The leading developer was honoured in front of nearly 300 real estate leaders at the Gulf Real Estate Awards

Dubai, April 20th, 2017 

Enshaa PSC, real estate developer and leading hospitality service provider, was presented with two awards at this year’s Gulf Real Estate Awards. While the first accolade was given for the Best Real Estate Project (Palazzo Versace Dubai), the second one was bagged for Best Overall in Real Estate and was handed by His Excellency Sultan Butti bin Meiren, Director General of Dubai Land Department. 

Enshaa PSC were established in 2007 with the vision of developing premium-quality commercial, residential and hospitality projects in the United Arab Emirates. The company is behind some impressive landmark projects, including Emirates Financial Towers, The Capital Club, and D1 Residential Tower.

Enshaa PSC are also behind Palazzo Versace Dubai, a luxury urban resort located on the fore-shore of the Dubai Creek, Dubai, United Arab Emirates. From gold ceilings to marble floors and columns, the 215-room hotel has been custom-made to represent Versace’s unique lifestyle. Billed as 'the most luxurious property in the Middle East,' the five-star Palazzo Versace embraces Versace’s Artistic Director - Donatella Versace- style, creating a lifestyle experience that is the ultimate in Italian luxury.

Commenting on the awards, Raza Jafar, CEO of Enshaa PSC, said: “We are honoured to have received awards for the ‘Best Real Estate Project’ and ‘Best Overall in Real Estate’ and I would like to offer my sincerest gratitude to the Dubai Land Department, the Gulf Real Estate Awards and the expert judging panel for this recognition. If you look at Enshaa PSC and our developments overall, you will see that we are constantly striving for excellence. These prestigious industry awards are not the only testament to Palazzo Versace Dubai’s ability to set new standards of luxury living in the region, but also serve as encouragement for us to continue striving for the type of excellence that is central to all of our developments.”

The most prestigious real estate gathering in the region, the Gulf Real Estate Awards, which granted awards across 21 different categories, celebrate and recognise the very best operators in the industry and are the only accolades open to every professional and real estate group across the industry in the region. Attended by the region’s leading entrepreneurs, developers, bankers, investors and business leaders, the awards ceremony offers a unique opportunity for industry professionals to network and exchange ideas.

“The region continues to be one of the most attractive investment destinations for global investors, a fact that can be attributed to the incredible business-friendly environment and entrepreneurial spirit that has been fostered by the region’s leadership and government; one that has also allowed us to grow as one of the region’s premier developers of commercial, residential and hospitality property. We are honoured to be playing a part in the future growth and development of the region, and we accept these awards with a renewed commitment to quality and innovation,” Raza Jafar added.

Enshaa PSC were up against the Gulf region’s finest real estate organisations, competing for a total of 21 awards. Over 100 entries were whittled down to a few dozen finalists, each of whom had to present their case in person to a panel of judges the day before the awards. The open presentation sessions of the finalists also offered a rare insight into how the industry's finest are achieving success and driving innovation.

Mark Hamill, Managing Director of Awards International UAE, said: “Having a fully transparent awards process is essential for all our events - knowing you have beaten the best on merit alone does wonders for individuals and companies. Along with their award, our winners take home huge amounts of credibility when you take into account the high volume and quality of entries we received.”

Enshaa PSC through its partnerships is known for pushing the boundaries of excellence in real estate and hospitality sector.

-Ends-

© Press Release 2017