Artificial Intelligence
Builders Company
U
UDCDoha, Qatar · founded 2 February 1999 · 1 active markets
PUBLIC LISTED

UDC develops and manages mixed-use waterfront destinations in Qatar, combining homes, retail, hospitality, entertainment, infrastructure, and community facilities for residents, visitors, investors, and commercial occupiers across The Pearl and Gewan Islands, while directly operating related utilities, maritime, and property-management businesses.

Years in business
27
founded 2 February 1999
LinkedIn headcount
819
employees, as shown on LinkedIn · as shown on the LinkedIn company page retrieved for this research · size band 501–1,000
Projects last researched October 9, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
United Development Company Q.P.S.C.1
Headquarters
P.O. Box 72561, Doha1, Qatar
Founded
2 February 19991
Entity type
PUBLIC LISTED1
Business model
mixed use3, masterplan3, commercial3
Markets
1 market listed
What they build
Other (5 of 9) · Retail (3 of 9) · Residential, for sale (2 of 9)
Full dossier in About →

Delivery record

6 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+6.5 mo
the middle of 6 scored projects
Average delay
+8.4 mo
the same projects, pulled by the worst
Average time to deliver
3.0 yrs
start to completion, over 6 delivered projects
Worst slip
+24.0 mo
Crystal Walkway · +13.0 to +35.0
3
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
2
red rows below

Against other developers

6 date-assessed here · 9 developers, 23 date-assessed projects in Qatar
Median delay
UDC·9 developers in Qatar
+6.5 mo vs +20.0 mo
this developer 13.5 mo better
The typical project on each side.
Average delay
UDC·9 developers in Qatar
+8.4 mo vs +25.6 mo
this developer 17.2 mo better
Both pulled by their worst few.
On time
UDC·9 developers in Qatar
50% vs 30%
this developer 20 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
UDC·9 developers in Qatar
3.0 yrs vs 5.2 yrs
this developer 2.2 yrs faster
Start to completion, over 6 delivered here and 19 in the market.
Projects and timelines in Track Record →

Resident experience

8 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.3/ 10
Weighted judgment across build and operations · from 8 of 8 rated buildings
Structure & systems
7.5/ 10
Fabric, services, waterproofing, envelope · from 3 of 8 rated buildings
Management & living
8.0/ 10
Upkeep, response times, amenities, community · from 8 of 8 rated buildings

Against other developers

8 rated here · 9 developers, 39 rated buildings in Qatar
Overall rating
UDC · 9 other developers in Qatar
8.3 vs 8.3
this developer is level
The weighted verdict on each side. From 8 of 8 rated buildings here and 39 in the market.
Structure & systems
UDC · 9 other developers in Qatar
7.5 vs —
Too few buildings with this score in Qatar to compare (10)
Fabric and engineering only — fixed at handover. From 3 of 8 rated buildings here and 10 in the market.
Management & living
UDC · 9 other developers in Qatar
8.0 vs 7.9
this developer 0.1 better
Upkeep and response — belongs to whoever runs the building now. From 8 of 8 rated buildings here and 38 in the market.
The market here is Qatar: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • LEGAL Provision recognised for the year ended 31 December 2025; 2025 statements approved and dated 8 February 2026; dispute status described as of 24 July 2024. UDC’s audited 2025 consolidated financial statements recorded a QR295 million provision for litigation; the same matter was described in the company’s 2024 interim statements as a dispute with a developer in which both sides sought compensation, with the developer’s claim for incurred costs having been decided in its favour and appealed by UDC. The statements said UDC’s lawyers considered the provision adequate and that no material additional liability was expected, so the ultimate outcome was not presented as final.
  • FINANCIAL DISTRESS Year ended 31 December 2024; statements dated 9 February 2025. UDC’s audited 2024 financial statements reported an impairment charge of QR158.201 million on property, plant and equipment; this is an accounting write-down, not evidence by itself of insolvency, default or inability to pay.
  • DELIVERY DELAY 2020-07-18 original 2022 target; 2024-10-28 handovers scheduled from November 2024 Gewan Island’s Crystal Residence, developed by United Development Company (UDC), was originally reported for completion in 2022; UDC later scheduled handovers from November 2024 and reported the mixed-use buildings’ completion, documenting a delayed but subsequently progressing delivery rather than an active failure.
  • 1 more in Risk & Sources
Record status
active
Company sources
108 source entries across 106 fields
Projects tracked
10 · 9 completed in assessment
All flags and sources →

Track Record

Delivery record

6 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+6.5 mo
the middle of 6 scored projects
Average delay
+8.4 mo
the same projects, pulled by the worst
Average time to deliver
3.0 yrs
start to completion, over 6 delivered projects
Worst slip
+24.0 mo
Crystal Walkway · +13.0 to +35.0
3
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
2
red rows below

Against other developers

6 date-assessed here · 9 developers, 23 date-assessed projects in Qatar
Median delay
UDC·9 developers in Qatar
+6.5 mo vs +20.0 mo
this developer 13.5 mo better
The typical project on each side.
Average delay
UDC·9 developers in Qatar
+8.4 mo vs +25.6 mo
this developer 17.2 mo better
Both pulled by their worst few.
On time
UDC·9 developers in Qatar
50% vs 30%
this developer 20 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
UDC·9 developers in Qatar
3.0 yrs vs 5.2 yrs
this developer 2.2 yrs faster
Start to completion, over 6 delivered here and 19 in the market.
The market here is Qatar: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

9 of 9 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Doha, Qatar
201920202021202220232024202520262027todayDOHA, QATAR+1 moverifiedcompleted, no target published+24 moverified+20 moverifiedon timeverifieddates under reviewcompleted, no target published+12 moverified−6.5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 2 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

8 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.3/ 10
Weighted judgment across build and operations · from 8 of 8 rated buildings
Structure & systems
7.5/ 10
Fabric, services, waterproofing, envelope · from 3 of 8 rated buildings
Management & living
8.0/ 10
Upkeep, response times, amenities, community · from 8 of 8 rated buildings

