18 May 2016
Dubai - The Shaikhani Group of Companies, a multi-billion dollar international business conglomerate with diversified interests in real estate development, trading, manufacturing and IT, has announced the handover of the AED 338 million 'Frankfurt Sports Tower I' (FST I) in Dubai Sports City (DSC).

FST I is designed by renowned consultant & Contractor M/s Al Hatmy Design & Engineering Consultancy & M/s OST Constructional Projects LLC and comprises of 224 units, including 140 studios, 56 one-bedrooms and 28 two-bedroom apartments. FST I is featuring one level of basement parking and parking on the ground floor, a concierge desk; roof top health club comprising of communal swimming pool, gymnasium, spa, steam and sauna, Jacuzzi, party hall and an outdoor terrace. In addition, occupants of the new tower will be afforded with the convenience of state-of-the-art amenities such as four hi-speed elevators, 24-hour manned security and in-house maintenance team, hi-speed internet connection and top-of-the-line surveillance and intercom system.

Shaikhani Group had chosen Dubai Sports City as the location for the FST I due to its unparalleled reputation as a world-class themed master development. Built as the cornerstone project of Dubailand, the 50 million square feet sports-centric community development is home to a number of premier sports arenas like-  a 60,000-seat outdoor football stadium, religious, educational and healthcare facilities, upscale restaurants and cafés, and retail outlets. The USD 3 billion master development can accommodate more than 70,000 people within its high value residential and commercial real estate properties. Dubai Sports City is located along the Sheikh Mohammed bin Zayed Road corridor and close to Al Maktoum International Airport and the site of Expo 2020.

"With Dubai Sports City rapidly emerging as a world class sporting hub, we believe that FST I present a compelling investment opportunity, in addition to being a destination of choice for those who wish to embrace an active lifestyle in harmony with nature and the community. We are proud to be one of the early contributors to Dubai Sports City, which has been designed and developed with a view to provide a mix of residential, retail, leisure and recreational facilities. We would like to extend a warm welcome to all residents." said Mahmood Shaikhani, Managing Director, Shaikhani Group of Companies.

Mr. Morgan, one of the first customers to take possession at FST I, said, "Seeing my new home is like a dream come true for me and my family. Shaikhani Group'sstaff and management have always been courteous and responsive to all our needs and requests. It's been a great journey towards a home we can truly call our own, and we have rested easy knowing that every little detail will be looked into. We look forward to being part of a healthy and vibrant community at FST I."

Shaikhani Group's real estate division has successfully established itself as a leading name in property development in the UAE, leveraging the rapid growth of the local and regional real estate sector by undertaking ambitious projects, which have gained widespread distinction for their unique concepts and high quality standards. The developer's project portfolio includes high profile residential and commercial projects, including Champions Tower I, II, III, and IV in addition to Frankfurt Sports Tower I, all of which are located in Dubai Sports City and Cambridge Business Centre, which is located in Dubai Silicon Oasis.

-Ends-

For further enquiries, please contact:
GLISHA GLEETUS
IMAGE MANAGER
IMAGE 360 Marketing
Hotline 00971567595591 / 0509127391
Tel: 00971 4 3862236
Email: glisha.g@image360marketing.com
URL:www.image360marketing.com

© Press Release 2016