United Development Company (UDC) has been named ‘Best Real Estate Development Company in Qatar’ in 2018 by London-based International Finance Magazine, adding another international accolade to its award tally.
The award recognises companies with overall performance excellence in the residential and commercial properties, especially companies that ensure and provide a relentlessly engaging and valuable experience for their customers.
UDC said in a statement that the award is considered to be the latest testament to the company’s outstanding commitment to providing unrivaled customer services across the Island.
UDC president and CEO Ibrahim Jassim al-Othman said, “The award reflects UDC’s remarkable position as one of the region’s leading real estate development companies, and its success in overcoming challenges and delivering unique, sustainable, and integrated projects with a positive impact on the community.
“The evaluation of United Development Company was based on criteria such as product quality, service standards, and consistency of service to ensure customer satisfaction. The evaluation process included review and assessment of the Company’s financial history, assets and growth potential.”
The award was presented to Abdulrahim al-Ibrahim, UDC executive director Commercial, during a ceremony held at the Grand Hyatt Erawan Hotel in Bangkok on Friday. The event brought together 27 leading real estate development companies from around the world.
Recently, UDC has been awarded the ‘Best Mixed-Use Development 2018 Award’ at the 2018-2019 Arabian Property Awards for developing The Pearl-Qatar, the company’s flagship real estate venture.
The company also won two awards from the Qatar Business Excellence Awards 2018 presented by MEA-Markets, one of the leading magazines to monitor major business developments in the Middle East and North Africa region, which honours companies, departmental functions and individuals who are credited with advanced experience and specialisation.
UDC is the master developer of The Pearl-Qatar and Gewan Islands, and is a leading Qatari public shareholding company with a mission to identify and invest in long-term projects contributing to Qatar’s growth, and providing strong shareholder value.
Established in 1999, the company was listed on the Qatar Stock Exchange in June 2003. Its current investment portfolio includes real estate development, property management, infrastructure and utilities, maritime related businesses, and hospitality.
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