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- Al Yasmeen will offer 200+ premium properties upon completion
Sharjah, UAE: Al Zahia — Sharjah’s premier lifestyle destination — has taken another step towards its scheduled 2023 completion with the launch of the final phase of the Al Yasmeen neighbourhood to interested homebuyers and investors. The launch also marks the final release of properties at Al Zahia overall, and follows enthusiastic demand for the recent first phase launch of homes at Al Yasmeen.
Buyers eager to secure a home in the first gated and most prized community in the northern emirates have been encouraged to register their interest soon. Al Zahia features a range of upscale amenities, including a first-of-its-kind clubhouse for a community in Sharjah. Exclusive to residents, The Clubhouse will provide resort-style experience and a place to socialise and unwind. Distinguished by a focus on accessibility, Al Zahia also offers direct access to the upcoming City Centre Al Zahia — the northern emirates’ largest mall — ensuring ultimate convenience.
The final neighbourhood to be launched in Al Zahia, Al Yasmeen is designed for discerning families and young couples that demand a unique lifestyle in a prime destination. The neighbourhood will comprise a mix of more than 200 villas, townhouses and garden homes ranging from two to six bedrooms. Al Yasmeen — complementing Al Zahia’s six neighbourhoods — reflects a unique philosophy of placemaking that resonates with residents. Here, homeowners are offered a welcoming space marked by a sense of belonging that inspires great memories, encourages connection with others, and invites residents to build rich, fulfilling lives for them and their families.
The neighbourhood’s modern, well-equipped homes, six themed sensorial parks and sustainable design have all contributed to Al Zahia’s burgeoning reputation as Sharjah’s most sought-after destination. To date, 65 per cent of the project has been sold and more than 800 families of different nationalities already call the community home. The volume of interest and pace of investment in Al Yasmeen — and the community as a whole — attest to the effectiveness of Al Zahia’s buyer-focused strategy; an approach that prioritises the needs and demands of modern buyers and investors and places them at the heart of all developments.
Shadi Al Azzeh, Al Zahia Projects Head at Majid Al Futtaim Properties, said, “Al Zahia is a unique community with its carefully crafted neighbourhoods that cater to the needs of modern buyers who aspire meaningful connections and engagements. The release of the final phase of homes at Al Yasmeen in Al Zahia is a welcome sign of buyer confidence given the challenges faced by the market this year. With increasing demand for the latest launch of Al Yasmeen’s homes, we expect this latest phase of sales to close in record time. Such high demand is no surprise, with Al Yasmeen offering so much towards a fulfilling life, be it sports, art or creativity thanks to its natural surroundings and The Clubhouse.”
Walid Al Hashimi, Sharjah Holding’s Chief Executive Officer, added, “Al Zahia is well established as Sharjah’s premier lifestyle destination. As modern as it is true to Sharjah’s culture and traditions, Al Zahia has been met with such a favourable response by buyers and investors; including people from the emirate and beyond. We are excited by this final phase and look forward to completing the last piece of the puzzle towards the full completion of Al Zahia in 2023.”
Al Zahia is part of the strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management. On completion, the entire Al Zahia development will include a total of 3,700 homes. Al Zahia is located off Sheikh Mohammed bin Zayed Road and directly on University City Road.
https://www.alzahia.ae/en/live/our-neighbourhoods/al-yasmeen
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Disclaimer: All facts and figures in this release are accurate at the time of issuance.
About Al Zahia
Al Zahia – owned by Sharjah Holding and managed by Majid Al Futtaim Properties – is a milestone development that will help diversify the real estate sector of the Emirate of Sharjah. Sharjah’s premier lifestyle destination – rooted in the emirate’s values of family, community and culture – Al Zahia is on par with the high-quality, international building standards for which its developer, Majid Al Futtaim Properties, is known.
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About Sharjah Holding PJSC
Sharjah Holding, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, is a community-focused real estate developer. Sharjah Holding’s current focus is on the development and management of retail and mixed-use projects in the Emirate of Sharjah. These include Matajer, a neighbourhood shopping centre concept, and Al Zahia, Sharjah’s premier lifestyle destination.
Disclaimer: All facts and figures in this release are accurate at the time of issuance.
About Majid Al Futtaim
Founded in 1992, Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.
A remarkable business success story, Majid Al Futtaim started from one man’s vision to transform the face of shopping, entertainment and leisure to ‘create great moments for everyone, every day’. It has since grown into one of the United Arab Emirates’ most respected and successful businesses spanning 16 international markets, employing more than 43,000 people, and obtaining the highest credit rating (BBB) among privately-held corporates in the region.
Majid Al Futtaim owns and operates 27 shopping malls, 13 hotels and four mixed-use communities, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, Mall of Egypt, City Centre malls, My City Centre neighbourhood centres, and five community malls which are in joint venture with the Government of Sharjah. The Company is the exclusive franchisee for Carrefour in a number of markets across the Middle East, Africa and Asia, operating a portfolio of more than 300 outlets and an online store.
Majid Al Futtaim operates more than 500 VOX Cinemas screens and 34 Magic Planet family entertainment centres across the region, in addition to iconic leisure and entertainment facilities such as Ski Dubai, iFly Dubai, Dreamscape and Ski Egypt, among others. The Company is parent to the consumer finance company 'Najm', and a Fashion, Home and Specialty retail business representing international brands such as Abercrombie & Fitch, Hollister, AllSaints, lululemon athletica, Crate & Barrel, Maisons du Monde and LEGO. In addition, Majid Al Futtaim operates Enova, a facility and energy management company, through a joint venture operation with Veolia, a global leader in optimised environment resource management.
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