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Gulf Press > Business > Developer rewards workers for completing project ahead of schedule
Business

Developer rewards workers for completing project ahead of schedule

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Last updated: 2024/05/12 at 3:12 PM
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Andalusia Courtyard, a real estate development company, recently honoured its hardworking labour force who contributed to the completion of the first stage of its Maya Townhouse project in record time. The company recognized the dedication and effort put forth by its onsite workers and also honoured a team from Dubai Municipality. The recognition event was held in Dubai and included partners such as Al Wathba Building Contracting Company.

Saleh Tabakh, founder and CEO of Andalusia Courtyard, emphasized the importance of Corporate Social Responsibility (CSR) for real estate companies in Dubai. He highlighted the company’s commitment to society, including its staff, clients and other stakeholders, and the goal to strengthen positive social impact and implement sustainability concepts in all projects. Tabakh also expressed the company’s interest in rewarding its labour force, acknowledging them as the driving force behind the success of the real estate market.

Tabakh further mentioned Dubai’s appeal in attracting a talented workforce due to its opportunities and demand for skilled labour. He noted that the UAE’s regulations provide a safe environment for workers and protect their rights, making it an attractive destination for manpower from around the world. Following the successful completion of the first stage of Maya Townhouse, the company launched the second stage of the project, offering townhouses with areas ranging from 2,900 to 3,900 square feet.

The CEO of Al Wathba Building Contracting Company, Engineer Mohammad Abu Oleiqa, highlighted the current boom in Dubai’s real estate market, attributing it to a remarkable uplift in all industries related to the building and construction sector. He mentioned the profitability of projects in Dubai prompting contracting companies to select high-demand projects. Abu Oleiqa also remarked on the increased competition among companies in the market, with smaller companies now facing opportunities that were previously sought after by larger firms.

Abu Oleiqa concluded by pointing out the bright era of urban renaissance in Dubai’s real estate sector, highlighting the entry of new developers and the abundance of residential projects. He mentioned the strategic planning by the Dubai Government contributing to a sustained rally in the market for years to come. The overall trend indicates a robust real estate market in Dubai with ample investment opportunities and a promising future for developers and investors alike.

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News Room May 12, 2024
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