Sharjah Is Getting Some Serious Upgrades Worth AED 2.5 Billion
Sharjah’s taking things to the next level with three new projects launching later this year. Omran properties, a Sharjah-based real estate developer, is creating projects that will cost a whopping total of AED2.47 billion ($672.4 million).
Wow.
One of the projects, Maryam Island, will cost AED2.26billion
One of the three projects will include Maryam Island, located between Al Khan Lagoon and Al Mamzar Peninsula, according to WAM. The 364,000 square metres space will include residential houses, apartments, hotels and leisure areas.
Omran Properties will play an important role in diversifying real estate in Sharjah
“The huge projects unveiled by Omran Properties are the first in a series of developments in different sectors that will play a crucial role in changing the investment and real estate sphere in Sharjah. Sharjah is increasingly becoming an international focal point for business, hospitality, tourism and trade, and with the vital collaboration between government and the private sector, the emirate becomes an even more attractive proposition for domestic and foreign investors.”
Sheikha Bodour bint Sultan Al Qasimi, chairperson of Shurooq and Chairperson of the Board of Directors at Omran Properties