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UDC

Qatar UDC net profit down 13.7pc in Q3

United Development Company (UDC), a leading property developer in Qatar, has registered a net profit of QR416 million ($113 million) on revenues of QR1.5 billion for the first nine months down 13.7 per cent compared to QR482 million ($131 millio

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UDC launches new luxury island project in Doha

Qatar-based United Development Company (UDC) has launched its new 400,000-sq-m luxury project, Gewan Island, featuring residential units, entertainment facilities, retail outlets, restaurants and cafes within a vibrant, modern and integrated com

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UDC plans new island at Pearl-Qatar

United Development Company (UDC), the master developer of The Pearl-Qatar, will develop a new 300,000-sq-m island project as an extension of The Pearl-Qatar.   The new island will be part of UDC’s QR5-5 bil

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UDC completes work on Doha residential property

Qatar-based United Development Company (UDC) has completed the construction works for the first phase of Al Mutahidah Towers, a prime residential property at its master development, The Pearl Qatar (TPQ), in Doha, said a report. A

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Qatar UDC revenue surges 32pc in H1

United Development Company (UDC), a leading Qatar-based developer, said it has achieved a 32 per cent growth in its revenues for the first half of 2017 compared to the same period last year despite economic challenges. The master

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Qatari developer UDC posts $187m net profit

United Development Company (UDC), a leading Qatari shareholding company and master developer of The Pearl-Qatar, has reported a net profit of QR681 million ($187 million) for 2016. Announcing the 2016 results, UDC said the net pro

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UDC breaks ground on Qatar residential project

United Development Company (UDC), the master developer of The Pearl-Qatar, recently laid the foundation stone for the construction of its latest residential development ‘Al Mutahidah Towers’, located in the Viva Bahriya district at T

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UDC inks $200m Qatar project finance agreement

Qatar-based United Development Company (UDC) and The Commercial Bank have signed a QR730-million ($200 million) financing agreement to fund the construction of Al-Mutahidah Towers, an ambitious development within the company’s flagship pro

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UDC inks $200m Qatar project finance agreement

Qatar-based United Development Company (UDC) and The Commercial Bank have signed a QR730-million ($200 million) financing agreement to fund the construction of Al-Mutahidah Towers, an ambitious development within the company’s flagship pro

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Qatar UDC sells key commercial tower for $342m

United Development Company (UDC), the master developer of The Pearl-Qatar, has finalised the sale of The Pearl Tower 2, one of two iconic commercial towers situated at the entrance of The Pearl within the Abraj Quartier precinct, to a strategic

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