“Shurooq Reveals Latest Investment Opportunities in Khorfakkan, Sharjah Sustainable City, and Maryam Island at Acres Real Estate Exhibition”

The Sharjah Investment and Development Authority (Shurooq) is participating in the activities of the Sharjah Real Estate Exhibition “Acres”, which will be held from May 25 to 28 at the Sharjah Expo Centre.
Shurooq will reveal to visitors the latest developments and investment opportunities within 3 of its projects, which are the “Khorfakkan Residential Project”, “Sharjah Sustainable City” and “Maryam Island”.
Shurooq’s participation coincides with the expectations of the leading international consulting firms that the real estate sector in the United Arab Emirates will maintain its flexibility throughout 2023, as Shurooq aims to keep pace with these expectations by providing more world-class options for investors and clients, individuals and institutions from the Emirate of Sharjah and various countries of the world.
Shurooq presented to “Acres” visitors the developments of the “Khorfakkan Project”, the integrated real estate investment project on Khorfakkan Beach, which embodies Shurooq’s vision to meet the growing demand for the eastern region and increase its attractiveness as a preferred destination for visitors and investors.
The project consists of 6 residential buildings including 184 apartments overlooking the Gulf of Oman. The residential units include many restaurants and shops located on the ground floor to serve residents and visitors. The project is scheduled to be completed in 2024.
Within the framework of its projects that support the environment, resources and healthy lifestyles, Shurooq provides visitors to the Sharjah Real Estate Exhibition with the developments of Sharjah Sustainable City, which was developed in cooperation between Shurooq and Diamond Developers, and began welcoming residents in August 2022 after handing over the first phase of the villas. Futuristic eco-friendly community that’s completely sold out.
After the completion of the first three phases of the project, Shurooq will announce the final phase of the city’s works within the exhibition’s activities, and introduce visitors to its pavilion to all that the city has to offer, which extends over an area of ​​7.2 million square feet, according to the highest standards of social, environmental and economic sustainability, and the first of its kind in the world. Sharjah, which relies entirely on energy sources with zero emissions, starting from treating waste water to irrigate green spaces and recycling the largest possible amount of waste, to encouraging residents to walk and use clean transportation.
Maryam Island is one of the largest and most prominent mixed-use projects in Sharjah, as it includes a variety of luxury residential apartments, restaurants and cafes on the waterfront, as well as various recreational facilities.
After the completion of the first phase of the project, which includes 688 luxury residential units, a swimming pool, a children’s play area, a multi-directional beach view, as well as a variety of restaurants and cafes, the second phase of the project has been launched and is scheduled to be completed this year, which will enhance the status of Maryam Island. As a distinctive and attractive tourist destination.
The Maryam Island project, which was developed by Shurooq in partnership with Eagle Hills Real Estate, is characterized by easy access to the entire Emirate of Sharjah in addition to the neighboring Emirates, as it is 10 km from Dubai International Airport and 15 km from the University of Sharjah.
Ahmed Obaid Al-Qaseer, Executive Director of the Sharjah Investment and Development Authority (Shurooq), said: “In light of the growing interest in the real estate market in the UAE locally, regionally and globally, especially in the past three years, as the perception of homes and neighborhoods has changed and is no longer just a place to live, but destinations and destinations for entertainment and healthy daily practices. And useful and of high quality .. Shurooq continues its efforts to develop a variety of international projects in various sectors to attract a larger number of investors who are looking forward to cooperate with the authority and expand in Sharjah, which contributes to strengthening its economy and investment environment.