Asteco Secures Five-Star Status With Hat-Trick of Arabian Property Awards

Asteco was recognised at the Africa & Arabia Property Awards during a glittering gala ceremony at the JW Marriott Marquis recently as the UAE’s leading real estate firm won the top award for the categories Best Lettings Agency and Best Property Consultancy in Dubai and Best Property Consulting Marketing in Abu Dhabi.

Asteco was also successful in the Best Property Consultancy category for Abu Dhabi.

The company, nominated as Arabia’s best, will now represent the Middle East on the global stage in London on the 4th December, competing with other winning entries from Europe, Canada, the Caribbean, USA, Central & South America, the UK and Asia Pacific for the title of the ‘World’s Best’. 

“Asteco has once again demonstrated why we are one of the leading lights in the UAE’s real estate industry. In only the second year of participation, we have been recognised in three categories as the market leaders beating stiff competition from the best of the UAE’s real estate industry and we are now looking forward to representing the Middle East on the global stage later this year” said John Stevens, Managing Director, Asteco.

In 30 years Asteco has amassed a total sales value of over US$13 billion with a total of 13.8 million sqft sold, the equivalent of 216 soccer pitches! The company has also let 11,363 units totalling 16.4 million sqft and currently manages 13,000 units. The company has also expanded in the last three years with the addition of nine franchisees with a total of 98 staff.  

“We’ve built an incredible team at Asteco based on market-leading experience, innovation and embracing new technologies. These professional skills are essential to our ability to plan for the future. We look forward to competing with our international peers in London and being the standard bearer for real estate professionalism throughout the GCC,” added Stevens.

The Arabian Property Awards are part of the long established International Property Awards, recognised as one of the prestigious accolades in the residential and commercial property industry. Following a stringent judging process, held in London, involving a panel of over 80 international experts, Asteco was awarded five-stars in both categories and progressing to the global stage of proceedings.

Dawn Draper, Director, MENA region for the International Property Awards, said: “Asteco have once again demonstrated their commitment to excellence and customer service and have been recognised by an international panel of professional, pre-eminent judges, with three out of four entries receiving a nomination for theBest Arabiatitles. Asteco are a great example of what the International Property Awards are all about.  Commitment, credibility and influential, reinforcing their strength and position in what is one of the most competitive industries, in one of the most competitive regions in the world.”