The award-winning Dhs850m Sanctuary Falls project, aims to create a new benchmark in community living by being the first resort-style residential golf community in the UAE. Launched in July 2007, the development has already received keen interest from both local and international home buyers and was awarded 'Best Golf Development' in the CNBC Arabian Property Awards 2007.
Arabtec will commence construction of the 96 distinctly styled resort villas of Sanctuary Falls in April 2008, and expects completion by first quarter 2010.
"We have taken our time to research and appoint the best quality contractors and subcontractors as our partners for the Sanctuary Falls development," said Imran Shaikh, CEO, Shaikh Holdings.
"We have reached an important milestone in the development of Sanctuary Falls and are pleased to announce our partnership with Arabtec Construction to build the development's boutique villas. We believe Arabtec is the ideal partner for this project due to their demonstrated commitment to excellence and in-depth experience with projects such as custom luxury villas in Emirates Hills and the world's tallest tower, the Burj Dubai."
Widely recognised as the sector leader in construction, Arabtec has an industry reputation for high-quality villa construction, attention to detail and on-time delivery.
"Arabtec not only embodies the same passion for developing quality communities as Shaikh Holdings, but has also consistently demonstrated its ability to deliver on the highest of expectations. We firmly believe that together we will set a new industry standard for villa communities, both in the UAE and internationally," added Shaikh.
Sanctuary Falls will be a landmark villa community set amidst lush golf vistas and inspiring lakes. The community features a collection of 96 resort-style villas overlooking the Earth golf course, designed by Greg Norman. Offering a selection of varied architectural styles and views, each home has been meticulously designed to offer a unique and inspired living experience.
"We are quite selective about the projects we work on and the developers we work with - we agreed to build Sanctuary Falls because we share Shaikh Holdings' exemplary vision for this benchmark community and share their values of quality, attention to detail and delivering on promises. We are eager to start working toward realising this vision and believe Sanctuary Falls will become one of the most sought-after and unique residential developments in Dubai" said Riad Kamal, CEO, Arabtec Construction LLC.
"The Sanctuary Falls villas will be built to the highest construction standards, offering the latest building materials and efficiency systems. This project further underlines the increasing demand for signature lifestyle developments in the booming GCC real estate market and we look forward to working closely with Shaikh Holdings in creating one of the most vibrant and dynamic communities in the UAE."
Shaikh Holdings 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. Shaikh Holdings has chosen to focus on developing themed boutique communities across the region, many centred around golf and waterfront concepts.
The company's current developments in Jumeirah Golf Estates will be followed by other themed projects in the UAE.
Browse
related articles
Shaikh Holdings awards Dhs412m contract to Arabtec for Sanctuary Falls
- United Arab Emirates: Tuesday, March 25 - 2008 at 14:55
- PRESS RELEASE
Shaikh Holdings, a leading Dubai-based real estate investment and development company, has awarded Arabtec Construction LLC an Dhs412m contract to commence construction of its prestigious Sanctuary Falls villa development, a landmark boutique community in Jumeirah Golf Estates.
Related stories
Also consider reading:
Facebook
LinkedIn
Digg
Browse
related articles
Today's most read articles:
- » Value of ongoing and planned real estate projects for Saudi Arabia estimated at $586bn
- » Japanese contractors 'owed billions'
- » Oman Air warns Boeing on Dreamliner delays
- » Thomas Tapken joins Bin Ham Group as City Seasons Group General Manager
- » The Duke of York formally opens Marco Pierre White Steakhouse and Grill and Frankie's
Log in to request more information from Shaikh Holdings
Notes and media contacts
For more information please contact:Natasha Shaikh
Shaikh Holdings
Tel: +9714 364 2722
or
Hala al Haddad
MCS/Action
Tel: +971 50 383 7611
About Shaikh Holdings
Shaikh Holdings is a leading Dubai-based real estate investment and development company, and is a family enterprise with a Middle East entrepreneurial heritage dating back to Bahrain from 1913.
Expansion into real estate investments and development has driven Shaikh Holdings in the 21st century to look at both regional and international real estate markets. Today, its companies specialise in the acquisition, development, marketing and sale of exclusive properties worldwide.
Shaikh Holdings' real estate activities in Dubai are primarily focused in three major
areas - real estate development, real estate investments and real estate marketing. 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.
Shaikh Holdings has chosen to focus on developing boutique communities centered around golf and waterfront concepts. The company's current developments in Jumeirah Golf Estates will be followed by other exclusive golf and waterfront projects in the UAE.
The company's primary Dubai investments have been in premier developments such as the Palm Islands, Emirates Hills, Business Bay, Dubai Waterfront and Jumeirah Golf Estates.
Shaikh Holdings maintains investment relationships with significant Dubai-based developers such as Dubai Properties, Nakheel and Emaar. Over the years it has also developed unique marketing partnerships with these developers who are creating some of the region's most iconic developments including The Palm, The World, Burj Dubai, Jumeirah Beach Residence and Dubai Marina.
Shaikh Holdings is the only group worldwide to represent all three of Dubai's major developers in the international marketplace. 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 Arabtec Construction LLC
Arabtec Construction LLC has a wealth of expertise in construction and has worked on a diverse array of projects ranging from custom luxury villas in Emirates Hills to the world's tallest tower Burj Dubai, and has an industry reputation for delivering quality projects on time. In the last six years the company already completed and delivered over 6,300 villas including 4,702 villas for Emaar at Emirates Hills, Emirates Lakes, Meadows, Springs, Arabian Ranches and 560 villas for Dubai Silicon Oasis and 558 villas for Dubai Properties and 554 villas for Mohamed Bin Rashid Housing Program.
About Jumeirah Golf Estates
Jumeirah Golf Estates, is a master development by Leisurecorp, a subsidiary of Dubai World. The European Tour and Leisurecorp have announced a wide-ranging partnership which will create The Dubai World Championship, the world's richest golf tournament with a $10,000,000 prize fund. The inaugural Dubai World Championship will take place in 2009, on either the Fire or Earth course at Jumeirah Golf Estates in Dubai, UAE.
Jumeirah Golf Estates has brought together the world's leading golfing and course design superstars, to create Dubai's premier residential golfing community. Greg Norman, Vijay Singh, Sergio Garcia and 'the father of modern golf course design', Pete Dye, are working on creating one of the world's most distinctive golf developments. Four courses - Fire, Earth, Water, and Wind - will pay tribute to the power of nature, each employing the distinctive characteristics of its own surroundings to deliver a unique challenge.
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, March 25 - 2008 at 14:55 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Wed Mar 26 2008.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds