The Shaikhani Group of Companies (earlier known as Memon Group of Companies) is a multi-billion-dollar international business conglomerate with diversified interests in real estate development, trading, manufacturing and IT. Headquartered in Dubai, the group recently implemented a major restructuring initiative, which has enabled a stronger market presence across 90 countries in Asia, Africa, Europe and the Middle East.
The group recently unveiled its Vision 2025, which involves plans to launch projects worth a further Dh2 billion ($500 million) in the Jumeirah Village Circle (JVC) and Arjan communities.
As part of the vision, the company embarked on the Dh228-million ($62 million) Gardenia Residency in JVC, which is slated for completion soon. According to Shaikhani, the project has been created for a discerning clientele that aspires to live in a planned community with all the modern facilities.
The low-rise building – which has four storeys – spans a massive 230,000 sq ft over two plots. It features studio, one-, two- and three-bedroom duplex furnished and serviced apartments. This project is nearly 65% completed. Rotana Contracting is the main contractor and Dimensions is the consultant on the project.
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