Shaikhani Group delivers 224 residential units in 2016

Dubai / Emirates Business

Dubai-based property developer Shaikhani Group has handed over 224 units in 2016 – a somewhat challenging year for the industry – when the company also announced the AED220 million Gardenia Residency, part of AED2 billion project announcement that will keep the developer busy well beyond Expo 2020.
Mahmood Abu Baker Shaikhani, Managing Director of Shaikhani Group, says, the company’s business has been growing due to investor confidence in the group as it continues 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 224 units in a single year,” Mahmood Shaikhani says.
“The strong delivery track record in 2016 – that 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. I’m glad that the customers have retained their faith in our company and we have continued our development and delivery business amid tough market conditions.”
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 AED3.5 billion involving the development and delivery of 2,100 residential units spreading across 12 towers. The group has been bestowed upon with three back-to-back high-profile industry awards. “These achievements are further endorsed in multiple awards that are direct recognition of the strong team efforts within Shaikhani Group. These industry-leading awards reflect our customers’ trust on us and the business community’s sincere appreciation of our works,” Mahmood Shaikhani says. “There are very few business entities who win such prestigious international awards one after the other in such quick succession. The multiple awards are three living testimonies of our quality work and our contribution to the region’s real estate and construction sectors.
“Shaikhani Group is one of the few private sector property developers who managed to steer out of the biggest economic recession and managed to deliver projects. I’m glad to announce that we are on track for the delivery of the rest of the projects.”
In 2016, the group has increased its headcount due to a massive jump in portfolio value as well as sales, marketing and operational activities. With these sales, marketing, construction and development activities, Shaikhani Group is emerging as one of the major property developers in the country.