Leading luxury real estate developer wins Property Developer of the Year UAE 2019
Leading luxury real estate developer wins Property Developer of the Year UAE 2019
DAMAC Properties, a leading developer in the region, was selected as winner at the International Business Magazine (IBM) Awards.
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DAMAC Properties FacebookThe DAMAC Towers
The IBM Awards recognise work of exceptional global standard across industry sectors as judged by a panel of industry experts after in-depth analysis and performance assessments.
This is the first IBM Award for DAMAC, however the company has previously won various other accolades for their innovative real-estate projects, leadership, marketing, and best practices.
At a glance:
- Luxury property developer DAMAC Properties wins Property Developer of the Year UAE 2019
- Last year the company delivered a record 4,100 units in the region
- Developer described as becoming the ‘heart and soul’ of luxury living in the UAE
Last year, the brand took home the ‘Best New Project’ award for Just Cavalli Villas at the Property Finder Real Estate Awards 2018, ‘Residential Project of the Year' - DAMAC Towers by Paramount Hotels & Resorts by Construction Week Awards 2018 and the MEED Projects Awards 2018 for ‘Residential Project of the Year’ – Bay’s Edge.
The year started strong for DAMAC with deliveries of 1,500 units in the first half, and over AED 480 million worth of contracts awarded.
Along with the handovers at Ghalia - its first Sharia-compliant development - DAMAC also initiated handovers for the Claret cluster at AKOYA.
In 2018, DAMAC delivered a record 4,100 units and are looking to beat that record this year.
Senior Vice President, DAMAC Properties, Niall McLoughlin, congratulated the DAMAC team and agents.
“Our customer-centric and innovative approach to real estate is the foundation of our growth story,” he said.
“I am confident that this recognition will further fuel the enthusiasm of the entire group as we head into the future.”
Ms. Trishna Das, the Chief Editor of International Business Magazine commented: “There is no stopping this juggernaut of real estate in UAE, as DAMAC Properties is becoming the very heart and soul of luxury living in the UAE.”
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