DAMAC scoops five CNBC Arabian Property Awards 2008

DAMAC won the award in all the five categories that it entered. The awards will be presented in a glittering gala dinner to be held at The Madinat in October this year.

Marina Bay won the award for the Best High-rise Architecture, Hyde Park was judged the Best Development, Marina Bay won the award for Best Marina Development, DSF Promotion was adjudged best in Property Marketing Awards and for the third consecutive year in a row, the Best Developer Website Award for the website - www.damacproperties.com.

Commenting on the stupendous news, Peter Riddoch, CEO, DAMAC Properties said:

"We are extremely proud to have been announced winners this year again. Emerging as winners at the CNBC Arabian Property Awards is a matter of great honour for any property developer in the region."

Last year DAMAC Properties won 'Best High Rise Development Award for La Residence at the Lotus and the 'Best Website Award for www.damacproperties.com.

He added, "After winning two awards at the CNBC Arabian Property Awards last year, a total of five awards this year clearly reaffirms our commitment in providing world-class and unique properties coupled with excellent marketing and communication initiatives. We are optimistic that we will continue to receive many more in the coming years".

The CNBC Arabian Property Award aims to distinguish and position a property provider with the highest levels of achievement in a range of property related fields.

The fact that DAMAC Properties earned one of these coveted awards is a sure proof that the UAE can not only compete but also triumph within the highly competitive Arabian property arena. Having been given this high recommendation by its peers, the company is now entitled to display the CNBC Arabian Property Awards' logo with pride. 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.

The entries for the awards were judged by a panel of professionals whose collective knowledge of the property industry is second to none and unsurpassed by any other property awards. Chaired by Eric Pickles, British Shadow Secretary of State, this year's judges included Helen Shield, editor-in-chief of International Homes magazine; Peter Bolton King, chief executive of the National Association of Estate Agents; Phil Spencer, property expert and presenter of Channel 4's Location and Relocation TV shows; Imtiaz Farookhi, chief executive of the National House Building Council; Christopher Hall, past president National Association of Estate Agents; Wilhelm Harnish, Master Builders of Australia (MBA); Thijis Staff, International Consortium of Real Estate Agents Association (ICREA); Alejandro Escurdero, SIMA; Kirkor Ajderhanyan, French Real Estate Federation (FNAIM); Omer Ghani, director of sales, CNBC Arabia; Ed Binkley, BSB Design USA; Samantha Braniff, Sydney Morning Herald; Raul Curiel, chairman, European Operations, Aukett Fitzroy Robinson; Tyler Clay, FIABCI USA; Hans-Ulrich Berendes, FIABCI Germany; Oliver Richards, founding partner, ORMS Design; Christian Kalin, partner, Henley & Partners Zurich; Graham Norwood of the Daily Mail; David Hoppit, property writer; Jill Keene, editor of International Homes magazine; Diana Yakely, chairman British Interior Design Association; and Tad Zurlinden, Association of Relocation Professionals.