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Damac wins big at Arabian Property Awards

Dubai, October 25, 2011

Dubai-based luxury developer Damac Properties has won five major awards at the Arabian Property Awards.

Damac Properties’ luxury tower Al Jawharah in Saudi Arabia was successful in the Best High Rise Architecture category, while the developer’s Park Towers project in the DIFC won three awards for; Best High Rise Architecture, Best Mixed-Use Development, and Best Commercial High Rise Development.

The company’s website damacproperties.com also received an award for the Best Developer Website. The judging panel consisted of more than 80 industry professionals.

“Damac Properties has swept the Arabian Property Awards across a range of categories for the sixth consecutive year now, which reaffirms our position as one of the leading regional developers, and one of the most highly regarded developers in the world,” said Niall Mc Loughlin, senior vice president of Damac Properties.

“These are the most distinguished awards in the real estate industry globally, and our continued success is a reflection of our commitment to providing superior quality developments across the Middle East and beyond,” Mc Loughlin added.

Damac Properties’ Al Jawharah project is situated on the Jeddah Corniche, facing the Red Sea. At 47 storeys high, it will be one of the tallest developments in Saudi Arabia’s cosmopolitan ocean-front city.

“Al Jawharah is one of Damac Properties premium developments, and we were quietly confident that it would perform strongly in the awards this year. We were also very pleased with receiving three awards for Park Towers in the DIFC. We entered Park Towers in three categories, and won in every section,” Mc Loughlin added.

The awards presentation and Property Awards Business Summit will take place on November 16 and 17 at the Burj Al Arab in Dubai. The event is part of the International Property Awards, which is now in its 17th year.

Later this year, the highest scoring winners from the Arabian Property Awards will compete against other winning companies from Asia Pacific, Africa, the Americas and Europe to determine the ultimate ‘World’s Best’ in each category. – TradeArabia News Service




Tags: Dubai | Damac | Arabian Property Awards | Luxury developer |

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