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DAMAC Properties dominates Arabian Property Awards
Published in The Saudi Gazette on 18 - 11 - 2015

DAMAC Properties has reaffirmed its position as one of the leading luxury real estate developers in the region, after collecting nine awards at the Arabian Property Awards hosted in Dubai. The company was recognized across a host of areas, including awards for: Best Hotel Interior, Best Leisure Development, Best Developer Website and Best Golf Course, among many others.
DAMAC Properties will now represent the region at the International Property Awards, which will be hosted in London, UK, next month.
Paramount Tower Hotel & Residences, the company's latest hotel and hotel apartment's project in collaboration with Paramount Hotels & Resorts, was a big winner on the night, collecting a 5-star award for best Hotel Interior and being selected to represent the region in the international awards.
The Trump World Golf Club, Dubai — currently under development at the 55 million square foot lifestyle community, AKOYA Oxygen, was named as the best golf course in the region and will also vie for the title of the ‘world's best' next month. In 2013, the Trump International Golf Club, Dubai won the coveted title.
DAMAC Properties has also been recognized 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.
Other 5-star winners on the night were Vista Lux, which was named the best leisure development for Dubai, and The Drive at AKOYA which was highly commended in the ‘Retail Development, Dubai' category.
"These awards are due recognition of the levels of quality and luxury we aspire to every day," said Niall McLoughlin, senior vice president, DAMAC Properties. "The Arabian Property Awards recognize only the very best projects in the market, so we are very pleased to be so highly rewarded in such a competitive region."
The Arabian Property Awards are one of the most highly sought-after prizes in the Middle East real estate industry and have been running for more than 20 years.
As of Sept. 30, DAMAC Properties has delivered 14,375 homes and has a development portfolio of over 37,000 units at various stages of progress and planning. Included are more than 10,000 hotel rooms and serviced hotel apartments under development, which will be managed by its hospitality arm, DAMAC Hotels & Resorts.
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. With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.


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