“Dar Wa Emaar” Real Estate Investment & Development Company, specializing in community development and urban planning, was honored with the Best New Community Project award at the 11th International Finance Awards. The company’s “Saraya Al-Bahar” project clinched the prestigious accolade at a ceremony held on January 18, 2024, at Jumeirah Emirates Towers in Dubai.

Established in 2013, the International Finance Awards have become renowned for their recognition of outstanding industry talents, exceptional leadership skills, significant industry net worth, and outstanding capabilities on a global scale.

“Dar Wa Emaar” CEO, Osama Alkhunaizi, expressed pride in the achievement, stating: “We are all proud that our Saraya Al Bahr project in the Qatif region has been awarded the Best New Community Award during the International Finance Awards event.”

He emphasized: “The winners are carefully selected by a qualified research team, based on the strength of their application and past accomplishments.” He noted that the judges were particularly impressed by the project's visual appeal, which highlighted its originality and set it apart from competitors.

“Our projects prioritize community focus and impact, going beyond mere housing provision by offering amenities and fostering a sense of community and camaraderie among residents. Saraya Al Bahar has supported local businesses, job creation, and the overall development of the region, in line with the award's emphasis on sustainable and ethical behavior,” he added.

Excellence in design, construction, and timely project delivery are just a few reasons behind the recognition of Saraya Al Bahar as the Best New Community Project, reflecting Dar Wa Emaar’s commitment to excellence in real estate development since 2007.

The Saraya Al Bahar project epitomizes innovation and dedication to creating an extraordinary community. Spread across 310,417 square meters, this landmark seamlessly blends contemporary lifestyle, tranquility, and imaginative design, with meticulous urban planning capitalizing on its strategic location near the main road network.

Located in Safwa along the coast of the Arabian Gulf near the city of Al Qatif, with major educational, commercial, governmental, and service facilities nearby.

Offering 425 residential units divided into two distinct categories —Murjan and Lulu — Saraya Al Bahar fosters a vibrant community. The project boasts exceptional infrastructure, with meticulous attention to detail and the use of sustainable materials.

Those interested in becoming part of Saraya Al Bahar's thriving community can explore the project's numerous amenities by visiting its website at darwaemaar.com or its social media channels at @dar_waemaar.