Against other developers

8 rated here · 9 developers, 39 rated buildings in Qatar
Overall rating
UDC · 9 other developers in Qatar
8.3 vs 8.3
this developer is level
The weighted verdict on each side. From 8 of 8 rated buildings here and 39 in the market.
Structure & systems
UDC · 9 other developers in Qatar
7.5 vs —
Too few buildings with this score in Qatar to compare (10)
Fabric and engineering only — fixed at handover. From 3 of 8 rated buildings here and 10 in the market.
Management & living
UDC · 9 other developers in Qatar
8.0 vs 7.9
this developer 0.1 better
Upkeep and response — belongs to whoever runs the building now. From 8 of 8 rated buildings here and 38 in the market.
The market here is Qatar: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

8 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Hamad Bin Jassim Bin Jaber Al Thani MosqueThe Pearl Island, Doha2,500 units
9.6/ 10
9.5/ 10
9.6/ 10

The largest review base is the building-level 4.8/5 aggregate from 647 reviews, which converts to 9.4/10 under the specified curve. The sampled written feedback is strongly positive on physical design and everyday worship conditions, supporting a modest praise adjustment to 9.6; no material second-platform disagreement was found.

+ Striking New Baroque design+ Hand-painted decorative work+ Spacious prayer halls+ Accessible lifts and escalators+ Basement parking and ablution facilities
Not found in sources: No recurring structural complaint found · No recurring leak report found · No recurring HVAC complaint found · No recurring plumbing complaint found · No recurring lift failure found
+ Peaceful atmosphere+ Very clean facilities+ Well-maintained premises+ Spacious worship areas+ Welcoming caretakers
− Occasional reported closure− Traffic congestion nearby
Not found in sources: Limited evidence on management response times · Limited evidence on security operations · Limited evidence on community operations

Published reviews repeatedly praise the physical asset: one calls it "an architectural masterpiece," while another describes the prayer hall as "spacious, immaculate, and thoughtfully designed." The developer's 24 December 2023 inauguration account documents the 47.30-metre dome, 63.77-metre minaret, lifts, escalators, 262 basement parking spaces and accessible ablution facilities; no recurring structural or systems defect was published in the material reviewed.

The review evidence describes a calm, clean and welcoming daily experience: a reviewer wrote "peaceful atmosphere, very clean, and beautifully maintained," and another praised the "calm and serene atmosphere" and high-standard caretaking. The main adverse observations were a single report of a Friday-prayer closure and a comment that traffic "can get a bit bad"; these are not recurring themes in the sampled material.

Crystal WalkwayGewan Island, Doha
9.4/ 10
—/ 10
9.4/ 10

The largest published review base is Google Reviews/Maps at 4.8/5 from 2,667 reviews, which converts to 9.4/10 under the stated curve. Tripadvisor reports the same 4.8/5 result on 20 reviews, while the written commentary is strongly positive; the limited criticisms concern cooling consistency and parking, not structural failure or management breakdown. The evidence is visitor-oriented rather than resident-oriented, so the score should be read as an amenity and daily-use signal, not a complete residential-year assessment.

+ distinctive crystal design+ night lighting+ climate-controlled comfort+ clean and safe+ cafés and restaurants
− uneven cooling− overly cold zones− peak-time parking− some stores still opening− visitor rather than resident evidence

no notes returned

no links returned

Visitors consistently describe the promenade as clean, safe, family-friendly and visually striking, with comments such as “the atmosphere is just stunning” and “Lovely little cafes / coffee shops.” Climate control is the main operational caveat: one reviewer found it “really still hot in the morning,” while another said it “could get a bit chilly”; a separate local guide also notes limited peak-hour parking and stores still opening.

Corinthia Yacht ClubPorto Arabia, Doha
9.1/ 10
—/ 10
7.4/ 10
OpenTable 4.6/5, 4.7/5, 4.7/5, 4.3/5 · 6 reviews · opentable.com
Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.4.

The Google Reviews/Maps aggregate is the largest published review base at 4.7/5 from 86 reviews, setting a 9.1/10 converted anchor. OpenTable is directionally consistent but has only six reviews; the written feedback is predominantly positive, with isolated complaints that do not qualify as a recurring theme under the stated rules.

+ Warm staff+ Professional service+ Strong atmosphere+ Marina views+ Good food and afternoon tea
− Elevator outage− Security assistance complaint− Food-quality decline report− Value concerns− Moderate noise

no notes returned

no links returned

Published visitor reviews describe a generally polished leisure experience: one reviewer called the atmosphere “simply breathtaking,” while another praised “professional and nice” staff and another described the service as “10/10.” The evidence also includes a serious single report that the elevator was not working and security refused assistance, plus an OpenTable reviewer who said food quality had become “normal and less than normal”; OpenTable separately labels noise “Moderate.”

The Pearl International HospitalMedina Centrale, Doha44 units
9.1/ 10
—/ 10
9.1/ 10

The largest published aggregate is Google’s 4.7/5 from 176 reviews, which sets the level and converts to 9.1/10 under the specified curve. The written sample is mostly positive, but its one punctuality complaint is not recurring and therefore does not trigger a commentary deduction; no structural score is assigned because no published review evidence about the building’s physical systems was found.

+ Compassionate clinicians+ Attentive nursing+ Clear communication+ Clean facility+ Well-organized care
− Physiotherapy lateness− Appointment waiting− Professionalism concern− Limited operational criticism
Not found in sources: No recurring management complaint

no notes returned

no links returned

The displayed patient feedback is strongly positive about day-to-day care: one reviewer called the hospital “very well organized and clean,” while another said the nursing team cared for her “around the clock.” The principal operational criticism was a physiotherapy experience in which the therapist was late on two occasions and the reviewer ultimately left after a prolonged wait; this is a single reported complaint, not a recurring theme in the material read.

Crystal ResidenceGewan Island, Doha586 units
7.9/ 10
—/ 10
7.5/ 10

The only building-specific published aggregate located is Google Reviews/Maps at 5/5 from 3 reviews, and no platform has 10 or more reviews. Under the rule for a largest-but-under-10 review base, the guest rating is kept within one point of 6.5; the resulting overall and living score is therefore 7.5, with structure left unevidenced as a resident-scored dimension.

