Dubai, UAE, November 2, 2006: Global real estate major Emaar Properties has won Construction Week’s ‘Developer of the Year’ award for its adherence to build quality, aesthetics, timely delivery and evidence of intelligent master-planning.
Mr Ahmad Al Matrooshi, UAE Managing Director of Emaar Properties received the award from Mr Grahame McCaig, General Manager and Mr Zeyad Baker, Deputy General Manager of Dutco Balfour Beatty who sponsored the award category, at the function held earlier this week at Al Murooj Rotana, Dubai.
Construction Week is an industry-focused publication by ITP, the largest business and consumer magazine publisher in the Middle East. The ‘Developer of the Year’ award is a new addition to the Construction Week Awards. Now in its third year, the awards celebrate innovation and excellence in the construction industry.
“The Developer of the Year Award from Construction Week, an industry-specific publication, is a great honour for Emaar,” said Ahmad Al Matrooshi. “Judged by experts in the construction sector, the award reiterates the emphasis Emaar places on the quality of build of its projects, the overall aesthetics and incorporation of sustainable construction techniques.”
Submissions came from real estate companies in the GCC involved in the construction of residential, commercial or industrial projects. The winners were selected by a high-profile panel of construction industry experts by consensus.
The pioneer of master-planned communities in the UAE, Emaar has handed over more than 14,500 homes in Dubai through its various projects including the Arabian Ranches – a premier collection of homes set by the desert; the Dubai Marina – the largest waterfront development of its kind in the region and a collection of neighbourhoods including The Lakes, The Springs, The Meadows, The Views, Emirates Hills and Hattan Homes. Emaar is developing the AED 73 billion (US$20 billion) Downtown Burj Dubai, a mixed-used development in the heart of the city. At its epicenter is Burj Dubai, billed to be the world’s tallest tower when completed in 2008.
As part of its Vision 2010 to become one of the most valuable companies in the world, Emaar has announced several development projects in Saudi Arabia, Syria, Egypt, Morocco, Tunisia, Turkey, India and Pakistan. The company has also diversified into education, healthcare, retail, hospitality and finance.
