Middle East's Leading Luxury Developer Scoops Six Prizes at Arabian Property Awards
Dubai, United Arab Emirates, 27 October 2013: DAMAC Properties has cemented its place as one of the leading luxury developers in the region by scooping six top industry awards at the Arabian Property Awards.
The company has been recognised by the Arabian Property Awards across a range of categories including: Best Interior Design Apartment, Best Residential High-Rise Development, Best Golf Course Development, Best Developer Website and Best Development Marketing.
It comes fresh on the back of two awards for DAMAC Properties Chairman, Hussain Sajwani, who was named Real Estate CEO of the Year and Middle East Property CEO of the Year at recent ceremonies.
The recently launched 28 million sq ft AKOYA by DAMAC golf community, located off Umm Sequim Road, won the 'best golf course development in Arabia' and will now compete at the International Property Awards in London against golf projects from all around the world. The master development is being developed around the Trump International Golf Club, Dubai - the first golf course to be managed by the Trump Organization in the whole of the Middle East and Asia.
DAMAC Towers by Paramount, the US$1 billion project in the heart of the Burj Area of Dubai was another of the big winners; winning in the 'best high-rise development' award and 'best marketing' category. The four-tower development, which stretches more than 250 metres into the air, offers one, two and three bedroom serviced hotel residences managed by DAMAC Maison, the hospitality division of DAMAC Properties, and one tower comprising of the Paramount Hotel & Residences.
DAMAC Esclusiva, the 150 metre high tower in the Kingdom of Saudi Arabia, also won in the 'best interior design apartment', for the opulent, yet refined finishes in collaboration with the Italian fashion house, FENDI. The state-of-the-art project, which is currently under construction and set to be completed in 2016, is a contemporary FENDI space inspired by Oriental tradition.
Also collecting the honours was DAMAC Properties' website, www.damacproperties.com, which was recognised for a ninth year at the Arabian Property Awards, as one of the best sites across all developers.
"These accolades reflect the hard work and commitment to quality DAMAC Properties has shown over the past year. It cements our leadership position for driving the resurgence in the real estate market," said Niall McLoughlin, Senior Vice President, DAMAC Properties. "The Arabian Property Awards are a great litmus test for the very best in the industry and it is an honour to be so comprehensively recognised once again."
The Arabian Property Awards are one of the most highly sought-after prizes in the Middle East real estate industry, recognising the very best quality and delivery across the market. The awards were presented during a VIP gala dinner at the One & Only Royal Mirage in Dubai.
DAMAC Properties has been one of the most active developers over the past year, driving the momentum and delivery of projects across the region. The company has completed 8,887 units and also has a further 23,788 units at various stages of progress and planning across the Middle East region.
Further information is available at www.damacproperties.com
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About DAMAC Properties:
DAMAC Properties was established in 2002, as a private, residential, leisure and commercial developer in Dubai and the Middle East. In the past decade, DAMAC Properties has expanded rapidly into Iraq, Jordan, Lebanon, Qatar and Saudi Arabia.
DAMAC Properties has completed 8,887 units to date and has a further 23,788 units at various stages of progress and planning across the Middle East region.
In May 2013, DAMAC Properties introduced the 28 million square foot 'AKOYA by DAMAC' master plan development off Umm Sequim Road in Dubai. The project includes mansions, villas, luxurious apartments and a retail centre all surrounding an 18-hole Championship Golf Course 'The Trump International Golf Club, Dubai' which is the 15th course globally managed by the Trump Organisation and their first in the region.
Within the AKOYA by DAMAC golf course community, featured products include 'The Trump Estates', a limited collection of only 100 luxurious mansions located in the most desirable locations of the development. Also set within the heart of the community is a global first, with the launch of FENDI fashion-styled villas using FENDI Casa designs and influences, these villas offer a new concept of refined living. AKOYA by DAMAC is also the home of Golf Veduta - serviced hotel apartments with a rental return guarantee for buyers and DAMAC serviced Villas by Paramount Hotels and Resorts.
As a global leader in branded real estate, the company is also developing a US$1 billion hotel and luxury serviced residences in the Burj Khalifa area of Dubai, called 'DAMAC Towers by Paramount', which will comprise the first Paramount Hotel & Residences in the region and DAMAC Maison serviced units - Paramount co-branded serviced hotel residences.
In October 2011, DAMAC Properties launched its hospitality division, DAMAC Maison, which will provide bespoke hospitality services to residents in 7,351 serviced hotel apartments by the end of 2016.
DAMAC Properties reinforced its position as the region's premium developer with the launch of 'DAMAC Tower' in Beirut, Lebanon. A 28- storey iconic tower, this project is in association with Italian design group, VERSACE, with all interiors being designed by Versace Home. This was followed by the DAMAC Residences with Interiors by Versace Home, in Jeddah, Saudi Arabia.
Extending its collaborations with luxury Italian fashion houses, DAMAC Properties is developing luxury serviced hotel apartments in 'DAMAC Esclusiva' in Riyadh and private apartments in 'DAMAC Residenze' in Dubai Marina, with interior designs by FENDI Casa.
DAMAC Properties projects are located in, or create, the most desirable and exclusive locations and are built to the highest quality specification that has become synonymous with the group.
In addition to support services provided by the Dubai headquarters, the company's comprehensive Customer Care Program provides solutions through its vast network with offices in the UAE, UK, Jordan, Iraq, Lebanon, Egypt, KSA and Qatar.
Further information is available at www.damacproperties.com or join DAMAC Properties on Facebook, Twitter (@DAMACOfficial) and YouTube.
For more information please contact: Niall McLoughlin, Senior Vice President - Corporate Communications, DAMAC. Tel: +971 4 3732190 │ Fax: 00 9714 3732335 │Email: niall.mcloughlin@damacgroup.com
© Press Release 2013
