Shaikh Holdings’ Sanctuary Falls Project on Course for Completion

November 18, 2009

DUBAI, United Arab Emirates, Nov. 18 /PRNewswire/ — Shaikh Holdings, a Dubai based real estate investment and development company, has made substantial construction progress on its award-winning golf development — Sanctuary Falls. The developer has achieved significant milestones over the past 18 months, and has been working diligently to build the 99 villa community and deliver on its commitment to its residents. Overlooking the Earth course at Jumeirah Golf Estates, Sanctuary Falls will provide a dramatic backdrop for the Dubai World Championship which is being held from November 19 to 22, 2009.

Imran Shaikh, CEO of Shaikh Holdings said: “We at Shaikh Holdings are proud to support the inaugural Dubai World Championship taking place in our community, as Dubai yet again makes history. Our residents and spectators from around the world can look forward to witnessing the most significant sporting event ever to be hosted in Dubai. All eyes will be on Jumeirah Golf Estates during this time and this momentous event will create tremendous international awareness for the master community and golf in the UAE.”

With the villas now at various stages of construction, from main concrete works to internal finishing, the unique streetscape of Sanctuary Falls has started to take shape. The current on-site construction workforce stands at 1,800 with an additional 200 workers expected by year end. The final finishes are currently being applied to the first show villa which will be fully completed and unveiled following the Dubai World Championship, while the remaining villas are on schedule for completion starting early 2010.

“High quality workmanship, world-class materials and finishes have been at the core of our development philosophy. By maintaining this focus, we have ensured that the integral quality of our product offering is second to none and that an investment in Sanctuary Falls will stand the test of time. We believe that despite the volatility in home prices over the last year, the market going forward will gravitate towards quality real estate creating strong demand and value for developments such as Sanctuary Falls,” Shaikh continued.

With the villas at Sanctuary Falls overlooking the Earth course, their proximity and views of the course will add tremendous value to these properties. This will contribute to making them some of the most sought-after and luxurious golfing residences in the world.

About Shaikh Holdings:

Shaikh Holdings (www.Shaikh-Holdings.com) is a Dubai-based real estate investment and development company, and a family enterprise with a Middle East entrepreneurial heritage dating back to 1913.

The company currently holds a significant portfolio of residential, commercial and hospitality real estate, and has been a leading institutional investor in the Dubai real estate market since 2002. The company’s primary Dubai investments have been in premier developments such as Jumeirah Golf Estates, Palm Islands, Emirates Hills, Business Bay, and Dubai Waterfront.

Shaikh Holdings is focused on developing boutique communities centered around golf, waterfront and themed concepts. Guided by the principles of innovation and excellence through its entire sphere of activity, Shaikh Holdings’ corporate philosophy is focused on quality life experiences, with the aim of enhancing the lives of people through its business and development projects.

About Sanctuary Falls:

Sanctuary Falls (www.sanctuaryfalls.com) is an award-winning boutique villa community set amidst lush golf vistas and inspiring lakes, located in Jumeirah Golf Estates. This landmark community is being developed by Shaikh Holdings and features a collection of 99 resort-style villas overlooking the Earth golf course. Earth is an eco-signature championship course designed by Greg Norman, and home to the European Tour and Dubai World Championship.

With the freedom to choose from a selection of architectural styles, interiors and views, each home has been meticulously designed to offer a uniquely inspired experience. Conceived and created by world renowned hotel and resort architects, landscape and interior designers, Sanctuary Falls villas bring to life a true ‘resort home’ experience.

The Sanctuary Falls project team includes — construction by Arabtecs luxury villa division, architectural design by DSA Architects International, interior design by Hirsch Bedner Associates, landscape design by 40 North and LMS, family home theatre by Bang & Olufsen, kitchens by Scavolini, home automation by Archimedia, sanitary ware by Villeroy & Boch, kitchen appliances by Mele, concierge services by Quintessentially, home finance by HSBC.

The development is the recipient of the prestigious ‘Best International Golf Development’ award at the 2008 International Property Awards in Florida, USA. Sanctuary Falls has also previously received an unprecedented 7 regional development awards, making it the highest awarded golf development in the Middle East.

    Media Contact:
    Oscar Mathews
    The Shaikh Group

SOURCE Shaikh Holdings

Source: newswire

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