Construction & Real Estate

Al Shafar Engineering named main contractor for Prestige One projects

In a major step forward in its project delivery strategy, Prestige One Developments has signed up Al Shafar Engineering, one of the UAE’s leading construction firms, as the main contractor for its upcoming projects. 
 
This is a significant collaboration that brings together two industry leaders who share a common vision: delivering quality, embracing innovation, and executing projects with precision, said a statement from Prestige One Developments. 
 
The partnership further bolsters the developer’s ability to deliver landmark developments built to the highest standards of engineering and architectural integrity, it stated.
 
The agreement was signed at Prestige One’s headquarters in the presence of Ajmal Saifi, the CEO of Prestige One Developments, and Saif Ali Abdulla Al Shafar, the CEO of Al Shafar Engineering.
 
"Bringing a firm of Al Shafar Engineering’s calibre on board speaks of our deep commitment to construction excellence and our trust in partners who align with our long-term vision," said Saifi. 
 
"Their proven expertise and operational strength perfectly complement the elevated standards we uphold across our expansive portfolio," he stated.
 
On the partnership, Al Shafar said: "Prestige One Developments has demonstrated remarkable momentum and a clear executional ethos. We are proud to collaborate with a partner that mirrors our values of quality and forward-thinking delivery."
 
This announcement comes at a time of rapid expansion for Prestige One. The company recently opened its cutting-edge Customer Happiness Centre and expanded its Sales Gallery at Marina Plaza – clear indicators of its ongoing investment in exceptional client service and engagement infrastructure.
 
Further reinforcing its upward trajectory, Prestige One has also appointed Power Axes International Foundation to take the lead on a major upcoming residential project, adding yet another milestone to its delivery momentum.
 
With a development portfolio now exceeding AED10 billion ($2.7 billion), Prestige One Developments continues to strengthen its presence through strategic partnerships, forward-thinking design, and a steadfast focus on delivering top-tier construction, he added.-TradeArabia News Service