10/02/2026 05:02 AST
United Development Company (UDC) reported a net profit of QR404mn in 2025 and total revenues worth QR1.93bn, with net profit attributable to shareholders reaching QR431mn and basic earnings per share of QR0.122.
Based on these results, the board of directors proposed the distribution of cash dividends amounting to 5.5% of the nominal share value, reaffirming UDC's commitment to delivering sustainable and attractive shareholder returns. The proposed dividends for 2025 are in line with value of the real estate projects that the company is continuing to develop.
UDC chairman Ahmed bin Ali al-Hammadi said: "2025 marked a defining phase in UDC's long-term journey. Despite a complex global environment, the company delivered stable results. This performance reflects our clear strategic focus on long-term value creation aligned with Qatar's national urban development priorities."
He added: "UDC's integrated development model continues to demonstrate its resilience and scalability. The Pearl Island remains a mature, income-generating destination anchored by recurring revenues, while Gewan Island represents a strategic evolution of our portfolio, enhancing asset value through premium residential, hospitality, and leisure offerings. Together, these destinations reinforce the quality, durability, and long-term potential of UDC's asset base."
UDC president and CEO, Yasser Salah al-Jaidah, stated: "2025 was the year in which strategy moved firmly into action. Our focus was clear: operational excellence, efficiency, community-centric service delivery, and embedding sustainability as a driver of performance and long-term value. These priorities translated into strong occupancy levels, sustained leasing demand, rising visitor numbers, and a 92% customer satisfaction rate across core services."
He added: "A significant milestone during the year was the first full year of operations of The Pearl International Hospital, which quickly established itself as a trusted healthcare provider within the community. Alongside continued progress at Gewan Island and sustained momentum at The Pearl Island, this reinforces our belief that quality-of-life infrastructure is integral to resilient, successful destinations."
On the operational and commercial fronts, UDC welcomed 54mn visitors across The Pearl Island and Gewan Island in 2025, underscoring the strength of its destinations and the reliability of its operating platforms.
In 2025, UDC concluded 14,000sq m of retail leasing transactions, sold over 100 residential units, and achieved retail occupancy of 84% at The Pearl Island and 99% at Gewan Island, reflecting sustained demand and leasing resilience across its portfolio.
Gulf Times
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