosque.