Qatar's UDC inks $218m office towers contract

  • Share via facebook
  • Tweet this
  • Bookmark and Share

United Development Company (UDC) announced in Saturday that it has signed a QR795m ($218m) contract to build two office towers on The Pearl-Qatar.

The company said it has inked the deal with an unnamed Qatari construction company to build the two Abraj Quartier Gateway Office buildings.

Standing at around 201 metres high, the two 40-storey towers will boast a build up area of more than 230,000 sq m, UDC said in a statement.

It added that construction work started in February and is expected to be completed by the end of January 2016.

UDC's CEO Ebrahim Al-Sulaiti said: "These towers will set the standard for the development in terms of quality and architectural articulation for exterior material and finishes and will feature comprehensive smart systems."

Abraj Quartier is one of the ten precincts that make up The Pearl-Qatar Island.

Developed by United Development Company, the Island is located 350 metres offshore of Doha's West Bay District and is one of the largest urban developments in the Gulf.

Related:

Market Performance

United Development Company
21.5
-0.2 -0.92 (%)
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearingTerms and conditions

Further reading

Features & Analysis
The world's most influential Arabs: Power defined

The world's most influential Arabs: Power defined

Putting together a list of the world’s most powerful Arabs is...

Oscar Niemeyer: The Boy from Brazil

Oscar Niemeyer: The Boy from Brazil

Orlando Crowcroft looks over the influence of Brazilian legend...

Arabian Business Rich List 2012: Money talks

Arabian Business Rich List 2012: Money talks

Welcome to the ninth edition of the Arabian Business Rich List...

1
Most Discussed
  • 28
    Are there too many Brits in the UAE?

    Sooner or later each expat will have to pack and go back home; the UAE is not the surrogate mother of any foreigner, the UAE takes care of its own populace... more

    Friday, 24 May 2013 2:01 AM - Saeed
  • 21
    Bahrain MPs vote to ban pork in kingdom

    The enlightened view of some of the commentators(the ones from Pakistan especially) bring me much joy and happiness. We are all fairly clear about the... more

    Thursday, 23 May 2013 4:43 PM - Maulana Abdul Fazl
  • 14
    Turkish Airlines says sorry for flights mix-up

    To be fair, it is not that difficult to mix Dakar and Dhaka up. Those travelling to the US for the first time may very likely get confused between Santa... more

    Thursday, 23 May 2013 11:29 AM - Bilal
  • 44
    Dubai labourers stage rare strike for more pay

    As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more

    Wednesday, 22 May 2013 11:56 AM - Ty Say
  • 28
    Are there too many Brits in the UAE?

    Sooner or later each expat will have to pack and go back home; the UAE is not the surrogate mother of any foreigner, the UAE takes care of its own populace... more

    Friday, 24 May 2013 2:01 AM - Saeed
  • 24
    Kuwait to start medical care segregation on June 1

    Let me put the entire issue in perspective. There are massive traffic problems on the roads of Kuwait, where Kuwait can boast high road fatalities and... more

    Tuesday, 21 May 2013 1:28 PM - Abdullah