+ GSAS 3-star design-and-build certification+ 30% improvement over ASHRAE standards+ Thermal insulation+ Low-flow water fixtures+ Underground parking
+ Great view+ Great service+ Friendly receptionists+ Helpful room service+ Beautifully crafted rooms

No resident or guest review read for this building reported a structural defect, leak, lift failure, HVAC failure or plumbing problem. The only physical-condition evidence located was published certification material: GORD reported GSAS 3-star design-and-build certification and specified energy efficiency, thermal insulation, ventilation efficiency, low-flow fixtures and underground parking; this is certification evidence, not a resident-maintenance rating.

The available guest feedback is strongly positive but very limited. One review says, “Great view Great service Beautifully crafted rooms,” praises helpful room-service staff and “fantastic and friendly” receptionists, and concludes “10/10 minus nothing”; the second readable review says, “Epic,extrangant.” These are short-stay comments and should not be treated as evidence of a resident’s year-round management experience.

Giardino GardensGiardino Village, Doha80 units
7.7/ 10
—/ 10
6.5/ 10

Google Reviews/Maps is the only building-specific published rating located: 5.0/5 from 2 reviews, which converts to 10.0 under the stated curve. Because the rating has fewer than 10 reviews, the score is kept within a point of 6.5; no structure score is assigned because no physical-condition review evidence was published.

+ clubhouse+ gym and pool+ padel tennis court+ squash court+ landscaped setting
− two-review sample
Not found in sources: no written feedback · no management comments · no maintenance comments · no security comments

no notes returned

no links returned

The only published review evidence located is an aggregate 5.0/5 from 2 reviews, with no individual operational comments exposed. The developer describes a clubhouse, gym and pool, padel and squash courts, and a landscaped community, but those are facilities descriptions rather than resident review evidence.

Floresta Garden villa compoundsFloresta Gardens, Doha115 units
7.1/ 10
6.8/ 10
7.1/ 10

Burj Al Ola Floresta Gardens 101 supplies the largest published review base, 14 reviews, at 4.1/5, converted to 7.4/10. The lower ratings and recurring complaints about deposits, management restrictions, unfinished areas and soundproofing pull the result down, while repeated praise for design, views and facilities limits the adjustment. The result is provisional because the published evidence is tower-specific rather than a single aggregate for all 115 villas and the wider compound.

+ Well-maintained building+ Thoughtful design and finish+ Quality furnishings+ Good apartment layouts+ Enjoyable pool and gym facilities
− Unfinished units− Unfinished lobby and public areas− Slow issue resolution− Poor soundproofing− Elevator access limited during reported works
+ Professional staff reported+ Top-notch facilities+ Great amenities+ Strong location+ Spectacular views
− Deposit-deduction complaints− Restrictive guest rules− Constant monitoring complaint− Unwelcoming common-area lighting− Slow management response

The reviews contain both positive and negative physical-condition evidence. One reviewer described the building as “nice and well maintained” and another said it was “beautifully and thoughtfully designed and finished,” while a 110 Floresta Gardens review reported “unfinished” units, unfinished public areas, slow resolution, “zero soundproofing,” and reliance on one back-of-house elevator during the reported period.

Daily-life feedback is mixed by tower. Positive reviews call the facilities “top-notch,” describe staff service as “genuinely heartfelt and professional,” and praise the location and views; negative reviews report that management “completely ruins the experience,” that the building feels like “a fancy prison,” and that move-out deductions were unjustified. The evidence is tower-specific and includes resident-style reviews, so it should not be treated as a single uniform experience across all villa compounds and towers.

Corinthia Golf ClubGewan Island, Doha
6.9/ 10
6.1/ 10
Leading Courses 7.5/10 · 2 reviews · leadingcourses.com
Leading Courses publishes 7.5/10 from 2 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 6.1.
7.0/ 10
Leading Courses 9/10, 9/10 · 2 reviews · leadingcourses.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.

Tripadvisor is the largest published review base found, with 3.8/5 from 5 guest reviews; applying the stated conversion curve gives an anchor of about 6.4/10. The score is nudged upward by repeated praise for maintenance, staff and enjoyment, while structure is reported separately from Leading Courses’ 7.5/10 maintenance sub-score; no resident-specific platform rating was found.

+ Well-maintained course+ Fast greens+ Clean temporary facilities+ Natural lakes and landscaping+ Daily maintenance program
− Temporary buildings− Construction-site setting− Noise during construction− Short par-3 layout− Main facility status unclear
+ Kind staff+ Polite welcoming service+ Organized events+ Affordable membership+ Pleasant views and ambience
− Construction noise− Unwelcoming experience reported− Short playing format− Coffee-service restriction reported− One double-charge complaint

Reviewers repeatedly praised the physical playing condition: “very well maintained,” “excellent course condition with very fast greens,” and Tripadvisor’s published summary reports a 3.8/5 overall attraction rating. The 2022 inauguration report said players were being hosted in a temporary building until completion of the main facility inside the Corinthia Hotel; the latest reviewed material does not establish when that transition occurred, so the current physical-facility position remains uncertain.

The daily experience is generally described positively: reviewers call the staff “wonderful and so kind,” “polite” and “welcoming,” while another said an event was “exceptionally well organized and truly enjoyable.” The main operational criticism was a March 2025 report that the site was “Noisy” and “Unwelcoming,” with a complaint about being charged twice; these are guest reviews and do not establish a resident’s year-round experience.

Only buildings that have reached handover are rated. 1 of 9 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
United Development Company Q.P.S.C.
Headquarters
P.O. Box 7256, Doha, Qatar
Founded
2 February 1999
Doha, Qatar
Entity type
PUBLIC LISTED
Revenue
QAR 1.93 billion
year ended 31 December 2025
Business model
mixed use, masterplan, commercial

Partners

4 partners
Corinthia Hotels
operator

UDC's subsidiary signed technical-services and management-and-operation agreements with Corinthia for the Gewan Island hotel, connected golf course and beach club, and The Pearl-Qatar Yacht Club.

