Dubai, UAE, 29 November 2007: Shaikh Holdings, a Dubai based real estate investment and development company, has received an award for the 'Best Golf Development' at the prestigious CNBC Arabian Property Awards 2007 for its Sanctuary Falls development in Jumeirah Golf Estates. The awards are an annual event that recognise high quality real estate developments at the local and international level. The award was presented at a glittering gala dinner at the Madinat Jumeirah hotel in Dubai.

Zeeshan Shaikh, Chief Marketing Officer at Shaikh Holdings said of the award, "We at Shaikh Holdings are passionate about building extraordinary communities and are intensely proud of this recognition. As a real estate developer there is no greater honour than to be judged by your peers as one of the best for our efforts. It also serves to reiterate the confidence in our 'resort home' concept and shows that Sanctuary Falls is a community that is being bench marked at an international level".

The CNBC Arabian Property Awards 2007 recognise the highest levels of achievement in a range of fields in the Arabian residential property industry. Entries to the CNBC Arabian Property Awards 2007 were judged by a panel of professionals with extensive knowledge of the international property industry. Chaired by Eric Pickles, British Shadow Secretary of State, this year's judges included Jonathan Price, president of the International Real Estate Federation (FIABCI), Omer Ghani, director of sales CNBC Arabiya, and Christopher Hall, immediate past president, National Association of Estate Agents.

Sanctuary Falls, was launched in July 2007 and has already generated huge interest and excitement from around the globe. The award recognises Sanctuary Falls as best golf development on a number of parameters - for its innovation in architecture, quality of interior design, landscape design and quality of finish of homes in a golf course community.  

Sanctuary Falls has on offer 96 distinctly styled resort homes with traditional, modern and contemporary architecture. Numerous floor plan options are available, each with a customized landscaping plan. A number of villa sizes are available which approximately range from 5,600 sq.ft. to 10,600 sq.ft., with prices ranging from AED 9.5 million to 23 million.

Mr. Shaikh added: "I would like to extend a personal thank you to each member of our team at Shaikh Holdings and to our partners - Leisurecorp, DSA Architects, Hirsch Bedner Associates, 40North, Scavolini, Bang & Olufsen, Quintessentially and HSBC for working with us to create such a unique community experience at Sanctuary Falls. This award is a testament to their dedication to this project and their unique contribution to our offering at Sanctuary Falls".

DSA Architects (DSA) are the award-winning architects of Sanctuary Falls that have designed world-class resorts such as the One & Only Royal Mirage, Madinat Jumeirah, Park Hyatt in Dubai and many others worldwide. 40North are the resort landscape architects that have designed the landscaping plans for each of the villas at Sanctuary Falls. Hirsch Bedner Associates (HBA), world-renowned interior designers of hotel and resorts, have designed the home interiors at Sanctuary Falls.

Jumeirah Golf Estates, is a master development by Leisurecorp, a subsidiary of Dubai World. The European Tour and Leisurecorp have just recently announced a wide-ranging partnership which will create The Dubai World Championship, the world's richest golf tournament with a $10,000,000 prize fund. The inaugural Dubai World Championship will take place from 19-22 November, 2009, on either the Fire or Earth course at Jumeirah Golf Estates in Dubai, UAE, with the winner earning $1,666,660 from the $10,000,000 prize fund. 

Jumeirah Golf Estates has brought together the world's leading golfing and course design superstars, to create Dubai's premier residential golfing community. Greg Norman, Vijay Singh, Sergio Garcia and 'the father of modern golf course design', Pete Dye, are working on creating one of the world's most distinctive golf developments. Four courses - Fire, Earth, Water, and Wind - will pay tribute to the power of nature, each employing the distinctive characteristics of its own surroundings to deliver a unique challenge.

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For more information:
Dolly Nadar
Account Manager,
Percept Profile Gulf
00971 4 3446373
dolly@perceptprofilegulf.com

© Press Release 2007