Philippine Real Estate Innovation Award

Recognized for Pioneering Shariah-Compliant Real Estate

Jumeirah Estates was recognized at the 2024 Philippine Property Awards for "Most Innovative Development Concept" — a prestigious acknowledgment of our pioneering Shariah-compliant financing model and community-centric approach to real estate.

The Philippine Property Awards, now in its 12th year, is one of the most respected real estate award programs in the country. It recognizes outstanding developers, projects, and innovations that push the boundaries of the Philippine real estate industry.

The Award

Jumeirah Estates was nominated in the "Most Innovative Development Concept" category for introducing the Murabahah (cost-plus-profit) financing model to the Philippine market — a first in the country's real estate history. The judging panel, composed of industry experts, academics, and government regulators, praised the company for "addressing a long-overlooked segment of the market with a culturally sensitive and financially innovative solution."

The award was received by our CEO during a gala ceremony held at a premier hotel in Makati City, attended by over 500 industry leaders, developers, architects, and government officials.

What This Means

This recognition validates our mission and approach. It signals to the broader real estate industry that Shariah-compliant development is not a niche concept — it is a viable, innovative, and socially impactful business model that deserves attention and support.

More importantly, it gives our buyers and investors confidence that they are part of a project led by a credible, award-winning team committed to excellence and ethical standards.