Dubai UAE. - Tuesday, March 25 - 2008
Shaikh Holdings, a leading Dubai-based real estate investment and development company, has awarded Arabtec Construction LLC a Dhs412m contract to commence construction of its prestigious Sanctuary Falls villa development, a landmark boutique community in Jumeirah Golf Estates.
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.
Imran Shaikh, Chief Executive Officer, Shaikh Holdings and Riad Kamal, Chief Executive Officer, Arabtec.
Good press conference mate. Where's Shamrez? He's probably shmoozing with the big investors ayeh?. Good work and wish you all the best!
dazadi 3 years ago