United Development Company (UDC)
Incorporated: 1999
Ownership: Qatari Public Shareholding Company
Sector: Urban Development and Investments
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. It has an authorized share capital of QR 3.5 billion and total assets of QR 18.6 billion on 31 December 2025.
From day one, the Company actively contributed to the development of the State of Qatar, rapidly evolving into a leading Qatari Public Shareholding Company and successfully establishing 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 experience and detailed knowledge in real estate development, property management, hospitality and maritime, district cooling, and infrastructure and utilities.
As part of its five-year business plan, 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 Island, an urban mixed-use, man-made island and one of the largest real estate developments in the Gulf.
UDC has recently completed the development of Gewan Island, located adjacent to The Pearl Island, transforming it into the Company’s latest world-class residential, commercial, and entertainment project. This development holds the potential to become a magnificent destination that will contribute to UDC’s future growth.
Core Values
At the heart of UDC’s success is our commitment to a strong organizational culture, built on five core values:
People
We empower employees, delight customers,
enrich communities and create value for investors through trust, engagement, and exceptional experiences.
Integrity
We uphold transparency, accountability, and fairness, building trust in all our relationships.
Progression
We embrace innovation, agility, and bold thinking, adapting swiftly to change, seizing opportunities, and shaping the future.
Excellence
We set the highest standards, driving performance and delivering world-class luxury, quality, and service in everything we do.
Stewardship
We take responsibility for our decisions and resources, acting in the best interest of our company, community, and future.