Posted on June 16, 2019

United Development Company (UDC), one of Qatar’s leading public shareholding companies and the master developer of The Pearl-Qatar and Gewan Islands, has added two prestigious new accolades to its list of honors. The awards are: “Best Mixed-Use Development Award” for The Pearl-Qatar and “Commercial High-Rise Development Award” for UDC Tower.

UDC’s Executive Director Commercial, Mr. Abdulrahman Al Ibrahim, has received the two Awards during the ceremony that took place on Wednesday, June 12, 2019, at the Marriott Hotel Grosvenor Square, London. Commenting on this achievement, Mr. Ibrahim Jassim Al-Othman, UDC’s President and CEO and Member of The Board, said: “The two awards reflect the soundness of UDC’s long-term strategies in developing real estate projects that are distinguished for their quality and innovation, evident by the regional and international awards year after year.”

Mr. Al-Othman added: “These two awards demonstrate UDC’s outstanding successful journey in identifying and investing in premium real estate development projects that contribute to the growth of the real estate sector, provide unrivaled services to the customers and fall in line with the highest international standards to optimize the returns of the shareholders and the investors alike”. The “Best Mixed-Use Development Award” is The Pearl-Qatar’s second award in less than two years. The Island was also chosen as the "Best Mixed-Use Development" at the “2018-2019 Arabian Property Awards”, while UDC was named the “Best Real Estate Development Company in Qatar” in 2018 by the prestigious London-based “International Finance Magazine”.

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The “Commercial High-Rise Development Award” is a testament to UDC’s adoption of the highest quality standards and its commitment to excellence in the development of the highest quality commercial office spaces in UDC Tower that is situated at the entrance of The Pearl-Qatar island and is one of the tallest structures on the Island. The 42-storey tower has been developed primarily to provide the best possible working environment with the first-class facilities, making the Tower the location of choice for many businesses.

The Awards celebrate the achievements of companies operating in all sectors of the property and real estate industry, where participants are grouped by region including Africa, Asia, Europe and USA. The two Awards reflect 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 Awards’ evaluation is based on criteria such as design, quality, services, innovation and commitment to sustainability.

UDC, the master developer of The Pearl-Qatar and Gewan Islands, 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. UDC activities cover a multitude of vital investment sectors including real estate development, property management, infrastructure and utilities, maritime and hospitality related businesses.