DAMAC Properties Wins World’s Best at Influential Industry Awards 2014


Luxury Real Estate developer DAMAC Properties has been presented with the ‘world’s best’ award during the international property awards industry conference. The company’s iconic tower, DAMAC Heights – which is currently at level 47 in the Dubai Marina district – was singled out as having the ‘Best International Residential High-rise Architecture’ at the International Property Awards.

It is the second year in a row that one of DAMAC Properties’ projects took the number one global title, after its AKOYA by DAMAC master development, was named ‘world’s’ best golf development’ during a ceremony in London last December.

At the VIP event at the Madinat Jumeirah, DAMAC Properties received one of the biggest hauls of trophies during the night, collecting 14 awards in total, including three 5* awards, which recognize the very best projects across Arabia. DAMAC Properties was recognized for the ‘Best Golf Course’ in Dubai for its Trump International Golf Club, Dubai, and for the high quality and ease of use of its website, damacproperties.com.

“The International Property Awards are the litmus test for the highest quality and most luxurious projects around the world and therefore it’s a great privilege to receive the top award for a second year in a row,” said Niall McLoughlin, Senior Vice President, DAMAC Properties. “As a company we always strive to bring new and iconic design elements to every project we undertake – design which not only looks stunning, but also is practical and efficient.”

Construction on DAMAC Heights has currently reached the 47th floor, with the full tower topping out at 86 floors when it is completed in 2016. The iconic tower includes DAMAC Residenze, a selection of unique units with interiors by the Italian fashion house, FENDI Casa. Set on the top 40 floors of the tower, the opulent living areas will look out over both the Palm Jumeirah and out across the Dubai Marina.

DAMAC Properties works with a number of globally-recognised brands to bring to life a new and exciting living experience. Current brand partners include Versace, Paramount Hotels& Resorts and The Trump Organisation.

The company has launched a variety of hotels and luxury serviced living concepts in Dubai, Saudi Arabia and the wider Middle East in recent years, as well as enhancing its private residential apartments and launching two master developments, AKOYA by DAMAC and AKOYA Oxygen which will both house a stunning golf course, managed by the Trump Organisation.

DAMAC Properties recently announced that it has appointed golfing icon Tiger Woods to design the Trump World Golf Club, Dubai, which will run through the heart of its 55 million sq ft AKOYA Oxygen project in Dubailand.

Established in 2002, DAMAC Properties has delivered almost 12,000 units to date and currently has a development portfolio of over 39,000 units at various stages of progress and planning as of September 30th 2014, which includes over 10,000 hotel rooms and serviced hotel apartments.
The full list of the awards collected by DAMAC Properties at this year’s Property Awards event is as follows:

International Property Awards: World’s best:
1. Best International Residential High-Rise Architecture for DAMAC Heights / DAMAC Residenze

Arabian Property Awards: Best In Arabia:
1. Best Residential High-Rise Architecture Dubai – DAMAC Heights / Residenze
2. Best Golf Course Dubai- Trump International Golf Club, Dubai
3. Best Developer Website, damacproperties.com

Arabian Property Awards: Best In Dubai:
1. Best Golf Course Dubai – Trump International Golf Club, Dubai
2. Best Residential High-rise Architecture Dubai – DAMAC Heights / Residenze
3. Best Developer Website – damacproperties.com

Highly Commended:
1. Golf Development Dubai – AKOYA by DAMAC
2. Residential High-Rise Development Dubai – DAMAC Towers by Paramount
3. Development Marketing Dubai – AKOYA by DAMAC (The Trump Estates)
4. Architecture Multiple Residence Dubai – DAMAC Towers by Paramount
5. Hotel Interior Dubai – DAMAC Towers by Paramount
6. Interior Design Apartment Dubai – DAMAC Heights / Residenze
7. Interior Design Saudi Arabia – DAMAC Esclusiva

Further information is available at damacproperties.com


About DAMAC Properties:

For over a decade, the rich and diverse real estate portfolio of DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market. With an enduring passion for design and quality, the company has built a reputation for creating some of the most iconic and desirable properties in the UAE, Qatar, Saudi Arabia, Iraq, Jordan and Lebanon.

Established in 2002, DAMAC has delivered almost 12,000 units to date and currently has a development portfolio of over 39,000 units at various stages of progress and planning as of September 30th 2014, which includes over 10,000 hotel rooms and serviced hotel apartments.

Always at the forefront of visionary concepts, DAMAC has relationships with Paramount Hotels & Resorts, (the official licensee of Paramount Pictures), Italian fashion houses Versace Home and FENDI Casa for branded residential apartments & villas and The Trump Organisation for the development & operations of the Trump International Golf Club, Dubai and The Trump Estates within the AKOYA by DAMAC development.

In Mid-2013, DAMAC Properties introduced the ‘AKOYA by DAMAC’ master plan development in Dubai. This includes mansions, villas, luxurious apartments and a retail centre all surrounding ‘The Trump International Golf Club. Within the AKOYA by DAMAC, living experiences include ‘The Trump Estates’, a limited collection of 100 luxurious mansions. Also set within the heart of the community is a global first, with the launch of FENDI fashion-styled villas. AKOYA by DAMAC is also the home of Golf Veduta – serviced hotel apartments and DAMAC serviced Villas by Paramount Hotels and Resorts.

Following the unprecedented success of AKOYA by DAMAC, AKOYA Oxygen was launched in August 2014. The 55 million sq ft development in Dubailand and will include the most lush, green living area in the region with more than 4,000 trees. The project also includes a five-star international Hotel, a luxury desert-style wellness centre, globally-recognised retail brands, leisure & entertainment offerings, and organic market places all set within beautiful manicured and peaceful landscaping.

As a global leader in branded real estate, the company is also developing a US$1 billion hotel and luxury serviced residences in the Burj Area of Dubai, called ‘DAMAC Towers by Paramount’, which will comprise the first Paramount Hotel & serviced Residences in the region.

Within the hospitality sector, DAMAC’s in-house hospitality team is responsible for managing the Company’s growing portfolio of over 10,000 units of leisure assets in its serviced hotel apartment developments. The division provides complete hospitality management through its own hospitality operating brands ‘DAMAC Maison Hotels and Hotel Apartments and NAIA by DAMAC.

As DAMAC continues to innovate and bring new concepts to the market, the Company is determined to build on its powerful performance to date. With vision and momentum, DAMAC is building the next generation of Middle East luxury living.

In addition to support services provided by the Dubai headquarters, the company’s comprehensive Customer Care Program provides solutions through its network with offices in the UAE, Jordan, Iraq, Lebanon, KSA and Qatar.

Further information is available at damacproperties.com or join DAMAC Properties on Facebook, Twitter (@DAMACOfficial) and YouTube.

For more information please contact: Niall McLoughlin, Senior Vice President – Corporate Communications, DAMAC. Tel: +971 4 3732190 │ Fax: 00 9714 3732335

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