Dubai, November 28, 2019 – Ithra Dubai, a powerhouse landowner, developer and operator of community-oriented real estate projects, proudly celebrates a double victory at this year’s Big Project Middle East Awards 2019 in an award ceremony held on November 26, 2019 at The Oberoi Hotel in Business Bay, Dubai.
Ithra Dubai, fully owned by Investment Corporation of Dubai, was named Developer of the Year for its contribution to the construction industry in Dubai and was awarded Mixed-Use Project of the Year for the iconic One Za’abeel development. The double accolade validates Ithra Dubai’s commitment to excellence and innovation via ground-breaking real estate solutions and the enhancement of the lives of the Emirate’s community mix.
This year’s edition of the Big Project ME Awards attracted more than 140 nominations across 20 categories and celebrated the achievements of individuals, organizations and projects in the construction industry at a prestigious event attended by over 300 high profile guests.
On winning Developer of the Year, Mr. IssamGaladari, Chief Executive Officer and Board member of Ithra Dubai, said: “Being recognized for our promise to Dubai and its people gives us great pleasure. We continue to strive to deliver on value through state-of-the-art projects such as One Za’abeel and the Deira Enrichment Project, where we are rejuvenating Dubai’s historic heart of commerce, and we remain committed to environmental and economic sustainability.”
Commenting on the win of the Mixed- Use Project of the Year, Galadariadded: “One Za’abeel is setting new standards and pushing the limits of design and engineering in Dubai with “The Link,” the world’s largest cantilever, and its twin skyscrapers. “The Link” alone will be a new destination for a distinctive lifestyle and unmatched experiences.”
Noting that Ithra Dubai won “Infrastructure Leader of the Year” in last year’s Big Project Middle East Awards event. The award is granted to government departments and authorities and municipal bodies in the lead for creating and building infrastructure in the region.
NOTES FOR EDITORS:
Ithra Dubai LLC, wholly owned by Investment Corporation of Dubai (ICD), develops and manages a large portfolio of pioneering real estate projects in Dubai and in key international markets.
Its rich portfolio of projects is designed to embrace diversity, shape happy communities, and bring prosperity to many. Ithra Dubai aims at delivering mixed-used developments on an ambitious scale, which incorporate world-class retail, commercial, residential, and leisure concepts.
For more information about Ithra Dubai, please visit www.ithradubai.com
One Za’abeel is an iconic addition to Dubai’s skyline that evokes duality through the distinctive design of its two towers. It is a revolutionary high-rise mixed-use development incorporating luxury residences, an ultra-luxury hotel, serviced apartments, and premium, Grade A office spaces, a retail podium, and a panoramic sky concourse. Its design incorporates two modern high-rise towers connected by a record-setting cantilever called ‘The Link’, dissecting the two buildings. ‘The Link’ provides 360-degree views of Dubai from its viewing platform and offers incredible unique experiences in addition to the ultimate in fine dining and hospitality.
A symbol of ambition, innovation and the pioneering spirit of Dubai, One Za’abeel stands proudly at the heart of the city, a destination that both captivates and inspires. With residences, businesses and leisure experiences that flow seamlessly together, the impressive but approachable development will promise the people of Dubai an elevated lifestyle.
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