United Development Company unveils latest investment projects at Cityscape

The Pearl-Qatar's master developer to showcase a unique range of residential and retail projects to visitors

United Development Company unveils latest investment projects at Cityscape

Doha, Qatar: United Development Company (UDC), one of Qatar’s leading public shareholding companies and master developer of The Pearl-Qatar, has announced its participation in Cityscape Qatar 2018. The event, in its 7th edition, will be held under the patronage of His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of the Interior, from 22 to 25 April at the Doha Convention and Exhibition Center.

Throughout the four-day event, UDC will showcase its various real estate projects and familiarize investors from Qatar and abroad with a range of investment opportunities. The company will also unveil its latest construction project; a new island being developed alongside The Pearl-Qatar as part of UDC’s five-year sustainable growth strategy, offering a new investment and residential venture on the promising local market.

Cityscape Qatar 2018 will also feature the launch of UDC’s sale of a mix of properties at Giardino Village precinct, located at The Pearl. These include villa plots and low-rise building lots comprising a ground floor and three or five stories as well as under construction villas. Giardino Village is a highly prized residential district featuring beautiful gardens and a private living space for residents.

Within a short walking distance of Porto Arabia, Medina Centrale and Qanat Quartier, this new residential development is conveniently located to allow for easy access to the retail and entertainment outlets in these districts, combining privacy and a sense of belonging to the vibrant island community. The precinct is also set to be home to a sports field, a school and a hospital.

Commenting on UDC’s participation in Cityscape 2018, Mr. Ibrahim Jassim Al Othman, President & Chief Executive Officer of UDC, said: "The seventh edition of this exhibition underscores the strength of the Qatari economy and the abundance and diversity of investment opportunities in various sectors including the property market. UDC offers attendees a wide range of real estate products and investment opportunities that will be presented during the event along with the surprise reveal of our new island development project, thus reflecting the strong performance of UDC and its leading position when it comes to the implementation of integrated real estate projects. "

The exhibition will also mark the launch of the third sale phase of residential units at Al Mutahidah Towers in Viva Bahriya precinct, after the success of UDC’s first two campaigns. Al Mutahidah Towers consist of high-end connected towers offering accommodation units of various dimensions including studios, luxury apartments as well as high-level penthouses. The towers also boast panoramic sea-views and direct access to the beach.

Participants in Cityscape 2018 can visit UDC’s pavilion and meet with the company’s specialized sales team to learn more about existing investment opportunities, the characteristics of UDC’s various projects and the company’s latest commercial and residential projects on the island. Throughout the four-day event, the company will also unveil a number of attractive promotional offers to visitors, and will offer investors, buyers and tenants various discounts on its diverse mix of residential and commercial units.

UDC's participation in this year’s event falls in line with its ongoing efforts to cement its success as a leading real estate developer with an ever-expanding portfolio of projects developed in line with the highest international standards. These ongoing projects reflect the company’s commitment to achieving its objectives according to set plans and timetables, to protect shareholders and investors rights.

United Development Company (UDC) 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 good shareholder value. Established in 1999, the company went on to be listed on the Qatar Stock Exchange in June 2003. UDC’s current portfolio includes: real estate development, property management, infrastructure and utilities, energy-intensive industries, hydrocarbon downstream manufacturing, maritime related businesses, and hospitality.

From day one, the company has played an active role in the development of Qatar, and has successfully established several new companies and investment vehicles. Wholly-owned UDC companies include Hospitality Development Company, Ronautica Middle East and Madinainova amongst others.

© Press Release 2018

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