Jumeirah Golf Estates has been honoured by Forbes Middle East as a Top Real Estate Company in the Arab World, citing its contribution to shaping the country’s landscape as key to its accolade.
Senior executives from Jumeirah Golf Estates received the award at a gala dinner at Waldorf Astoria Dubai Palm Jumeirah this week, against considerable competition from developers across the UAE.
“Forbes Middle East celebrates leading innovators in the real estate industry – so it is a great honour for us to have been selected as an organisation that is developing our region’s real estate, and in doing so is contributing to the development of a resilient and diversified economy for Dubai and the UAE,” commented Yousuf Kazim, CEO of Jumeirah Golf Estates.
The first-of-its-kind Forbes Middle East event ranked the Arab World’s Top 100 real estate companies and consultants to recognize their significant contribution to shaping the country’s real estate sector. Business leaders and the vision of top enterprises were celebrated along with their contribution to the economic development of the Arab world.
The past 12 months has been a remarkable period for the award-winning community. Earlier this year, Jumeirah Golf Estates’ world-class golf courses were listed in The World’s 100 Greatest Golf Courses by Golf Digest magazine.
In June 2016, Sumer Contracting was appointed to begin the construction of Alandalus – Jumeirah Golf Estates’ affordable luxury community of 715 apartments ahead of its 2018 completion. The community is also fast approaching the handover of multiple developments and continues with the expansion of its facilities, with the much anticipated retail centre set to launch by the end of the year.
In Q4 2016, the sold out Phase 1 Redwood Park at Jumeirah Golf Estates – a collection of three- and four-bedroom townhouses – will be handed over to residents, as Phase 2 moves ahead with construction, reaching 10% ahead of its Q4 2017 handover.