BESIX
joint venture

United Readymix was established as a collaborative effort between UDC, BESIX of Belgium and Qatari investors to produce and supply ready-mix concrete.

Qatar District Cooling Company (Qatar Cool)
joint venture

UDC holds an interest in Qatar Cool, which constructs, owns and operates district-cooling systems serving UDC developments and other Qatar districts.

Qatari investors
joint venture

Qatari investors participate with UDC and BESIX in United Readymix, the ready-mix-concrete venture.

Sources: name

COMPANY2020-10-08

UDC through its subsidiary ... Corinthia Hotels ...

UDC
signed technical services and management and operation agreements with Corinthia Hotels
value seen: Corinthia Hotels
https://udcqatar.com/Media-Room/Press-Releases/UDC-through-its-subsidiary-Leisure-and-Resorts-Company-and-Corinthia-Hotels-sign-technical-services

Sources: partner type

COMPANY2020-10-08

UDC through its subsidiary ... Corinthia Hotels ...

UDC
management and operation agreements with Corinthia Hotels
value seen: OPERATOR
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/UDC-through-its-subsidiary-Leisure-and-Resorts-Company-and-Corinthia-Hotels-sign-technical-services

Sources: summary

COMPANY2020-10-08

UDC through its subsidiary ... Corinthia Hotels ...

UDC
signed technical services and management and operation agreements ... for ‘Corinthia Gewan Island Qatar’ hotel ... golf course and beach club ... Yacht Club
value seen: UDC's subsidiary signed technical-services and management-and-operation agreements with Corinthia for the Gewan Island hotel, connected golf course and beach club, and The Pearl-Qatar Yacht Club.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/UDC-through-its-subsidiary-Leisure-and-Resorts-Company-and-Corinthia-Hotels-sign-technical-services

Sources: name

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
between United Development Company (UDC), BESIX of Belgium, and various Qatari investors
value seen: BESIX
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Sources: partner type

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
United Readymix W.L.L. ... proportion of ownership ... 32%
value seen: JV_PARTNER
value paraphrased from this source
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Sources: summary

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
United Readymix (URM) is a joint venture formed between United Development Company (UDC), BESIX of Belgium and other Qatari investors
value seen: United Readymix was established as a collaborative effort between UDC, BESIX of Belgium and Qatari investors to produce and supply ready-mix concrete.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Sources: name

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
Qatar District Cooling Company Q.C.S.C. ... Engaged in the construction, owning and operation of district cooling systems
value seen: Qatar District Cooling Company (Qatar Cool)
held out of the figures · the quote does not carry this value
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Sources: partner type

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
Proportion of ownership ... Qatar District Cooling Company Q.C.S.C. ... 51.06%
value seen: JV_PARTNER
value paraphrased from this source
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Sources: summary

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
Qatar District Cooling Company Q.C.S.C. ... 51.06% ... construction, owning and operation of district cooling systems
value seen: UDC holds an interest in Qatar Cool, which constructs, owns and operates district-cooling systems serving UDC developments and other Qatar districts.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Sources: name

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
BESIX of Belgium and other Qatari investors
value seen: Qatari investors
value paraphrased from this source
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Sources: partner type

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
other Qatari investors
value seen: JV_PARTNER
value paraphrased from this source
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Sources: summary

FILINGdate not shown in source

United Development Company Q.P.S.C.

UDC
United Readymix W.L.L. ... between United Development Company (UDC), BESIX of Belgium and other Qatari investors
value seen: Qatari investors participate with UDC and BESIX in United Readymix, the ready-mix-concrete venture.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/-/media/49dda1185ea9496bacfb3ea63349ec17.ashx

Registrations & licences

OTHER2
Emiri Decree No. 2 · QA · active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Qataractive 9 projects tracked

What they build

4 types
Other5 of 9
Retail3 of 9
Residential, for sale2 of 9
Residential, for rent1 of 9
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
AB
Ahmed Bin Ali Al Hammadi
Al Hammadi is UDC’s board chairman and a senior Qatari finance and investment executive. An independent company profile records his economics, finance and accounting degree, Harvard MBA, prior Qatar Investment Authority and EFG-Hermes experience, and other board roles.
Current title
Chairman of the Board
Experience
no career length stated
Companies before
Qatar Investment AuthorityEFG-HermesBooz & Co.
Education
University of Pennsylvania, Wharton School of BusinessBachelor’s degree in Economics, Finance and Accounting
Harvard Business SchoolMBA
Other boards
Heathrow AirportSoFiBorsa IstanbulDream InternationalQatar Electricity & Water Company
Known for
ChairmanMBAQIAEFG-HermesListed-co boards

Sources: education

COMPANYdate not shown in source

H.E AHMED BIN ALI AL-HAMMADI

Industries Qatar · carried by iq.com.qa
Mr. Ahmed Ali Al Hammadi holds a Bachelor’s degree in Economics, Finance and Accounting from the Wharton School of Business at the University of Pennsylvania and an MBA from Harvard School of Business.
value seen: Bachelor’s degree in Economics, Finance and Accounting; MBA
held out of the figures · the quote does not carry this value
https://iq.com.qa/en/about-iq/board-of-directors/h-e-ahmed-bin-ali-al-hammadi/

Sources: full name

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
H.E. Mr. Ahmed Bin Ali Al Hammadi Chairman of the Board
value seen: H.E. Mr. Ahmed Bin Ali Al Hammadi
https://udcqatar.com/About-Us

Sources: other boards

COMPANYdate not shown in source

H.E AHMED BIN ALI AL-HAMMADI

Industries Qatar · carried by iq.com.qa
Ahmed also sits on the boards of Heathrow Airport, SoFi, Borsa Istanbul and Dream International. On a local level, he plays a role as the Chairman of UDC , and Vice-Chairman of QEWC.
value seen: Heathrow Airport; SoFi; Borsa Istanbul; Dream International; Qatar Electricity & Water Company
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://iq.com.qa/en/about-iq/board-of-directors/h-e-ahmed-bin-ali-al-hammadi/

