Dubai Towers scoops prestigious property award

Sama Dubai, the international real estate investment and development arm of Dubai Holding, today announced its Dubai Towers-Doha project has won honours in three categories at the coveted CNBC Arabian Property Awards 2008.

The prestigious awards for Property Marketing, High-Rise Architecture and Best Developer Website, will be presented to Sama Dubai at a gala dinner to be held on 19 October at The Madinat Jumeirah in Dubai.

Farhan Faraidooni, Executive Chairman of Sama Dubai, said:

“We are proud our brand is synonymous with success in the regional and global markets. The prestigious awards for our Dubai Towers portfolio further consolidate our status as an international real estate master developer. Such coveted recognitions motivate us to expand our horizon and strive harder in our commitment to exceed expectations.”

Chaired by Eric Pickles, British Shadow Secretary of State, the awards’ panel comprised eminent global real estate experts, including design and architecture consultants.

Faraidooni added:

“The awards reiterate the UAE’s relentless pursuit of excellence. It also gives our brand higher credibility, allowing us to run the distinctions across all our marketing and communications strategy. In addition, investors will also be confident of making a informed decisions while selecting Sama Dubai as their master developer of choice.”

Earlier this year, CThe LagoonsC, a freehold, mixed-use project being developed by Sama Dubai, won two awards at Cityscape Abu Dhabi 2008. The Best Mixed-Use Development award was presented to CThe LagoonsC for its unique concept, components, overall planning and vision, while the Best Corporate Social Responsibility award was given in recognition of its vigorous efforts to preserve and enhance wildlife at the Ras Al Khor Wildlife Sanctuary.

Sama Dubai launches construction on QAR 2.3 Bn ‘Dubai Towers’ in Doha, Qatar

Sama Dubai, the international real estate investment and development arm of Dubai Holding, has commenced infrastructure work on the QAR 2.3 (Dh20) billion mixed use corporate towers - ‘Dubai Towers - Doha’. Ongoing construction work includes advanced enabling (substructure) works and tower piling. Podium piles have already been installed, with the main structure ‘building’ works scheduled to commence in the first half of 2007.

Located on the Corniche in the West Bay area of Doha, the project is set to be one of Qatar’s iconic landmarks and a prominent feature of Doha’s new skyline. The mixed-use corporate towers have been conceived to deliver the complete corporate experience in the heart of Doha’s bustling new business district. Projected to reach a soaring height of 435 meters, ‘Dubai Towers - Doha’ will help enhance the city’s diverse offerings and cosmopolitan character. Providing premium corporate real estate facilities with services and amenities catering to the local and regional business community, the towers will meet the rising demand for first-rate office space, quality residential units and hotel rooms.