27 September 2016
AYKON City and AKOYA by DAMAC receive mark of excellence at 25th edition of coveted industry award

Dubai, United Arab Emirates - DAMAC Properties, one of the region's largest luxury real estate developers, has  bagged four awards at the Africa and Arabia Property Awards hosted in Dubai, reaffirming its position as an award-winning developer of distinctive and cutting edge luxury properties. It was also nominated twice for the global International Property Awards to be held in London, UK, in December 2016.

At a lavish gala ceremony held recently at the JW Marriott Marquis Hotel in Dubai, DAMAC Properties was conferred the accolades in several categories, based on a range of criteria and judged by a panel of 70 international industry experts, including 5* awards for Best Hotel Architecture and Best Developer Website, as well as Highly commended recognitions for Golf Development and Mixed Use Architecture.

The real estate developer will be one of the representatives from the region at the acclaimed International Property Awards, which will be hosted in London in December, and be judged amongst a host of winning developers from all around the world.

Representing DAMAC Properties at the awards, Tim Fallon, Vice President for Corporate Communications commented: "These awards recognise those distinguished projects in a highly-competitive region, and are a testament to the pioneering role that DAMAC continues to play in luxury real estate. DAMAC Properties has a vast portfolio of luxury projects and we are especially proud to celebrate the recognition of two of our most desirable projects - AKOYA by DAMAC and AYKON City."

AYKON City, DAMAC Properties' latest mega-project launched earlier this year, scooped up two of the prestigious awards that recognise outstanding architecture, namely "Best Hotel Architecture" for AYKON Hotel and Hotel Apartments and "Mixed-Use Architecture" for the entire AYKON City development. The selection was made based on a host of criteria including use of space, safety precautions, aesthetics, as well as use of renewable energy. The four-tower, mixed-use lifestyle development is located in one of Dubai's most desirable locations on the arterial Sheikh Zayed Road and overlooking the Dubai Canal. The project comprises Dubai's first all-suites, 80-storey AYKON Hotel and Hotel Apartments, a 63-storey serviced hotel residences, a 60-storey apartment tower, and a 65-storey office tower.

DAMAC Properties' 42 million square foot flagship international golf course community and lifestyle destination AKOYA by DAMAC took the "Golf Development" award, on the basis of innovation, presentation of design, marketing of the project, aesthetic appeal of build, facilities available and quality of facilities, as well as sustainability and emphasis on eco-friendly build and facilities. Next month approximately 1,350 villas and apartments will be handed over to investors and the highly-anticipated golf community will continue to rapidly take shape, with further unit deliveries and completion of other elements of the masterplan community to follow.  

"We are delighted for DAMAC's success in this year's Africa & Arabia Property Awards. To be awarded across such a variety of categories is an incredible achievement, especially against this year's competition," added Stuart Shield, CEO - International Property Awards.

DAMAC Properties has also been recognised for the work it has done in creating an industry-leading online presence, by being awarded the region's best developer website, www.damacproperties.com, rated in several areas including range of features offered, design, compatibility with different platforms and ease of navigation, among other parameters.

The Africa and Arabia Property Awards is one of the most highly sought-after prizes in the Middle East real estate industry and has been running for 25 years. DAMAC Properties has been participating in these awards since 2005 and received nearly 60 recognitions from International Property Awards on both an international and Pan-Arabian level. Both AKOYA by DAMAC as well as the developer's website also received the coveted recognition in previous years.

-Ends-

Further information is available at www.damacproperties.com

About
DAMAC Properties has been at the forefront of the Middle East's luxury real estate market since 2002 - bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the upmost quality. The company's footprint now extends across the Middle East with projects in the UAE, Qatar, Saudi Arabia, Jordan and Lebanon.

As of 30th June 2016, DAMAC Properties has delivered approximately 16,000 homes. The company has a development portfolio of over 44,000 units at various stages of progress and planning, comprising more than 13,000 hotel rooms, serviced apartments and hotel villas, which will be managed by its hospitality arm, DAMAC Hotels & Resorts. With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.

Further information is available at www.damacproperties.com or join DAMAC Properties on Facebook, Twitter (@DAMACofficial) and YouTube.

For more information please contact: Tim Fallon, Vice President - Corporate Communications, DAMAC. Tel: +971 4 3731000 │ Fax: +971 4 3732335 │ Email: tim.fallon@damacproperties.com

© Press Release 2016