Shaikh Holdings Wins Eight Awards for Sanctuary Falls at the 2010 Arabian Property Awards

NEW YORK, Nov. 28, 2010 /PRNewswire/ -- Shaikh Holdings is pleased to have gained unprecedented success at the 2010 Arabian Property Awards. The awards are an annual event that recognise high quality real estate developments at the country and regional level, and were presented at a gala dinner at the Madinat Jumeirah hotel in Dubai, UAE.

For the third time since 2007, Sanctuary Falls is the recipient of the 'Best Golf Development' award, while also being awarded in the following country categories: Best Development (Dubai), Best Property (Dubai), Best Interior Design (Dubai) and Best Development Marketing (Dubai).

Across the Middle East, Sanctuary Falls won awards in a further three regional categories including: 'Best Golf Development', 'Best Property' and 'Best Development Marketing', taking the total to an outstanding 8 awards on the night.

Speaking at the awards, Zeeshan Shaikh, Chief Marketing Officer at Shaikh Holdings said: "We are honoured that Sanctuary Falls has won awards in a number of different categories and has been recognised for excellence at the regional level. I would like to thank the entire Shaikh Holdings team for their continued passion and dedication towards this project. Our team's efforts have been integral to the success of our projects and these awards are a testament to the spirit of excellence that we continually strive for at Shaikh Holdings."

Although the development has received international acclaim for pioneering the 'resort home' concept, a special highlight of the 2010 event were awards received specifically for the 'first resort home', the Sanctuary Falls show villa (SF-67). The villa was awarded 'Best Interior Design' and 'Best Property' across Dubai and the Middle East.

Mr. Shaikh added: "We would like to extend a personal thank you to our family of partners – Arabtec Construction, DSA Architects, Hirsch Bedner Associates, 40North, LMS, Scavolini, Archimedia, Bang & Olufsen, Miele, Quintessentially and HSBC. As we move toward completion, we are proud of how strongly our partners have transformed our vision for this community into reality. It is through tireless work and dedication, that together we have made it the world-class proposition that it is today."

The development is now the recipient of an outstanding 15 regional and international awards, making it amongst the highest awarded developments in the entire Middle East. This year's awards were in association with Bloomberg, The New York Times and the International Herald Tribune.

Shaikh Holdings has also announced its support as the 'Official Exhibition Supporter' for the European Tour's season finale 2010 Dubai World Championship, being held on the Earth course at Jumeirah Golf Estates from November 25 to 28, 2010. Sanctuary Falls' villas overlook the Earth golf course and the project will be showcased at the Championship Village during the four day tournament. Other key sponsors for the high profile event include DP World, Rolex, Emirates, BMW, Ralph Lauren and Atlantis Hotels & Resorts.

Notes to editors:

About the developer – Shaikh Holdings

Shaikh Holdings is the developer of the Sanctuary Falls community located in Jumeirah Golf Estates in Dubai, UAE.

Shaikh Holdings is a private holding company with entrepreneurial roots in the Middle East dating back to 1913.

Over the years, Shaikh Holdings has diversified its business activities, with core interests in real estate investment and development, retail and trading. Expansion into real estate investments and development has driven the company to look at both regional and international markets. Its vertically integrated real estate arm specializes in the acquisition, development, marketing and sale of exclusive properties worldwide.

The company's real estate development activities are focused on providing quality lifelong experiences, and involve building lifestyle communities that feature waterfront and golfing elements around the world.

SOURCE Shaikh Holdings