15 November 2009 - Abu Dhabi:  Sorouh Real Estate PJSC, one of Abu Dhabi's leading real estate developers, is delighted to announce that its Gate Towers project has been awarded "Best High Rise" by The International Residential Property Awards. The Award follows the recent success at the CNBC Arabian Property Awards where Sorouh was the only UAE based developer to receive three five star awards and two international nominations.

The awards are held in association with CNBC Arabia and celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry from around the world.

The Gate Towers were competing against some of the world's best residential high rise developments - the winners of the corresponding awards for the Americas, Asia Pacific, Africa, UK and Europe.

Gurjit Singh, Chief Operating Officer of Sorouh said,

"We are thrilled that The Gate Towers have been measured against the most prestigious projects from around the world, and that they have been awarded for setting the global standard in residential high rise developments.

"Those in Abu Dhabi will be able to see the impressive work that has gone into the 'place making' of the two iconic Sun and Sky Towers, part of The Gate Towers. The towers are now nearing completion and will be handed over to customers next year."

-Ends-

About Gate Towers
The Gate Towers sits at the entrance of SHAMS Abu Dhabi, and will have a stunning presence on Al Reem Island's skyline. It comprises eight buildings of ambitious scale, among them the 74-storey mixed-use Sky Tower and the 65-storey, exclusively residential Sun Tower. Sky and Sun will command breathtaking panoramic views across the Arabian Gulf and Abu Dhabi Island.

About the International Residential Property Awards
The International Property Awards are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry. An International Property Award is a world-renowned mark of excellence.

The awards are split into regions covering the Americas, Asia Pacific, Europe & Africa, Arabia and UK. Participants enter at their relevant national level and are judged by a highly experienced team of professionals who cover the whole range of property disciplines.

The highest-scoring winners from each region are automatically entered into the overall International Awards, which ultimately determine the world's finest property companies.

The panel of judges for 2009 is chaired for the tenth year by the Editor-in-Chief of International Homes, Helen Shield, along with distinguished experts in the field of property, design and construction, property writers and fellow sponsors.

About Sorouh Real Estate PJSC
Abu Dhabi-based Sorouh Real Estate PJSC is one of the UAE's leading property companies, with more than AED 70 billion worth of projects in planning or under development in the UAE and internationally. Established in June 2005 with a capital of AED 2.5 billion, Sorouh is now one of the largest real estate developers listed on the Abu Dhabi Securities Exchange.

Sorouh is developing some of the region's most important real estate projects in close cooperation with the Abu Dhabi Government and its Plan Abu Dhabi 2030. These projects include:

SHAMS Abu Dhabi, a self-sustaining city on Reem Island with investment zone status, featuring unique projects such as SHAMS Gate which include the Sky and Sun Towers.

Alghadeer, a mixed-use community with investment zone status conveniently situated between Abu Dhabi and Dubai.

Golf Gardens, a 395 villa and townhouse development located next to the Abu Dhabi Golf Club and close to Khalifa City. Golf Gardens was handed over to its owners in 2009.

Lulu Island, an island distinguished by its prime location just 500 meters off the coast of Abu Dhabi city with investment zone status.

In 2009 Sorouh won four awards at the CNBC Arabian Property Awards 2009 and was the only developer to receive three 5 star awards. The Gate Towers won 'Best High-Rise Development Abu Dhabi' and 'Best High-Rise Architecture Abu Dhabi'. Al Mashtal won 'Best Mixed-Use Development Abu Dhabi' and alghadeer.ae won 'Best Development Website Abu Dhabi'

Further information is available at: www.sorouh.com

Enquiries:
Brunswick Gulf
Teresa Wincrantz
+971 4 365 8260  

© Press Release 2009