The UAE’s biggest real estate players walked away with the biggest prizes at the first ever Arabian Business Real Estate Awards held on Monday night, at the Ritz Carlton, DIFC.
Wasl Properties received the “Pioneers of Real Estate Award”, for its management of over 25,000 residential and commercial properties in Dubai.
The judges commended Wasl for being “an incredible story and an incredible company.”
Dubai Properties won “Outstanding Contribution to Real Estate (Company), while MAG Group founder Moafaq Al Gaddah won the Outstanding Contribution award by an individual.
Gaddah also took the “Innovation Project of the Year” award for MAG Creek Wellbeing Resort, by MAG Lifestyle Development.
Damac’s Hussein Sajwani was voted “Real Estate Legend” while other big winners included Ellington Group for “Innovation Company of the Year”, Azizi for Developer of the Year (UAE) and RAK Properties for Developer of the Year (Northern Emirates).
ARADA was named Master Developer of the Year. Bahrain’s Faisal Faqeeh won Visionary of the Year, and Jewelz by Danube took Best Branded Project.
The winners’ list in full:
Best REIT in the GCC: Equitativa Group
Software Management Company of the Year: Yardi Systems Ltd
Real Estate Brokerage of the Year: Sotheby’s
Architectural Design Firm of the Year – VX STUDIO
Developer of the Year – Northern Emirates: RAK Properties
Developer of the Year: Azizi Developments
Best Waterfront Project: Sharjah Oasis
Best Industrial Project: Sharjah Asset Management
Innovation Project of the Year: MAG Lifestyle Development
Best Residential Project: Serenia, The Palm
Real Estate Broker of the Year, UAE: Allsopp & Allsopp
Off Plan Project of the Year: Oriental Pearls
Best Branded Project: Jewelz by Danube
Best Design: J One
Fastest Growing Company of the Year: Binghatti
Innovation Company of the Year: Ellington Group
Master Developer of the Year: Arada
Real Estate Legend: Hussain Sajwani
Visionary of the Year: Faisal Faqeeh
Outstanding Contribution: Moafaq Al Gaddah
Outstanding Contribution (Company) – Dubai Properties
Pioneers of Real Estate: Wasl Properties
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