Saturday 30 May 2020

Sharjah Holding launches exclusive freehold residential plots

SHARJAH, September 15, 2019

Sharjah Holding, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, has announced the launch of its newest neighbourhood - Orchid - featuring a limited number of exclusive residential plots, ranging from 5,000 to 12,000 sq ft, with ready infrastructure at the emirate’s premier lifestyle destination, available to all nationalities.

This one-of-a-kind freehold development with a direct connection to the Northern Emirates’ largest mall - City Centre Al Zahia - and Sharjah’s biggest private park - Al Zahia Central Park - will offer a luxurious lifestyle, said the developer in a statement.

For the first time, it will be possible for buyers to design and build bespoke luxury mansions and villas at Al Zahia.

The neighbourhood was designed in response to buyers’ growing demand for premium plots where they can design their own signature homes and enjoy the amenities of Sharjah’s premium gated community, said the statement from Sharjah Holding.

The plots at Orchid will spread across the 1.4 million sq ft neighbourhood, providing privacy and a sense of community.

The 8,000-12,000 square feet plots are ideal for villas with 6-8 bedrooms, while the 5,000 square feet plots will comfortably accommodate a 4-bedroom villa. Buyers can choose to increase the size of their properties by amalgamating adjacent plots, it added.

Shadi Al Azzeh, Al Zahia Project Head at Majid Al Futtaim Properties, said: "Al Zahia has established an excellent reputation by building high quality homes, creating Sharjah’s most desirable community and fostering a genuine sense of belonging."

"Today, we are delighted to launch Orchid, our latest exclusive neighbourhood that offers both the flexibility of designing and building your own home and all the benefits and privileges of Al Zahia’s premier lifestyle," noted Al Azzeh.

"We are constantly striving to meet our customers’ needs, and the launch of Orchid’s premium plots reflects Al Zahia’s maturity and appeal and the strong growing demand from distinctive customers who aspire to create unique homes for their families at Sharjah’s premier lifestyle destination," he noted.

In addition to the community’s prime location and the convenience of a direct connection to the many leisure, entertainment and dining options at City Centre Al Zahia, buyers can benefit from a range of flexible payment plans with a down payment of 5%, he added.

Sharjah Holding's Chairman Waleed Al Sayegh said: "Widely recognised as a centre for culture, heritage and education, Sharjah is also a hub for investment. The appeal of the emirate’s advanced infrastructure, legislation, economic stability and geographic location was reflected in real estate transactions valued at more than Dh14 billion in the first half of 2019."

"We are committed to a long-term vision for Sharjah’s growth and we are launching Al Zahia’s newest neighbourhood to meet the market’s needs," he stated.

In addition to all the benefits of Al Zahia’s unrivalled lifestyle, home-owners in Orchid will have the opportunity to create a legacy that can be enjoyed by future generations. With up to 800 families already in residence and enjoying great moments every day, Al Zahia is a vibrant community hosting events and activities designed to foster engagement and promote a sense of belonging.

Prospective owners and investors can get a sense for the Al Zahia experience by visiting the Show Village, said the Sharjah-based developer.

Strategically located in the heart of New Sharjah, Al Zahia will be home to more than 12,000 residents in villas, townhouses and apartments with leisure facilities and prime retail offerings upon completion in 2023.

A pedestrian bridge in the community will provide a direct connection to the Dh2.6 billion City Centre Al Zahia – a super-regional mall set to open in 2020 that will position Al Zahia as the emirate’s main attraction for the greater Sharjah population.-TradeArabia News Service


More Construction & Real Estate Stories

calendarCalendar of Events