Shaikhani Group, a Dubai-based real estate developer, is eyeing investors from Pakistan as more and more Pakistani investors buy property in the UAE.
The developer exhibited its properties in Abad-Jang Expo, a real estate exhibition held in Islamabad from Friday to Sunday last week.
The expo is the largest real estate show in Pakistan, with a visitor footfall of 30,000. The show attracts property developers, builders, town planners, contractors, 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 favorite destination for Pakistanis due to the 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 the UAE and Pakistan. In this scenario, we see a high potential in Pakistani home buyers.”
Gardenia Residency at Jumeirah Village Circle has studios, in addition to 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 features a lifestyle boutique, private terraces, gardens, landscaped parks, secure car parking, retail area and restaurants.
Gardenia Residency comes with an attractive 50:50 payment plan that allows property buyers to pay up to Dh399,500 ($108,769) or 50 percent in installments 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,” Shaikhani said.
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.
In February this year, Shaikhani Group announced the delivery of 135 residential units housed in Champion Tower 1 where residents are expected to move in over the coming weeks, the statement said.
Jumeirah Village Circle, located in 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 and the Expo 2020 site, and connects well to all the neighborhoods due to the strong road networks surrounding it.