Jumeirah Golf Estates wins prestigious international property award

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The full extent of its success will be revealed at a gala dinner at the Madinat Jumeirah five-star hotel in Dubai on Tuesday, 23rd October.

The CNBC Arabian Property Awards 2007 recognise the highest levels of achievement in a range of fields in the Arabian residential property industry.

Entries were judged by a highly-distinguished panel of professionals. Chaired by Eric Pickles, British Shadow Secretary of State, this year's judges included Jonathan Price, president of the International Real Estate Federation (FIABCI), Omer Ghani, director of sales, CNBC Arabiya, and Christopher Hall, immediate past president, National Association of Estate Agents.

Jumeirah Golf Estates will now be entitled to display the CNBC Arabian Property Awards' logo in its marketing materials. This symbol of excellence will be recognised and appreciated by the public who are becoming increasingly well informed and discerning about the properties they seek to buy.

Jumeirah Golf Estates' public relations company, Four Communications, has also won a CNBC Arabian Property Award, in the Best Property PR Company category, thanks to a series of case studies of its work for Jumeirah Golf Estates and its sister companies.

David Spencer, chief executive of Jumeirah Golf Estates, said of the forthcoming award:

'It's always fantastic to be recognised by the best in the industry. At Jumeirah Golf Estates we're aiming to create the best golf development in the region and one of the best in the world. Today's announcement shows that we're on the right track.

'I'd like to thank the judges for their support and we're looking forward to entering again next year as Jumeirah Golf Estates develops even further.'

Jumeirah Golf Estates has brought together the world's leading golfing and course design superstars, to create Dubai's premier residential golfing community. Greg Norman, Vijay Singh, Sergio Garcia and 'the father of modern golf course design', Pete Dye, are working on creating one of the world's most distinctive golf developments.

Four courses - Fire, Earth, Water, and Wind - will pay tribute to the power of nature, each employing the distinctive characteristics of its own surroundings to deliver a unique challenge. They will be surrounded by the most desirable residential communities in Dubai, with luxury homes characterised by beautiful space both inside and out.

Jumeirah Golf Estates is owned by the real estate business unit of Istithmar PJSC, the investment company of Dubai World.