Sources: previous companies

COMPANYdate not shown in source

H.E AHMED BIN ALI AL-HAMMADI

Industries Qatar · carried by iq.com.qa
He worked at EFG-Hermes managing regional equities before joining the QIA, and garnered valuable experience at consulting firm Booz & Co.
value seen: Qatar Investment Authority; EFG-Hermes; Booz & Co.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://iq.com.qa/en/about-iq/board-of-directors/h-e-ahmed-bin-ali-al-hammadi/

Sources: role type

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Chairman of the Board
value seen: Chairman of the Board
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://udcqatar.com/About-Us

Sources: summary

COMPANYdate not shown in source

H.E AHMED BIN ALI AL-HAMMADI

Industries Qatar · carried by iq.com.qa
Mr. Ahmed Ali Al Hammadi holds a Bachelor’s degree in Economics, Finance and Accounting from the Wharton School of Business at the University of Pennsylvania and an MBA from Harvard School of Business. H.E Ahmed Ali Al-Hammadi, is the Director General of the General Retirement and Social Insurance Authority.
value seen: Al Hammadi is UDC’s board chairman and a senior Qatari finance and investment executive. An independent company profile records his economics, finance and accounting degree, Harvard MBA, prior Qatar Investment Authority and EFG-Hermes experience, and other board roles.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://iq.com.qa/en/about-iq/board-of-directors/h-e-ahmed-bin-ali-al-hammadi/

Sources: tags

COMPANYdate not shown in source

H.E AHMED BIN ALI AL-HAMMADI

Industries Qatar · carried by iq.com.qa
Mr. Al-Hammadi has held various high-ranking positions, he was previously the Chief Investment Officer for Europe, Russia and Türkiye at the Qatar Investment Authority managing the European portfolio across various sectors.
value seen: Chairman; MBA; QIA; EFG-Hermes; Listed-co boards
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://iq.com.qa/en/about-iq/board-of-directors/h-e-ahmed-bin-ali-al-hammadi/

Sources: title

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Chairman of the Board
value seen: Chairman of the Board
https://udcqatar.com/About-Us
AH
Ali Hussain Ibrahim Al Fardan
Al Fardan is UDC’s vice chairman and a senior Al Fardan Group executive. The available professional biography identifies him as a founder-chairman, jewellery-company CEO, Qatar Insurance Company board member and Qatar Cool vice chairman.
Current title
Vice Chairman (current term)
Experience
no career length stated
Companies before
none sourced
Education
Portland State UniversityBachelor’s degree in Political Science
Other boards
Al Fardan GroupDanat QatarDana Education CompanyQatar Insurance CompanyQatar CoolInternational School of Choueifat
Known for
Vice ChairmanAl Fardan GroupFounderQatar CoolBoard member

Sources: education

DIRECTORYdate not shown in source

Ali Hussain Ibrahim Al-Fardan - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
A Qatari national, he holds a bachelor’s degree in political science from Portland State University.
value seen: Bachelor’s degree in political science
https://people.equilar.com/bio/person/ali-al-fardan-united-development-company-qpsc/33829271

Sources: full name

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Mr. Ali Hussain Ibrahim Al Fardan Vice Chairman (current term)
value seen: Mr. Ali Hussain Ibrahim Al Fardan
https://udcqatar.com/About-Us

Sources: other boards

DIRECTORYdate not shown in source

Ali Hussain Ibrahim Al-Fardan - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
He is a partner in the International School of Choueifat, Founder and Chairman of Danat Qatar and Dana Education Company, CEO of Al Fardan Jewellery, Board Member of Qatar Insurance Company representing Al Fardan Investment, and Vice Chairman of Qatar Cool.
value seen: Al Fardan Group; Danat Qatar; Dana Education Company; Qatar Insurance Company; Qatar Cool; International School of Choueifat
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/ali-al-fardan-united-development-company-qpsc/33829271

Sources: role type

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Vice Chairman (current term)
value seen: Vice Chairman (current term)
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://udcqatar.com/About-Us

Sources: summary

DIRECTORYdate not shown in source

Ali Hussain Ibrahim Al-Fardan - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Mr. Ali Hussain Al Fardan currently serves as Vice Chairman of Al Fardan Group. He is a partner in the International School of Choueifat, Founder and Chairman of Danat Qatar and Dana Education Company, CEO of Al Fardan Jewellery, Board Member of Qatar Insurance Company representing Al Fardan Investment, and Vice Chairman of Qatar Cool.
value seen: Al Fardan is UDC’s vice chairman and a senior Al Fardan Group executive. The available professional biography identifies him as a founder-chairman, jewellery-company CEO, Qatar Insurance Company board member and Qatar Cool vice chairman.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/ali-al-fardan-united-development-company-qpsc/33829271

Sources: tags

DIRECTORYdate not shown in source

Ali Hussain Ibrahim Al-Fardan - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
He is a partner in the International School of Choueifat, Founder and Chairman of Danat Qatar and Dana Education Company, CEO of Al Fardan Jewellery, Board Member of Qatar Insurance Company representing Al Fardan Investment, and Vice Chairman of Qatar Cool.
value seen: Vice Chairman; Al Fardan Group; Founder; Qatar Cool; Board member
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/ali-al-fardan-united-development-company-qpsc/33829271

Sources: title

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Vice Chairman (current term)
value seen: Vice Chairman (current term)
https://udcqatar.com/About-Us
YS
Yasser Salah Al-Jaidah
Al-Jaidah has been UDC’s President and CEO since January 15, 2025, responsible for leading the developer after succeeding Ibrahim Al-Othman. UDC and a Qatar real-estate forum profile describe more than 20 years of project-management and strategic-investment experience, including a decade as Qatar Cool CEO and earlier LNG and ExxonMobil roles.
Current title
President & CEO
since January 15, 2025
Experience
20+ years ’ experience
Companies before
Qatar CoolSouth Hook LNGRasGasExxonMobil
Education
University of MissouriBachelor of Science in Electrical Engineering
HEC ParisExecutive MBA
Other boards
none sourced
Known for
President & CEOQatar CoolProject managementStrategic investmentPMP

