Al Majid Property Company’s UAE projects hit 85% occupancy rate during the first quarter of 2021, signalling development and growth in the real estate market in the UAE, especially in Dubai and Sharjah despite the pandemic. CEO Ayman Ali Okasha revealed that the performance indicators of Al Majid Property Co. witnessed a remarkable growth during […]
Arada has announced that it has secured a Dh250 million Islamic facility from Dubai Islamic Bank (DIB) to finance general construction at its Aljada megaproject in the heart of New Sharjah. The credit facility is in addition to an initial Dh300 million financing arrangement secured from the bank at the start of this year. The […]
Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of Sharjah Executive Council (SEC), chaired, on Tuesday, in the presence of Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of SEC, the weekly meeting of SEC. The meeting, which was held […]
Sharjah Sustainable City (SSC), an eco-friendly community by Sharjah Investment and Development Authority (Shurooq), has received the Real Estate Excellence Award for the year 2020 from the Sharjah Real Estate Registration Directorate (SRERD). The Real Estate Excellence Award is an initiative by the Government of Sharjah to recognise outstanding achievements in the emirate’s real estate […]
The Sharjah Real Estate Registration Department has announced that 15 different institutions have won the Real Estate Excellence Award, which was launched by the department last February. The awards are part of its endeavour to support and to stimulate the real estate sector, which is witnessing steady and stable growth after it overcame the repercussions […]
The Preparation of Draft Recommendations Committee in Sharjah Consultative Council (SCC) prepared, during its meeting at the council’s headquarters, the recommendations that it will submit to the Council during its next session, discussing the policy of the Real Estate Registration Department (RERD) in the Emirate of Sharjah. His Excellency Dr. Abdullah Ibrahim Al Darmaki, Chairman […]
Acres 2021, one of the largest event of its kind in the region, will be held from 23-25 September. Sharjah, 14 June 2021 The Organizing Committee of Sharjah Real Estate Investment Exhibition -Acres 2021- has announced that preparations are underway to hold the 8th edition of the Real Estate Investment Exhibition – “Acres”, one of […]
Yousif Ahmed Al-Mutawa, CEO of Sharjah Sustainable City, discusses progress on a megaproject that will put the emirate on the Sustainable development map. Over the last few years, there has been a considerable shift in attitudes towards the concept of sustainable development, particularly in the GCC region. Where developers were once disdainful about the need […]
Arada is developing the 2.2km2 and $6.5bn (AED24bn) Aljada megaproject Sharjah among other projects. Arada, a joint venture between KBW Investments and Basma Group, is ramping up its efforts on providing an uplift to Sharjah’s real estate landscape. The developer started the year on a high note, marking the launch of its third project, a […]
Dubai – Sharjah-based property developer Alef Group has launched the Al Mamsha Seerah phase of its flagship mixed-use development Al Mamsha. Issa Ataya, CEO of Alef Group, stressed the importance of the project in preserving the elements of Sharjah’s rich history to provide a modern lifestyle for local communities and retailers alike. Valued at Dh1.6 […]
