Dubai-based Binghatti Developers has taken the spotlight at the 3rd annual Dubai Property Show in Mumbai, the Dubai Land Department sponsored property exhibition taking place at the Bandra Kurla Complex in Mumbai from November 3 to 5.
Binghatti Developer’s CEO & Head of Architecture, Muhammad BinGhatti, was announced as the Winner of the Government of Dubai, Dubai Land Department’s Real Estate Tycoon Award. The award recognizes him for his outstanding achievements in making the company a top real estate developer of Dubai.
BinGhatti received the award based on the company’s dynamic growth and success led by his innovation, charisma, and confidence in creating a real estate brand. The company is active throughout the UAE with an investment value in excess of AED 3 Billion across a portfolio of more 30 projects, including its strategic partnership in the AED 1 Billion Swarovski Sparkle Towers in Dubai Marina.
The company currently operates in several areas throughout Dubai including Dubai Silicon Oasis, Business Bay, Al Jadaf, Dubai Marina, Jumeirah Village Circle, Liwan, and Dubai Land Residence Complex, in addition to a mega commercial project in Abu Dhabi covering an area of 1 million square feet and a value in excess of AED 500 Million. The company possesses bold plans for expansion in the coming years, specifically focusing on the growth of its real-estate portfolio in Dubai.
With so many major players in the Dubai real estate market, the award is considered to be one of the most prestigious in the industry. The company looks to capitalize on winning the award and the publicity that comes with it to expand its iconic real estate portfolio and continue developing properties throughout the UAE.
Muhammad BinGhatti, CEO & Head of Architecture at Binghatti Developers, said:
“I am absolutely ecstatic to win the ‘Real Estate Tycoon’ Award presented by the Dubai Land Department. The Dubai Land Department is one of the most highly regarded entities in the entire Dubai Government, so receiving this type of prestigious recognition from them is an incredible honor and we thank the Dubai Government and Dubai Land Department for their continued innovation, creativity, and support under the prudent vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum. This award is a testament to our commitment to Dubai real estate and we look forward to the continued growth and success of the Dubai property market.”
Most recently, the company was ranked #30 in the Forbes Top 100 Real Estate Companies in the Arab World publication. This prestigious recognition joins the company’s previous awards including the Cityscape Global Awards, the International Property Awards, as well as the Dubai Land Department sponsored Gulf Real Estate Awards. The company was also recently recognized as the best developer architecturally by Business News Middle East magazine.