Tuesday 14 August 2018

Al Thuriah set to launch new tower in Sharjah

SHARJAH, September 19, 2017

UAE-based Al Thuriah Properties, a premier property developer specialising in high-rise residential towers and communities, is set to launch a new tower in the northern emirate of Sharjah early next year.

The announcement comes after the developer revealed it has completed 50 per cent of the construction of Sahara Tower 6 and sold all 33 of the three-bedroom apartments as part of its recent Cityscape Global promotion.

Due to high demand, Al Thuriah Properties is now negotiating with other investors on the sale of all existing units in Sahara Tower 6, said a top official.

"The real estate market in UAE remains solid and has many investment opportunities. This has been demonstrated by the high turnout of visitors to our pavilion at Cityscape Global and the high demand for direct sales during the event," remarked Raymond Khouzami, the CEO of Al Thuriah.

Al Thuriah Properties, he stated, has sold many of the residential units in Sahara Tower 6, which comprises two adjacent high-rise towers with 39 and 21 floors respectively.

"The real estate market in Sharjah is strong and robust, which has encouraged us to launch another residential tower early next year," he added.

Offering world-class amenities at affordable and attractive prices, Sahara Tower 6 includes 376 apartments spread across two towers, said the UAE developer.

Each unit in the high-rise complex comes with two free parking spaces, with floor space starting at 2,240 sq ft, and all apartments are available for freehold ownership and comply with the laws and regulations in the emirate of Sharjah.

The completion of Sahara Tower 6 is scheduled for December 2019, he added.-TradeArabia News Service

Tags: UAE | tower | Sharjah |

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