UDC recently won the 2018-2019 ‘Best Mixed-Use Development’ award for The Pearl-Qatar project at 2018-2019 Arabian Property Awards in London. 
Abdulla al-Hamadi, UDC executive director (Property Management) at UDC, received the award on behalf of the company.
The award reflects UDC’s leading position ahead of hundreds of firms across 48 real estate categories, including residential and commercial properties that have been carefully appraised by a panel of 80 international experts led by three members of the UK’s House of Lords. The evaluation is based on criteria such as design, quality, services, innovation and commitment to sustainability.
On the latest achievement, UDC president and CEO Ibrahim Jassim al-Othman said, “The award reflects our unwavering commitment not only to excellence but also to the development and delivery of sustainable projects that have a positive impact on the community, and contribute to the long-term development of real estate projects.”
Earlier this year, UDC won two honours from the Qatar Business Excellence Awards 2018, presented by MEA-Markets – one of the leading business magazines in the Middle East and North Africa region – which honours companies, departmental functions and individuals who are credited with advanced experience and specialisation. 
UDC was presented with the awards in recognition of the company’s significant contribution to the development and management of some of the region’s leading real estate projects.
Despite regional uncertainty and economic challenges, UDC continues to unveil innovative and integrated projects, while maintaining satisfactory financial returns to its investors. 
In April 2018, UDC unveiled its latest real estate project – Gewan Island – at Cityscape Qatar. 
The 400,000 square-metre project is located adjacent to The Pearl-Qatar, with constructions works due to be completed in 2021.
UDC is expected to invest a total of QR5.5bn in key projects over the 2018-2022 period. These investments reflect the company’s strong commitment to pursuing unique development projects and moving forward with its strategy of tapping new investment opportunities to bolster corporate gains and minimise risk, by taking advantage of residential and commercial investment opportunities at The Pearl-Qatar and Gewan Island.