Shurooq has unveiled significant advancements in three prominent real estate projects in Sharjah during the ACRES 2023 event.

Shurooq has unveiled significant advancements in three prominent real estate projects in Sharjah during the ACRES 2023 event.

May 21, 2023 28

As the UAE’s real estate sector continues to show resilience in 2023, the Sharjah Investment and Development Authority (Shurooq) is making significant progress in providing world-class options for investors, buyers, and businesses in the emirate of Sharjah. With three major developments—Sharjah Sustainable City, Maryam Island, and Khorfakkan Residences—worth billions of dirhams, Shurooq is fulfilling its comprehensive plans to enhance the real estate landscape in Sharjah.

Shurooq will showcase the latest updates and lucrative investment opportunities for these three projects during its participation in the Sharjah Real Estate Exhibition, ACRES, scheduled to take place from May 25th to 28th at the Expo Centre Sharjah.

Visitors to ACRES 2023 will have the opportunity to witness firsthand the exciting opportunities presented by Shurooq’s developments, which will be exhibited in Hall 1 of the event.

One of the prominent projects, Khorfakkan Residences, epitomizes Shurooq’s commitment to providing integrated infrastructure to the captivating eastern enclave of Sharjah. Comprising six meticulously designed residential buildings with a total of 184 units, this development offers a breathtaking panoramic view of the Gulf of Oman. Set for completion in 2024, these state-of-the-art residences blend architectural finesse with the surrounding natural beauty, creating an exceptional living experience defined by tranquility and sophistication.

In addition to the residential units, Khorfakkan Residences will feature a range of amenities and services on the ground level. Retail stores, restaurants, and various outlets will cater to the needs of residents, enhancing their convenience and quality of life.

Another noteworthy project by Shurooq is Sharjah Sustainable City, a groundbreaking development that aims to create a sustainable and eco-friendly community in Sharjah. This ambitious project integrates renewable energy sources, green spaces, and smart technologies to promote a sustainable lifestyle. Sharjah Sustainable City will offer a mix of residential, commercial, and recreational spaces, providing a holistic living experience for its residents.

Maryam Island, the third significant project, is an island destination that embodies luxury and leisure. Strategically located in the heart of Sharjah, Maryam Island offers a diverse range of residential and commercial properties, including apartments, villas, and retail spaces. With stunning waterfront views, lush landscapes, and an array of amenities, Maryam Island is set to become a sought-after destination for residents and tourists alike.

Shurooq’s participation in ACRES 2023 signifies its commitment to promoting these exceptional developments and attracting investors from around the world. By showcasing the progress and investment potential of Sharjah Sustainable City, Khorfakkan Residences, and Maryam Island, Shurooq aims to position Sharjah as a leading destination for real estate investment and development.

Continuing its commitment to shaping the real estate landscape in Sharjah, Shurooq is dedicated to delivering world-class options that cater to diverse investor profiles and cater to the evolving needs of the market. With leading global consultancies predicting the resilience of the UAE’s real estate sector in 2023, Shurooq’s three flagship developments, Sharjah Sustainable City, Maryam Island, and Khorfakkan Residences, are poised to make a significant impact in the industry.

Sharjah Sustainable City, one of Shurooq’s most ambitious projects, is a testament to the authority’s commitment to sustainability and environmental stewardship. Designed as a fully integrated and self-sustainable community, the city will incorporate innovative green technologies, renewable energy sources, and eco-friendly practices. The development aims to create a harmonious balance between urban living and environmental preservation, providing residents with a high-quality lifestyle while minimizing their ecological footprint. With a range of residential options, commercial spaces, educational institutions, and recreational facilities, Sharjah Sustainable City is set to redefine sustainable living in the region.

With leading global consultancies predicting the continued resilience of the UAE’s real estate sector, Shurooq’s ambitious projects align with the growing demand for high-quality properties and sustainable communities. As Shurooq shares the latest updates and investment opportunities at ACRES, it further strengthens its role in shaping the future of Sharjah’s real estate market and contributes to the emirate’s overall economic growth and prosperity.

Swati Gupta
swati
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