United Development Company (UDC), master developer of The Pearl-Qatar and Gewan Islands, has recently joined the ranks of luxury real estate developers at the ‘Luxury Property Show – Shanghai’ in China. UDC was the platinum sponsor of the property show.
The three-day event, brought together over 200 leading real-estate companies from around the world to advertise world-class projects to an audience of Chinese and international luxury homebuyers and investors. The invitation-only event was organised in cooperation with over 200 official media and show partners, providing a reputable platform for elite investors to interact with exhibitors from over 35 countries.
According to UDC President and Chief Executive Officer Ibrahim Jassim Al Othman, they believe that Qatar represents an attractive investment destination that has yet to be fully tapped by Chinese investors. This is the reason why they have decided to participate in the Luxury Property Show – to introduce Chinese investors to what UDC has to offer.
Al Othman explained that Qatar’s attractive business environment, growing expat communities and emerging tourism sector, driven by a diversified economy and US $200 billion worth of investments in infrastructure projects in preparation for the FIFA World Cup 2022, reflect positively on Qatar’s property market.
As one of the leading real estate development companies in the Middle East, UDC through its various products and services, represents one of the optimum channels to tap into Qatar’s lucrative property market. Chinese investors looking to tap Qatar’s attractive real estate market now benefit from visa-free entry to the country after the government eliminated visa requirements for citizens of over 80 nations. Qatar now ranks first in the Middle East and 8th worldwide in terms of visa openness.
Visitors to the exhibition were briefed by UDC representatives on the company display and their various offerings at The Pearl-Qatar and Gewan Islands. UDC staff also guided Chinese investors through the formalities of acquiring a property in Qatar and explained the payment plans, walking investors through a smooth and transparent investment process.
For more information about UDC, visit their website at udcqatar.com.