Doha, 08 Feb. 2026

United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, has announced its consolidated financial results for the year ended 31 December 2025, reflecting resilient performance amid a challenging global environment.

The company reported a net profit of QR 404 million on revenues of QR 1.93 billion. Net profit attributable to shareholders reached QR 431 million, with basic earnings per share of QR 0.122. Based on these results, UDC’s Board of Directors has proposed a cash dividend distribution of 5.5% of the nominal share value, underscoring the company’s continued focus on sustainable shareholder returns supported by the underlying value of its real estate portfolio.

Commenting on the results, UDC Chairman H.E. Ahmed bin Ali Al-Hammadi said that 2025 marked an important phase in the company’s long-term journey, defined by disciplined execution and resilient performance. He noted that UDC’s results reflect a clear strategic focus on long-term value creation aligned with Qatar’s urban development priorities. He added that the company’s integrated development model continues to demonstrate strength, with The Pearl Island remaining a mature, income-generating destination, while Gewan Island represents a strategic evolution through premium residential, hospitality, and leisure offerings that enhance overall asset value.

Sustainability, he emphasized, remains central to UDC’s strategy, with continued integration of environmental responsibility, energy efficiency, and community well-being across operations. Looking ahead, the company remains confident in its strategic direction and committed to investing in destinations, people, and long-term growth.

UDC President and CEO Yasser Salah Al-Jaidah said 2025 was the year in which strategy translated decisively into action. He highlighted strong operational performance driven by efficiency, community-centric services, and sustainability-led growth. These efforts resulted in high occupancy levels, steady leasing demand, growing visitor numbers, and a customer satisfaction rate of 92%.

A key 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. Progress at Gewan Island and continued momentum at The Pearl Island further reinforced the importance of quality-of-life infrastructure in building resilient destinations.

Operationally, UDC welcomed 54 million visitors across The Pearl and Gewan Islands in 2025. The company completed 14,000 square meters of retail leasing, sold more than 100 residential units, and achieved retail occupancy rates of 84% at The Pearl Island and 99% at Gewan Island. Sustainability achievements included energy savings of 1.7 billion kWh, avoidance of 950 million kilograms of CO₂ emissions, and a 37% waste recycling rate.

Looking ahead to 2026, UDC aims to continue disciplined investment and responsible development, positioning the company to deliver sustainable performance aligned with Qatar’s economic and urban development goals.