Sources: education

COMPANY2015-01-21

Qatar Cool Announces Yasser Al Jaidah as New CEO

Qatar Cool
He completed a bachelor’s of science in Electrical Engineering from the University of Missouri in the United States, he is also certified as a Project Management Professional (PMP®) from the Project Management Institute (PMI) and has an Executive MBA from HEC-Paris in Shanghai, China.
value seen: Bachelor of Science in Electrical Engineering; Executive MBA
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://qatarcool.com/qa/ceo-no-title/

Sources: full name

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
United Development Company (UDC) is pleased to announce the appointment of Mr. Yasser Salah Al-Jaidah as the new President and Chief Executive Officer
value seen: Mr. Yasser Salah Al-Jaidah
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company

Sources: previous companies

COMPANY2015-01-21

Qatar Cool Announces Yasser Al Jaidah as New CEO

Qatar Cool
Before joining Qatar Cool, Yasser Salah Al Jaidah was the General Manager and Director of South Hook LNG in the United Kingdom; the largest liquefied natural gas (LNG) terminal of Western Europe.
value seen: Qatar Cool; South Hook LNG; RasGas; ExxonMobil
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://qatarcool.com/qa/ceo-no-title/

Sources: role type

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
United Development Company (UDC) is pleased to announce the appointment of Mr. Yasser Salah Al-Jaidah as the new President and Chief Executive Officer
value seen: President and Chief Executive Officer
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company

Sources: since

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
January 15, 2025 / News
value seen: January 15, 2025
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company

Sources: summary

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
Mr. Yasser Salah Al-Jaidah, with over 20 years of experience in various fields including project management and strategic investment, has held several leadership roles, most notably as CEO of "Qatar Cool," where he successfully achieved significant investment growth and expansion in the energy and utilities sectors.
value seen: Al-Jaidah has been UDC’s President and CEO since January 15, 2025, responsible for leading the developer after succeeding Ibrahim Al-Othman. UDC and a Qatar real-estate forum profile describe more than 20 years of project-management and strategic-investment experience, including a decade as Qatar Cool CEO and earlier LNG and ExxonMobil roles.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company

Sources: tags

COMPANY2015-01-21

Qatar Cool Announces Yasser Al Jaidah as New CEO

Qatar Cool
He completed a bachelor’s of science in Electrical Engineering from the University of Missouri in the United States, he is also certified as a Project Management Professional (PMP®) from the Project Management Institute (PMI), and he has an Executive MBA from HEC-Paris in Shanghai, China.
value seen: President & CEO; 20+ years’ experience; Qatar Cool; Project management; Strategic investment; PMP
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://qatarcool.com/qa/ceo-no-title/

Sources: title

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
United Development Company (UDC) is pleased to announce the appointment of Mr. Yasser Salah Al-Jaidah as the new President and Chief Executive Officer
value seen: President & CEO
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company
IJ
Ibrahim Jassim Al Othman Fakhro
Al-Othman is an executive non-independent UDC board member and senior adviser following his tenure as CEO. UDC credits him with leading the company for about a decade and advancing Gewan Island; a 2024 profile describes his earlier oil-industry background and his focus on disciplined execution and luxury development.
Current title
Senior Advisor to the Board of Directors; Executive Non-Independent Member
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Senior AdvisorFormer CEOExecutive board memberOil-industry backgroundGewan Island
since CEO since 2015; Senior Advisor appointment announced January 15, 2025
Whether you are in the oil industry or any other sector, the role of the CEO will have the same principles. UDC / The CEO Magazine February 25, 2024https://udcqatar.com/Media-Room/Press-Releases/2024-25-02-A-Spotlight-on-Mr-Ibrahim-Jassim-Al-Othman-in-The-CEO-Magazine

Sources: full name

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Mr. Ibrahim Jassim Al Othman Fakhro Executive Non-Independent Member
value seen: Mr. Ibrahim Jassim Al Othman Fakhro
https://udcqatar.com/About-Us

Sources: quote

COMPANY2024-02-25

A Spotlight on Mr. Ibrahim Jassim Al-Othman in The CEO Magazine

UDC
“Whether you are in the oil industry or any other sector, the role of the CEO will have the same principles.”
value seen: Whether you are in the oil industry or any other sector, the role of the CEO will have the same principles.
https://udcqatar.com/Media-Room/Press-Releases/2024-25-02-A-Spotlight-on-Mr-Ibrahim-Jassim-Al-Othman-in-The-CEO-Magazine

Sources: role type

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
Additionally, Mr. Ibrahim Jassim Al-Othman has been appointed as a Senior Advisor to the Board of Directors.
value seen: Senior Advisor to the Board of Directors; Executive Non-Independent Member
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company

Sources: since

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
Mr. Ibrahim Jassim Al-Othman served as CEO since 2015 and was recognized in 2024 as one of the top 30 leaders who transformed the real estate sector in the Gulf for his outstanding contributions.
value seen: CEO since 2015; Senior Advisor appointment announced January 15, 2025
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company

Sources: summary

COMPANY2024-02-25

A Spotlight on Mr. Ibrahim Jassim Al-Othman in The CEO Magazine

UDC
With a background in the oil industry, Ibrahim Al-Othman brought a wide-ranging skill set with him when he joined the United Development Company as President and CEO. ... On joining UDC as CEO in 2015, he immediately put those well-honed skills to good use.
value seen: Al-Othman is an executive non-independent UDC board member and senior adviser following his tenure as CEO. UDC credits him with leading the company for about a decade and advancing Gewan Island; a 2024 profile describes his earlier oil-industry background and his focus on disciplined execution and luxury development.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/2024-25-02-A-Spotlight-on-Mr-Ibrahim-Jassim-Al-Othman-in-The-CEO-Magazine

