Dubai-based property developer, Shaikhani Group, has handed over 224 units in 2016, the company has announced.
Mahmood Abu Baker Shaikhani, managing director of Shaikhani Group, said: “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.
“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.
Currently, the group boasts of a total development portfolio value of $952m (AED3.5bn) involving the development and delivery of 2,100 residential units spreading across 12 towers.
Shaikhani added: “These achievements are further endorsed in multiple awards that are direct recognition of the strong team efforts within Shaikhani Group. 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.”