Saturday 11 July 2020

Shaikhani launches new Jumeirah luxury project

DUBAI, January 2, 2017

Dubai-based property developer Shaikhani Group has launched the Gardenia Residency, part of a Dh3.5-billion ($952 million) portfolio of projects that are in various stages of execution, as it continues handover of properties to buyers.

The Dh220-million ($60 million) project is the latest one unveiled in Jumeirah Village Circle by Shaikhani which aims to make a definitive statement of opulence and luxury by offering residents a metropolitan sophistication coupled with Mediterranean allure.

The launch of the well-designed project is part of the Dh2 billion ($544 million) project announcement that will keep the developer busy well beyond Expo 2020.

On the 2016 milestones, Mahmood Abu Baker Shaikhani, the managing director, said the Dubai developer delivered more than 224 units last year despite a challenging economy.

He pointed out that the company’s business had been growing due to investor confidence in the group as it continued to deliver project.

“Our success in sales activities is due to a strong teamwork and customer-centric approach that helped customers to buy properties from us and we are glad to have delivered so many units in a single year,” stated Shaikhani.

"The strong delivery track record has helped boost our credibility as a developer amongst the buyers and investors. A developer’s credibility is built on how efficiently he delivers the project and the quality of the finishing – that’s all matters to the end-users," he added.

According to him, the group is planning to hand over more projects in 2017 – that will further strengthen the group’s credentials and boost investor sentiment and attract more buyers to its projects.

The group’s success comes at a time when the company is spearheading its real estate development business and expanding to a new level with total development portfolio value touching Dh3.5 billion ($952 million) involving the development and delivery of 2,100 residential units spreading across 12 towers.-TradeArabia News Service

Tags: Dubai | Jumeirah | Shaikhani | luxury project |

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