built around opportunity. driven by value.
Since establishing in 1997, our ambition has extended beyond developing structures. As the property arm of Hassan Al Shaqsy Trading & Contracting, we established UPD with a belief that thoughtful real estate can improve how people live, work, invest and interact with the communities around them.
Oman continues to evolve - economically, socially and physically. With that evolution comes a responsibility to approach real estate intelligently: understanding what the market genuinely needs, committing to quality and ensuring that each investment contributes meaningful long-term value.
At UPD, we combine local knowledge with broad real estate expertise and a disciplined approach to investment, consultancy, development and management. Our commitment is to build relationships based on integrity, create & manage properties defined by quality and pursue opportunities with the potential to contribute positively to Oman’s future.
As we continue our journey, our focus remains clear:
To create better places, stronger investments and enduring value.
Hassan Al Shaqsy
Chief Executive Officer
Based in Muscat, Oman, UPD is an integrated property development, investment and management firm. Our expertise spans residential, commercial and mixed-use real estate, bringing together the capabilities required to evaluate, develop, position, operate and enhance property assets.
UPD was founded on the belief that successful development requires more than buildings. It requires a clear understanding of people, markets, economics and the long-term role a property will play within its surrounding environment.
We therefore approach every project from multiple perspectives - as developers, investors, operators and market specialists.
This integrated outlook allows us to make informed decisions throughout the property lifecycle and pursue opportunities capable of generating meaningful value for investors, partners, occupants and communities.
The foundation of UPD is its people. Our team combines local market understanding with broad real estate experience across development, management, investment, sales and commercial strategy, allowing different disciplines to work together toward a common objective.
We do not simply develop property. We develop its potential.
our people
Real estate is ultimately a people business.
UPD brings together professionals with experience across property development, investment, management, consultancy, sales and commercial strategy.
Our culture encourages entrepreneurship, accountability, communication and teamwork.
Business Development
Saleh Al Shaqsy
Projects & Design
Hilal Al Shaqsy
Investments & Acquisitions
Hamed Al Naamani
Corporate Strategy
Emaad Al Qadri
