Fitting
the way to success
UAE BASED HAMMER & NAIL announces 2 Billion Dirhams
turnover in 2014 with interiors & Fit out projects for top companies like Geant,
Bateel, Redtag
The
corporate headquarters of UAE based Interiors and fit outs firm, Hammer and
Nail is abuzz with energy and enthusiasm. The company has announced its results
for 2014, and has crossed a cumulative turnover of 2 Billion Dirham’s. It has
reached this landmark figure with the completion of 600+ turnkey projects in
the Middle East, stamping its arrival in the big league. During this period, it
has worked with reputed retail brands like Bateel, Geant and Redtag and is the
preferred partner for leading realty developers like Emaar, Nakheel and Déjà Vu
properties, an indication of its uncompromising quality and service
orientation.
The
story of Hammer and Nail is reflective of the burgeoning interiors and fit outs
sector in the United Arab Emirates. Interiors and fit outs is a billion dollar
industry in UAE accounting for $ 2.73 Billion in 2014 and contributes to 35% of
the GCC Interiors market, as per data from ventures middle east. There is a
growing willingness by expatriates to buy homes in UAE, and residential sector
is the biggest contributor to the demand for interiors and fit outs. 39000
homes are to be delivered in Dubai over the next 2 years, over the existing
total stock of 365000 units in the pipeline.
The
man at the helm, Mr. Mohammed Akif, Managing Director and Founder, Hammer and
Nail, has witnessed the rising demand for this sunshine sector. Established in
2008 by the two brother’s team of Mr. Mohamed Akif and Mr. Ahid Shaikh, the
company has successfully made the transition from being a maintenance company
to a respected services brand in interiors and fit out solutions. "We started as a maintenance company with
humble beginnings. What has remained consistent and will continue to remain so
through our growth story is our commitment to quality, cohesive team work and
orientation towards our customers". Mr. Akif says.
When
queried about the future of Hammer &
Nail, Mr. Akif details us of his plans to expand its operations beyond UAE,
and has set up offices in Saudi Arabia, UK and South East Asia. The Company has
also started working towards expanding in landscaping, specialist contracting
and even real estate development. With strategic moves to diversify across
markets and sectors, it is assured that the company is headed towards the north
in 2015 and beyond; and will establish itself as a powerhouse in construction
and real estate.
About Hammer & Nail
Established
in 2008, hammer and nail is a market leader in Turnkey Fit outs and Interiors
solutions in the Middle East, providing a one stop solution to all its clients
right from space planning, designing to furniture finishing. The company, with
its state of the art processing and machinery unit in Dubai, has worked with
international brands/ properties like Geant, Redtag,
Bateel, and iconic projects like Emirates Hills to provide the
highest levels of inspired design and convert the brand personality into
physical spaces. As Part of Déjà Vu properties, the combined group has steadily
increased to a turnover of 1.4 Billion USD expected by the end of 2014, growing
at an astounding rate of 35+ % YOY since 2012. It boasts of a 125 member
creative and skilled professional staff, thus making it one of the largest fit
outs companies in UAE.
Nice blog and informative as well.
ReplyDeleteReally a helpful information.
Thanks for share it.
turnkey solutions company uae
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