based, ICG (Islamic Conferences Group) presented the inaugural
IREF ME Awards to institutions for their excellence and
contribution to the real estate market within the GCC region.
“DAMAC Holding has grown into a major regional player in a wide
variety of businesses with 6000 employees in 18 countries. We
launched DAMAC Properties 4 years ago, and today, the property
company has grown tremendously to become Middle East´s leading
prominent private sector developer,” commented Hussain Sajwani,
Chairman, DAMAC Group.
Over 40 institutions and individuals were honored for their
outstanding contributions and achievements in various areas of
real estate. Nominees in the various categories were short
listed and selected by a panel of leading industry experts from
each of the GCC countries.
´We are delighted and proud to have won this award as the
country’s best residential developer. Recognition at the IREF ME
Awards 2006, further reiterates our leadership position in the
property marketplace,” said Mr. Peter Riddoch, CEO, DAMAC
DAMAC has recently also won three prestigious awards at the CNBC
Arabian Property Awards 2006. Property developer bagged the best
development award for ‘Oceanscape’, best architecture award for
‘Ocean Heights 2’ and the best website award for the company’s
website – www.damacproperties.com.
In 2005, the company was honored with three prestigious Bentley
International Awards in the categories of - Best UAE Development
for Marina Terrace, Best Architecture for Ocean Heights-1 and
Best Developer website at a ceremony in London.
DAMAC Properties was launched 4 years ago. In line with the
government’s introduction of freehold ownership, DAMAC was the
first to introduce iconic properties on all the freehold master
planned development launched by the Dubai and Abu Dhabi
governments. Throughout the spectrum of 52 buildings announced
to date, DAMAC Properties provides a luxury lifestyle that is
second to none. The total value of DAMAC Properties’ projects is
over US$4 Billion. It is a subsidiary of the DAMAC Holding
established in 1982.
About DAMAC Properties:
DAMAC Properties is the largest and most dynamic private sector
freehold developer in the UAE. DAMAC was the first to establish
a presence on every master planned development launched by the
Dubai Government, and today, the company has over 20 residential
towers under construction, valued at over AED 10 Billion.
DAMAC Properties's contact details:
Phone: +9714 332 2005
Fax: +9714 331 1028
"SteelFab will witness the Middle East's largest display of
Italian steel working machinery," said Saif Al Midfa,
director-general of Expo Centre Sharjah.