Sources: tags

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
Mr. Ibrahim Jassim Al-Othman served as CEO since 2015 ... Among his notable achievements is the company’s latest project, Gewan Island
value seen: Senior Advisor; Former CEO; Executive board member; Oil-industry background; Gewan Island
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company

Sources: title

COMPANY2025-01-15

Yasser Salah Al-Jaidah Appointed President & CEO of United Development Company

UDC
Additionally, Mr. Ibrahim Jassim Al-Othman has been appointed as a Senior Advisor to the Board of Directors.
value seen: Senior Advisor to the Board of Directors; Executive Non-Independent Member
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://udcqatar.com/Media-Room/Press-Releases/2025-01-15-Yasser-Salah-Al-Jaidah-Appointed-CEO-of-United-Development-Company
AB
Abdulla bin Hamad Al Attiyah
Al Attiyah is a non-independent UDC board member. The Qatar Real Estate Forum identifies him as CEO of Qatari Diar, giving him relevant senior-level experience in Qatar’s development and investment ecosystem; a separate company profile identifies his chairmanship of Barwa as a representative of Qatari Diar.
Current title
Non-Independent Member
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
Qatari Diar Real Estate Investment CompanyBarwa Real Estate Group
Known for
Board memberQatari Diar CEOReal estateDevelopment

Sources: full name

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
H.E. Mr. Abdulla bin Hamad Al Attiyah Non-Independent Member
value seen: H.E. Mr. Abdulla bin Hamad Al Attiyah
https://udcqatar.com/About-Us

Sources: other boards

COMPANYdate not shown in source

About Us — Barwa Real Estate Group

Barwa Real Estate Group
Chairman's Message HE. Mr. Abdulla Bin Hamad Al-Attiyah Chairman (Representative of Qatari Diar)
value seen: Qatari Diar Real Estate Investment Company; Barwa Real Estate Group
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.barwa.com.qa/about

Sources: role type

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Non-Independent Member
value seen: Non-Independent Member
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://udcqatar.com/About-Us

Sources: summary

OTHERdate not shown in source

Eng. Abdullah bin Hamad Al-Attiyah

Qatar Real Estate Forum
CEO of Qatari Diar Real Estate Investment Company Eng. Al Attiyah has an extensive and vast work experience in many sectors in the country
value seen: Al Attiyah is a non-independent UDC board member. The Qatar Real Estate Forum identifies him as CEO of Qatari Diar, giving him relevant senior-level experience in Qatar’s development and investment ecosystem; a separate company profile identifies his chairmanship of Barwa as a representative of Qatari Diar.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://qreforum.aqarat.gov.qa/en/speakers/eng-abdullah-bin-hamad-al-attiyah

Sources: tags

OTHERdate not shown in source

Eng. Abdullah bin Hamad Al-Attiyah

Qatar Real Estate Forum
CEO of Qatari Diar Real Estate Investment Company
value seen: Board member; Qatari Diar CEO; Real estate; Development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://qreforum.aqarat.gov.qa/en/speakers/eng-abdullah-bin-hamad-al-attiyah

Sources: title

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Non-Independent Member
value seen: Non-Independent Member
https://udcqatar.com/About-Us
AI
Anas Ibrahim
Ibrahim is UDC’s executive director for investment and development, covering a function central to portfolio growth and project selection. His professional biography describes prior senior leadership at ROSHN Group and experience across Saudi and UAE real-estate developers, with expertise in mixed-use development, modelling and capital structuring.
Current title
Executive Director, Investment & Development
Experience
no career length stated
Companies before
ROSHN GroupAbdul Latif Jameel PropertiesAbdul Latif JameelQ Properties
Education
Harvard Business SchoolExecutive education
London Business SchoolExecutive education
Other boards
none sourced
Known for
Investment & developmentROSHN GroupMBA FinanceMixed-use developmentCapital structuring

Sources: education

DIRECTORYdate not shown in source

Anas Ibrahim - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Anas holds an MBA in Finance and has completed executive education at both Harvard Business School and London Business School.
value seen: MBA in Finance; executive education at Harvard Business School and London Business School
held out of the figures · the quote does not carry this value
https://people.equilar.com/bio/person/anas-ibrahim-united-development-company-qpsc/79099582

Sources: full name

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Anas Ibrahim Executive Director, Investment & Development
value seen: Anas Ibrahim
https://udcqatar.com/About-Us

Sources: previous companies

DIRECTORYdate not shown in source

Anas Ibrahim - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Prior to joining UDC, Anas held a senior leadership position at ROSHN Group in Saudi Arabia and previously worked with leading real estate and development companies across Saudi Arabia and the UAE.
value seen: ROSHN Group; Abdul Latif Jameel Properties; Abdul Latif Jameel; Q Properties
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/anas-ibrahim-united-development-company-qpsc/79099582

Sources: role type

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Executive Director, Investment & Development
value seen: Executive Director, Investment & Development
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://udcqatar.com/About-Us

Sources: summary

DIRECTORYdate not shown in source

Anas Ibrahim - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Prior to joining UDC, Anas held a senior leadership position at ROSHN Group in Saudi Arabia and previously worked with leading real estate and development companies across Saudi Arabia and the UAE.
value seen: Ibrahim is UDC’s executive director for investment and development, covering a function central to portfolio growth and project selection. His professional biography describes prior senior leadership at ROSHN Group and experience across Saudi and UAE real-estate developers, with expertise in mixed-use development, modelling and capital structuring.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/anas-ibrahim-united-development-company-qpsc/79099582

Sources: tags

DIRECTORYdate not shown in source

Anas Ibrahim - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Anas holds an MBA in Finance and has completed executive education at both Harvard Business School and London Business School. His expertise spans investment management, real estate development, strategic planning, financial modelling and capital structuring
value seen: Investment & development; ROSHN Group; MBA Finance; Mixed-use development; Capital structuring
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/anas-ibrahim-united-development-company-qpsc/79099582

