Emaar awarded ‘Leader in Real Estate’
Developer recognised for contribution property market
Emaar Middle East has won the ‘Leader in Real Estate’ award at this year’s Arab Investment Summit, in Abu Dhabi.
The award recognised the company’s outstanding operations and best practices within the property sector of Saudi Arabia.
“We are honoured to receive the Arab Investment Summit award,” said Eng. Ahmad Al Kulli, general manager of Emaar Middle East who accepted the award on behalf of the developer.
“This underscores our commitment to upholding the highest standards in project management across all our developments in Saudi Arabia,” he continued.
Emaar Middle East is developing three community projects to meet the growing demand for homes in Saudi Arabia.
Jeddah Gate is a mixed-use project for residential and commercial units with 75,000 sq m of gross leasable area for retailers including food and beverage outlets; Al Khobar Lakes is a luxury lakefront development featuring picturesque and serene water bodies and the Emaar Residences are at the Fairmont Makkah.
Homes in Jeddah Gate and Al Khobar Lakes will be handed over this year marking the evolution of full-fledged communities.
The second annual Arab Investment Summit focused on highlighting various investment opportunities in fast-growing Arab world markets.
Saudi Arabia is currently focusing on massive infrastructure developments including housing projects, designed to meet the needs of the growing population.
“With the Kingdom currently focusing on enhancing its housing infrastructure, the award positions us as a leader in creating integrated neighbourhoods that bring a new lifestyle choice to Saudi residents,” Kulli added.
