Saleh Tabakh:
- It is significant for real estate companies to adopt CSR.
- We realize our responsibility towards our society, including all its categories, e.g., staff and clients.
- We aim to create a palpable positive impact in all our projects through strategic partnerships.
Dubai, the UAE, Thursday May the 9th 2024 – In the context of its commitment to adopt the highest corporate social responsibility standards within Dubai’s real estate market, Andalusia Courtyard, a prominent real estate developing company, honored a number of its labor force who participated in the accomplishment of the first stage of its project, “Maya Townhouse”, within a record time.
This honoring came in the context of the company’s focus on site workers and their hard work to make this project happened. The company honored a team from Dubai Municipality as well.
The honoring took place in an event which was hosted in Dubai by Andalusia Courtyard, with the presence of the parties who co-operated in achieving “Maya Townhouse” Project, particularly “Al Wathba Building Contracting Company “.
Saleh Tabakh, the Founder and CEO of Andalusia Courtyard, commented on this honoring and stressed the significance of CSR adoption for the real estate companies in Dubai, as a way to boost the efficiency of workers and strengthen their engagement.
“We realize our responsibility towards our society, including all its categories, e.g., staff, clients, and all the relevant parties within our integrated business system. In this context, we aim to pursue our endeavor, which is to strengthen our positive social impact and implement the sustainability concept in all our existing and prospective projects”, Tabakh said.
He highlighted the deep interest from the part of Andalusia Courtyard in rewarding its labor force both materially and spiritually. “Site workers are the moving force of the economy and real heroes behind the success of the real estate market”, he told.
“Dubai attracted large numbers of talented workforce due to its opportunities and demand on labour force. The regulations in UAE offers safe environment for the workers and protect their rights which played. A major role in attracting the manpower force from all over the world”, Tabakh added.
He stated that Andalusia Courtyard aims to create a palpable positive impact in all its projects through strategic partnerships which are deemed among the best effective partnerships in the real estate sector.
It is noteworthy that after successfully accomplishing the first stage of “Maya Townhouse” project within a record time, which is only 12 months, Andalusia Courtyard launched the second stage of the project in October 2023, with areas from 2900 to 3900 square feet per each townhouse.
“We intend through this project to provide the biggest sizes for the category of 3-bedroom townhouse. Moreover, we offered a product of low stock in the market, which is the 5-bedroom townhouse with a net size of 3900 square feet, vast gardens and high-quality finishing”, Tabakh noted.
He highlighted the fact that company focuses upon quality rather than quantity, as it launches limited projects to keep momentum and supply. “The prices of properties that are launched by our company depend on the launching of luxurious properties and targeting specific class of buyers who look for dream house”, he added.
Tabakh also underscored the fact that Dubai’s real estate market not only enjoy a boom in the recent time, but also continuously surpasses many major counterparts all over the world regarding the return on real estate investment, an advantage which entices the developers to launch new projects to clinch a good share of the robust demand within the market, a trend which will benefit all concerned parties in Dubai’s real estate system.
In his turn, Engineer Mohammad Abu Oleiqa, the CEO of Al Wathba Building Contracting Company, indicated through his presence in the event that Dubai’s real estate currently witnesses an unprecedented boom amidst a remarkable pickup in all industries which are related to the building and construction sector, a matter which stimulated the contracting companies to select the project of higher profitability.
Abu Oleiqa disclosed that some companies now reject to carry out projects due to the abundance in the market, while the small and medium companies in the past were seeking any opportunity and striving to snatch any share from the big companies, a fact that underscores the huge investment opportunities that Dubai’s real estate market currently offers.
He concluded by stating that the contracting companies currently witness the brightest eras of urban renaissance in Dubai, as there are new real estate developers in the market, as well as abundant residential projects and a rally which may persist in the market for several years, thanks to the prudent strategic planning from the part of Dubai Government.