Sources: title

COMPANYdate not shown in source

About UDC Qatar | Qatar Real Estate Company

UDC
Executive Director, Investment & Development
value seen: Executive Director, Investment & Development
https://udcqatar.com/About-Us

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

1 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

9 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
The Pearl International HospitalDoha, Qatar
Medina Centrale
other441—14,000 m²——202116 December 2021Oct 2024 – Dec 2024Dec 2024+1.0 mo
(0.0 to +2.0)
sourcedcompleted
Crystal ResidenceDoha, Qatar
Gewan Island
residential for sale, retail5861———20 / 801202114 October 2021—Jan 2024 – Dec 2024—not scorablecompleted
Crystal WalkwayDoha, Qatar
Gewan Island
retail, other—————202018 July 2020Jan 2022 – Dec 2022Jan 2024 – Dec 2024+24.0 mo
(+13.0 to +35.0)
sourcedcompleted
Hamad Bin Jassim Bin Jaber Al Thani MosqueDoha, Qatar
The Pearl Island
other2,5001—20,898 m²——2019February 2019Apr 2022Dec 2023+20.0 mo
(+20.0 to +20.0)
sourcedcompleted
Corinthia Yacht ClubDoha, Qatar
Porto Arabia
other—————2021May 2021Nov 2022Nov 20220.0 mo
(0.0 to 0.0)
sourcedcompleted
Corinthia Golf ClubDoha, Qatar
Gewan Island
other—————2022November 21, 2022Jan 2024 – Dec 2024Jan 2022 – Dec 2022dates under reviewdates under reviewcompleted
Floresta Garden villa compoundsDoha, Qatar
Floresta Gardens
residential for sale1151————201921 July 2019—Jan 2022 – Dec 2022—not scorablecompleted
Giardino GardensDoha, Qatar
Giardino Village
residential for rent801———10% Down Payment • 10% On Handover • Balance over 6 Years1202116 August 2021Jan 2021 – Dec 2021Jan 2022 – Dec 2022+12.0 mo
(+1.0 to +23.0)
sourcedcompleted
Floresta GalleriaDoha, Qatar
Floresta Gardens
retail—33,500 m²——2020January 2020Jan 2022Jan 2021 – Dec 2021−6.5 mo
(−12.0 to −1.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
COMPANY AWARD Winner September 2011 (award event; reported 28 September 2011)
Developer of the Year
United Development Company was named Developer of the Year at the inaugural Construction Week Qatar Awards.
SUSTAINABILITY Winner 2024 (reported 1 September 2024)
Green World Champion in Energy Management
UDC was recognised as Green World Champion in Energy Management at the Green World Awards 2024 for its energy-efficiency and emissions-reduction work.
SUSTAINABILITY Certified Certified 24 August 2022; reported 28 August 2022
GSAS Operations Certificate — Gold · UDC Tower
UDC Tower received a Gold GSAS Operations Certificate and was identified as the first building on The Pearl Island to receive the certificate.
Gulf Organisation for Research & Development (GORD) · https://gsas.gord.qa/nproject/united-development-company-udc-tower/
SAFETY / QUALITY Winner 2021 (reported 29 April 2021)
International Safety Award 2021 with Distinction · The Pearl-Qatar and Gewan Island
UDC received the distinction-level International Safety Award for its commitment to safeguarding the health and safety of the communities, workers and workplaces at The Pearl-Qatar and Gewan Island.
SAFETY / QUALITY Winner 2023 (reported 9 August 2023)
Community Services Excellence Award · The Pearl Island ITTISAL contact centre and community services
UDC’s Pearl Island community services were named winner of the Communitas Award 2023 for community-services excellence following judging-panel evaluation.
SUSTAINABILITY Winner 1 July 2025 (published 2 July 2025)
Green World Awards 2025 — four category awards · The Pearl Island and Gewan Island
UDC reports receiving four Green World Awards 2025 awards: Gold for Gewan Island energy management, Silver for The Pearl Island corporate social responsibility, and Bronze awards for Gewan Island pollution and emissions control and The Pearl Island water management.
SUSTAINABILITY Winner 2024 (reported 1 September 2024)
Qatar National Gold Winner — International CSR Excellence Awards
UDC was recognised as the Qatar National Gold Winner in the property and real-estate-management category at the International CSR Excellence Awards 2024.

Risks

Auditor & credit ratings

audited accounts
AuditorErnst & Young

Risk flags

4 found
LEGAL Provision recognised for the year ended 31 December 2025; 2025 statements approved and dated 8 February 2026; dispute status described as of 24 July 2024.
UDC’s audited 2025 consolidated financial statements recorded a QR295 million provision for litigation; the same matter was described in the company’s 2024 interim statements as a dispute with a developer in which both sides sought compensation, with the developer’s claim for incurred costs having been decided in its favour and appealed by UDC. The statements said UDC’s lawyers considered the provision adequate and that no material additional liability was expected, so the ultimate outcome was not presented as final.
FINANCIAL DISTRESS Year ended 31 December 2024; statements dated 9 February 2025.
UDC’s audited 2024 financial statements reported an impairment charge of QR158.201 million on property, plant and equipment; this is an accounting write-down, not evidence by itself of insolvency, default or inability to pay.
DELIVERY DELAY 2020-07-18 original 2022 target; 2024-10-28 handovers scheduled from November 2024
Gewan Island’s Crystal Residence, developed by United Development Company (UDC), was originally reported for completion in 2022; UDC later scheduled handovers from November 2024 and reported the mixed-use buildings’ completion, documenting a delayed but subsequently progressing delivery rather than an active failure.
DELIVERY DELAY 2021-02-02 original Q4 2022 commitment; 2024-12-18 opening announcement
The Pearl International Hospital, a UDC–Ruzgar Healthcare Holding partnership, was announced in 2021 for opening in the fourth quarter of 2022; UDC and Ruzgar announced its opening in December 2024, indicating a materially late delivery that was subsequently resolved.

Record status

active
Coverageactive
Tracked sinceOctober 9, 2026
Last checkedOctober 9, 2026 this month
Profile last researchedOctober 9, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.