Andalusia Courtyard honors its workers for achieving “Maya Townhouse” Project within record time

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 9^th 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.

End.

*About “Andalusia Courtyard” for Real Estate Developing:

“Andalusia Courtyard” for Real Estate Developing, based in Dubai, was established in 2019 with the aim of attracting Saudi investments and financial portfolios, for commercial and service investment to the United Arab Emirates.

The group succeeded in attracting a number of Saudi shareholders, and developed its first projects, which is the “Andalusia Courtyard” shopping complex in the Emirate of Dubai.

The group includes a number of companies specialized in real estate development, maintenance, asset management, commercial investment, retail stores, general investments and real estate financing.

Moreover, Andalusia Courtyard acts in restaurant business, as it seeks “franchises” from global restaurants, as well as the management of the assets developed by the company and providing the majority of administrative, engineering, and commercial services internally.    

About Saleh Tabakh:

Saleh Tabakh, who has extensive experience in the real estate market exceeding 18 years, has been CEO of Al Andalusia Courtyard for Real Estate Developing in Dubai since November 2020.

He was an adviser to the CEO and Head of Trade, Development and Operations in the “MAG Real Estate Development” between 2019 and 2020, on the board of “GLG”, a consultant based in New York City, between 2016 and 2021, CEO of the “Delta International” real estate company between 2014 and 2019 and General Manager for Middle East at the “United Excellence” group between 2013 and 2014.

He held several positions in the Dubai Properties Group over a period of ten years, including: Chief Commercial Officer between 2010 and 2012, Director of Marketing and Communications between 2009 and 2010, Senior Executive Officer of Marketing and Communications between 2007 and 2009, and Property Executives between 2006 and 2007. During his career he contributed to important projects such as the “Jumeirah Beach Residence”, “Business Bay”, “Sunrise and Sunset Mirdif”, “Layan” and “Al Waha” projects in Dubailand, “Al Khail Gate” and “The Villa”.

Saleh Tabakh supervised and contributed to more than 18 important real estate projects in the Emirate of Dubai, and participated with the Dubai Land Department in launching initiatives, the most important of which is the crowdfunding initiative, collective ownership, and other important initiatives.

He began his professional career in the field of building materials, where he worked in the technical support department in the “National Paints” factories between 2003 and 2006.

He holds a master’s degree in business development in 2015 from the Open University in the United Kingdom, a master’s degree in risk management in 2010 from the University of Bradford, and a bachelor’s degree in entrepreneurship in 2003 from the University of Greenwich.