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Press release
23 November 2015
Leading UAE developer voted tops in hotel, architecture, retail, residential categories for its RAK portfolio
Al Hamra Real Estate Development (AHRED), was recognised at the Arabian Property Awards 2015, during a glittering gala ceremony at the JW Marriott Marquis, Dubai on 12th November, where Ras Al Khaimah’s largest developer, picked up no less than six awards for its current real estate portfolio.
“To be recognised in six separate categories, for our innovative architecture, use of technology, sustainable design and environmentally friendly masterplan, is testimony of Al Hamra’s capabilities to design and deliver innovative projects. It clearly demonstrates our commitment to developing world-class communities that continually raise the bar in terms of design and function,” said Barry Ebrahimy, Head of Commercial, Al Hamra Real Estate Development.
The prestigious ‘Hotel Architecture’ category was awarded to the five-star luxury, beach-front Waldorf Astoria Hotel, which will now compete on the global stage in London where the World’s Best international winners will be revealed.
The top award for the ‘Mixed-Use Architecture’ category was bestowed upon Al Hamra’s flagship development, the one billion dollar Falcon Island project, located next to Waldorf Astoria. Launched in 2014 and due for handover in 2017, the 2.2 million-square-foot island project is located within the natural lagoon that forms part of the Al Hamra Village complex and comprises a collection of just 150 luxurious five to eight-bedroom Canal, Beach and Park residences.
The Falcon Island win was closely followed by a ‘Retail Architecture’ category award for its Manar Mall, shopping complex, which is currently under an impressive renovation and expansion plan. Next in line were two awards for its popular Al Hamra Village community, which bagged the ‘Architecture Multiple Residence’ and ‘Golf Development’ categories.
The final award was given to Royal Breeze Residence which scooped the ‘Residential High-Rise Development’ category award. The development offers a shoreline lifestyle spread across five residential towers with apartments and penthouses offering 42 up to 670-square metres of space, complemented by stunning Arabian Gulf or scenic golf course views.
“Exceptional value-for-money, sustainable rental rate increases and quality construction and fittings are the cornerstone of Al Hamra’s offering. Not only do we provide an idyllic family-friendly setting for homeowners we’re also an extremely popular choice for investors with a range opportunities available across our portfolio,” added Ebrahimy.
The Arabian Property Awards are part of the long established International Property Awards, recognised as one of the most prestigious accolades in the residential and commercial property industries. Following a stringent judging process, held in London, involving a panel of 80 international experts and presided over by two members of the UK House of Lords, Al Hamra was rewarded with the most significant building projects in the region.
Commenting on the quality of entries, which came from 12 countries across the region, Stuart Shield, President of the International Property Awards, said: “Once again, Arabian developers have excelled in this competition by entering a select number of simply stunning developments. These projects are architecturally innovative, aesthetically beautiful, highly functional, eco-friendly and feature state-of-the-art technology.”
Following its Arabia Property Awards success, AHRED will have the opportunity to compete against other winning entries from Africa, Europe, Canada, the Caribbean, USA, Central & South America, the UK and Asia Pacific to find the ultimate World’s Best in each award category in the 2015/6 International Property Awards.
