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Sunday, November 8 - 2009

Shaikh Holdings' Sanctuary Falls project wins six CNBC Arabian Property Awards

  • United Arab Emirates: Wednesday, October 29 - 2008 at 09:57
  • PRESS RELEASE

Shaikh Holdings, a leading Dubai-based real estate investment and development company, has won an unprecedented six awards at the prestigious CNBC Arabian Property Awards 2008 - held on 19th October - for its Sanctuary Falls development.

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  • Representatives from Shaikh Holdings at the 2008 CNBC Arabian Property Awards.
    Representatives from Shaikh Holdings at the 2008 CNBC Arabian Property Awards.
For the second consecutive year, Shaikh Holdings' flagship Sanctuary Falls development has been judged 'Best Golf Development'.

Sanctuary Falls was also named the winner in a further five categories including:- 'Best Development'; 'Best Architecture'; 'Best Interior Design'; 'Best Property' and 'Best Property Marketing'.

The award-winning project, currently being developed within Jumeirah Golf Estates, aims to create a new benchmark in community living by being the first resort-style residential golf community in the UAE.

Speaking at the awards, Zeeshan Shaikh, Chief Marketing Officer at Shaikh Holdings said:
"We are intensely proud that Sanctuary Falls has won awards in six different categories and has been recognised for excellence at so many levels. I would like to thank the entire Shaikh Holdings team for their passion, belief and hard work on this project. Our team's efforts have been integral to the success of Sanctuary Falls and these awards are a testament to the spirit of excellence that we continually strive for at Shaikh Holdings."


The annual CNBC Arabian Property Awards, the regional segment of the International Property Awards, recognise excellence in a range of areas related to the highly competitive property market in the region.

The coveted International Property Awards are the most prestigious in the world, and Shaikh Holdings' Sanctuary Falls Development is now in the running for 'Best Golf Development' and 'Best Property Marketing' for the 2008 Awards, the winners of which are to be announced at a gala dinner on 7th November in Orlando, Florida.

Mr Shaikh continued:
"I would like to extend my heartfelt thanks to our family of partners - Leisurecorp, Arabtec, DSA Architects, Hirsch Bedner Associates, 40North, Scavolini, Archimedia, Bang & Olufsen, Míele, Quintessentially and HSBC for working with us to create such a world-class community at Sanctuary Falls."


"As we lay the foundations of our villas, so too have we begun setting down the roots of the Sanctuary Falls community. Sanctuary Falls continues to grow and evolve, and its lifestyle proposition has matured to provide a very unique community experience. We are proud of how strongly our partners have embraced our vision for this community and through tireless work and dedication, have made it the world-class proposition that it is today."

Sanctuary Falls is a luxury villa community set amidst lush golf vistas and inspiring lakes, located in Jumeirah Golf Estates.

The landmark community features a collection of 96 resort-style villas overlooking the Greg Norman designed 'Earth' golf course.

Construction of the villas commenced in April 2008 and the show villa will be ready by March 2008, with expected completion of all the 96 villas in March 2010.

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.

Sanctuary Falls recently gained worldwide attention when Bollywood celebrity couple Abhishek and Aishwarya Rai Bachchan acquired a villa within the development as their first family home together.

The couple also travelled to Dubai earlier this year to attend an exclusive 'Sanctuary Falls Residents' Party' hosted by Shaikh Holdings at the Burj Al Arab in May, to meet their future neighbours.
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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 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 is focused on developing boutique communities centered around golf, waterfront and themed 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.

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 is an award-winning boutique villa community set amidst lush golf vistas and inspiring lakes, located in Jumeirah Golf Estates. This landmark community features a collection of 96 resort-style villas overlooking the Earth golf course, designed by Greg Norman.

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.

For more information please contact:

Hala Al Haddad
MCS/Action
Tel: +971 04 3902960

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