United Development Company (UDC), a leading Qatari public shareholding company, announced its financial results for 2025. The company posted a net profit of QR404 million, with total revenues reaching QR1.93 billion. The net profit attributable to shareholders was QR431 million, with basic earnings per share of QR0.122. Based on these results, UDC’s Board of Directors proposed a cash dividend of 5.5% of the nominal share value.
UDC Chairman, Ahmed bin Ali Al-Hammadi, commented on the results, noting that 2025 marked a pivotal year in UDC’s journey. Despite global challenges, the company delivered stable performance. This was due to UDC’s clear focus on long-term value creation, which aligns with Qatar’s urban development goals.
Sustained Growth Across UDC’s Projects
Al-Hammadi highlighted UDC’s development model. It has shown resilience and scalability. The Pearl Island continues to generate income, while Gewan Island is evolving into a premium waterfront destination. Both projects contribute to UDC’s long-term asset value.
The proposed dividend reflects the value of UDC’s real estate projects. Al-Hammadi emphasized that sustainability remains central to the company’s strategy. In 2025, UDC integrated environmental responsibility and energy efficiency throughout its operations. These efforts produced measurable sustainability outcomes.
Operational Excellence and Customer Satisfaction
UDC President and CEO, Yasser Salah Al-Jaidah, explained that 2025 was the year of operational excellence. The company focused on improving efficiency, community service, and sustainability. These priorities resulted in high occupancy rates and strong leasing demand. UDC also achieved a customer satisfaction rate of 92%.
A key milestone in 2025 was the first full year of operations for The Pearl International Hospital. It quickly became a trusted healthcare provider in the community. Al-Jaidah also mentioned progress at Gewan Island and The Pearl Island, reinforcing UDC’s commitment to quality destinations.
Sustainability and Recognition
In 2025, UDC achieved significant sustainability outcomes. The company saved 1.7 billion kWh of energy and avoided 950 million kg of CO2 emissions. It also reached a 37% waste recycling rate. These achievements earned UDC several international awards, underscoring the company’s commitment to sustainability.
UDC also reached key operational milestones. The company welcomed 54 million visitors to its destinations. It completed 14,000 square meters of retail leasing and sold over 100 residential units. Occupancy rates at both The Pearl Island and Gewan Island remained high.
Looking Ahead to 2026
Looking ahead to 2026, Al-Jaidah outlined UDC’s strategy. The company will continue investing responsibly and advancing its operations. UDC aims to leverage its strong asset base and solid demand fundamentals to achieve long-term growth. The company is well-positioned to deliver sustainable returns, aligned with Qatar’s economic goals.
UDC remains focused on investing in projects that contribute to Qatar’s growth. Established in 1999, UDC is a major player in sectors like real estate, property management, and hospitality, with total assets of QR18.6 billion as of December 31, 2025.