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Dubai, March 23, 2017: Shaikhani Group, a Dubai-based real estate developer, is set to tap highly potential investment opportunity from Pakistan as more and more Pakistani investors buy properties in the UAE.
The developer is exhibiting their properties in Abad-Jang Expo, a real estate exhibition to be held in Islamabad, Pakistan, from March 24 to 26, 2017.
The expo is the largest real estate show in Pakistan, with 30,000 visitor footfall. The show attracts property developers, builders, town planners, contactors, interior designers and allied industries from the Middle East, including the UAE.
Mahmood Abu Baker Shaikhani, Managing Director of Shaikhani Group, said: “Dubai is a favourite destination for Pakistanis due to city’s position as one of the most secure cities in the world, high standards of living, high yields on property investments and historic relations between UAE and Pakistan. In this scenario, we see high potential of Pakistani home buyers to Dubai. In addition, the residential building is located in the new neighbourhood of Jumeirah Village Circle.”
Gardenia Residency at Jumeirah Village Circle has studios, one, two and three bedroom apartments. Gardenia Residency aims to make a definitive statement of luxury coupled with Mediterranean allure. It is immaculately designed and offers the utmost in comfort featuring lifestyle boutique, private terraces, gardens, landscaped parks, secure car parking, retail area, restaurants, in addition to 24 hours maintenance and security.
Gardenia Residency comes with an attractive 50:50 payment plan that allows the property buyers to pay up to Dh399,500 or 50 per cent in instalments till project handover with the balance payable after the handover.
"Gardenia project is the most suitable choice for end-users and small families to shift from rented homes to their own freehold homes without putting much strain on their finance - which is a major issue with fixed-income small families," Mahmood Shaikhani, Managing Director of Shaikhani Group, said.
In UAE, Shaikhani Group is developing 11 projects that will deliver 2,100 residential and commercial units in Dubai Sports City, Jumeirah Village Circle and Dubai Silicon Oasis. Of these, the company is in advanced stages of completion of Dh1.5 billion worth of projects involving 1,250 units while the rest are at the beginning of the development cycle that are expected to be completed by 2020. The company has already delivered 224 units in its first Dubai project in 2016 that reflects the developer’s strong commitment to its buyers.
In February this year, Shaikhani Group announced the delivery of 135 residential units housed in Champion Tower 1 where the residents are expected to move in over the coming weeks, the statement said.
Jumeirah Village Circle, located at the heart of New Dubai, is surrounded by Mohammad Bin Zayed Road, Al Khail Road and Al Barsha Road. It is close to the new Al Maktoum International Airport, the Expo 2020 site and connects to all the neighbourhoods well due to the strong road networks surrounding it.
“Gardenia Residency has been designed in line with the modern lifestyle needs of Dubai and it perfectly blends with local culture while incorporating all the amenities of a modern lifestyle,” Mahmood Shaikhani says.
About Shaikhani Group
Shaikhani Group traces back its origin in 1978 in Pakistan when Abu Baker Shaikhani, a Pakistani entrepreneur, started a business in selling tea.
He later added masala, soap and household items to his list of products. After gaining experience in many trades, he focussed on property business initially in buying and selling of properties in the Sindh state of Pakistan, mostly in Karachi – the country’s largest city.
In 1978, he ventured into real estate development and undertook a residential project with 600 apartments. He successfully delivered them. This marked the real foundation of the Shaikhani Group.
The company went on to become one of the largest private sector property developers in Pakistan. In 2013, it delivered 3,200 apartments – the largest in the country that year.
By 2015, the company delivered more than 30,000 residential units in different parts of the world. Leveraging on its strengths for successful real estate development worldwide, the group later identified untapped, emerging and growing markets, and diversified its source of revenues by expanding trading, manufacturing and other businesses.
Overseeing the global operations of the multi-billion-dollar international business conglomerate with diversified interests in real estate development, trading, manufacturing and IT, the group is presently headquartered in Dubai and spread across 90 countries in Asia, Africa, Europe and the Middle East.
For more information, kindly contact:
Ahmed Naviwala / Maya Gurung
Shaikhani Group
PO Box: 41950, Dubai, U. A. E
Tel : + 971 4 3649265
Fax: + 9714 3649268
Cell No : +97152 9464284
Email : marketing@shaikhani.com
Web : www.shaikhanigroup.com
Nasir Iqbal
Pan Asian Media
PO Box : 39865, Dubai, UAE
Tel : +9714 2281021
Fax : +9714 2281051
Mobile : +971504243076
Email : n.iqbal@panasian1.com
© Press Release 2017
