DAMAC Properties wins RLI Developer of the Year award

Dubai, UAE, November 2022: DAMAC Properties is proud to announce that it has won Developer of the Year at the Global RLI Awards which took place recently.

The Global RLI Awards 2022 – Celebrating Retail & Leisure Excellence held at the British Embassy in Riyadh, Saudi Arabia, Retail and Leisure International’s seventeenth Global RLI Awards provided a memorable evening that recognised and celebrated the most visionary and innovative retail and leisure concepts from across the globe. Those in attendance included retail heavyweights such as Alshaya, Chalhoub, Al Hokair, Apparel etc

Speaking on the achievement, Niall McLoughlin DAMAC Senior Vice President said: “We have had an incredible year where we responsibly launched new product to the market to correspond with the increasing demand for property in Dubai which has attracted investors and end-users alike. We appreciate the recognition and aim to continue to deliver unique and quality luxury projects to the market.”

In the past year, DAMAC Properties has launched several projects including: Cavalli Tower, DAMAC Lagoons, Chic Tower, Safa One by de GRISOGONO, Safa Two by de GRISOGONO, Ventura Mall, the Skylofts Collection, Beverly Hills Drive and Elegance Tower by Zuhair Murad.

In her opening speech, RLI Publisher Jayne Rafter said: “Tonight we will honour the most visionary and innovative retail and leisure concepts from across the globe. The retail and leisure industry is exciting, dynamic and innovative and the Awards pay tribute to those companies that continue to push the boundaries; who are not afraid of the challenges that they are presented with; and who refuse to settle for anything but the very best.”