Our Correspondent / EMIRATES BUSINESS
Since its inception, Cayan Group has evolved into one of the Middle East´s leading Real Estate Developers. With solid financial backing, the company has earned a reputation for developing projects that invariably receive international
acclaim.
Cayan Group is an international leading property developers and real estate investment group with offices in Riyadh, Saudi Arabia and Dubai, UAE. Cayan development portfolio features high rise buildings; which includes residential complexes, commercial towers and centers, hospitality projects and multipurpose gated communities.
Recently, Cayan announced awarding ZETAS ZeminTeknolojisi the enabling package for its upcoming project in Dubai; CayanCantara. Rising in Umm Suqeim road, this luxurious project will comprise of branded residences and hotel apartments featuring unique design and facilities including retail shops, restaurants, a luxurious spa, a unique glass-walled swimming pool, a fitness center, the highest outdoor screen and a
conference hall, among others.
Commenting on the project, Ahmed Alhatti, President and Chairman of Cayan Group, said, “We are extremely pleased to have ZETAS Group on board as enabling contractors. It is in our spirit to deliver only the best to our clients and this is why we make sure to select the industry’s best for our projects; partners who match our values and understand the importance of client satisfaction. Cayan Cantara’s breaking ground phase has already begun and with everything proceeding according to plan, we look forward to a timely delivery of a state-of-the-art project to our valued customers.â€
Cayan has been in the real estate development business since 2004 and have successfully achieved its targets and development goals.
Its highly qualified team and value to quality together with unmatched customer satisfaction allowed
Cayan to enjoy its superior market reputation, which shall be the drive to continue its improvement and
success.
Cayan Development
This segment of the Cayan Group is tasked as the service provider of design and project management
towards real estate developments where it will assume the role of either the landlord.
In addition to their services they act consultant for real estate design and project management, or the real estate design and project management consultants on behalf of 3rd party landlords.
The functions and responsibilities encompassing to this business unit also includes design, project management, marketing, finance, human resources, administration and business development of operations in both Saudi Arabia, and the United Arab
Emirates.
Cayan Community
Management
This department of the company is the service provider of all aspects related to Cayan’s operations that encompass customer management, the care and relations for both pre and post handovers of property asset management requirements that include facility management, home owners association, collection of payment installments, sales and purchase agreement preparations, the issuance of title deeds, dealings with the UAE authorities, terminations due to default of payments, other RERA driven documentations, warranty service standards, and customer/community relations management related to collection of service fees, managing community events and the distribution of newsletters.
Cayan Hospitality
This segment either carry out direct investments or conceptualise, design and operate hospitality products, services and solutions that include, but are not limited to, health and wellness spas, restaurants, retail, and serviced apartments. The majority of the services provided through this subsidiary will be outsourced, aside from design, development and marketing of hospitality products, services or solutions to be managed ‘in house’ within the Cayan Group. Any outsourced parties are obliged to meet the standards of Cayan and must focus on serving client needs through relevant and innovative product and service solutions.
Cayan Assets
Is the assigned subsidiary group that will retain all assets owned by Cayan Group while providing a lease back services to other business units/companies owned, and held under the legal structure of, Cayan Group. Its liability would be limited to signing tenancy contracts.