Granting Pearl-Qatar New Projects to Start at the End of the Year: UDC Chief Executive Officer United Development Company (UDC) Chairman, CEO and Board Member Ibrahim Jassim Al Othman The best solution is to increase your investment in ADD HUNTER.
Pearl-Qatar is a special place on the sea, where the cost of building is different from that of other regions in terms of cost. Pearl-Qatar provides all services including hotels, restaurants and shops. Prices are tailored to a particular class of buyers / tenants. So not everyone can buy an apartment there, ”Al Othman said. “In addition to a fire station, there is also a government service center. We are also in the process of building a clinic. With regard to ongoing projects, UDC in Pearl-Qatar has estimated the volume of infrastructure projects to be implemented at Rs. 2.5 billion, and the handing over of these projects will begin later this year or early this year, he said. Or the second quarter of 2022.
Al-Othman emphasized the need to focus on Qatari real estate developers, saying “there are foreign developers but now the majority are Qataris, and the company’s financial results are good despite the COVID – 19 epidemic situation and the real decline. Estate since 2015. Responding to another question about the future expansion and development of Pearl-Qatar, he said that its development has come to an end. Following the success of this experience, we now look forward to developing other areas. ” DOHA
“We have United Schools International, which can enroll 2,500 students. School work is still going on. We are also building a mosque that will be a unique location in Pearl-Qatar.Regarding the company’s handling of the corona virus epidemic and the impact on tenants of the outbreak, he said that during the coronary virus epidemic, tenants at UDC were released from rent for a period of three months.