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Tuesday, 21 March 2017

New developer pumps Dh2b plus into Sharjah projects | GulfNews.com

New developer pumps Dh2b plus into Sharjah projects | GulfNews.com:

"Sharjah’s property market is seeing the big investment plays coming through. A three-way alliance involving the Sharjah Government entity Shurooq, Dubai’s Emaar Properties and Eagle Hills is to oversee three projects with a combined value of Dh2.47 billion.
The largest of these will be a Dh2.26 billion “Maryam Island”, a mixed-use development located between Al Khan Lagoon and Al Mamzar peninsula.
The other projects from Omran Properties — the name of the new venture — are the Al Khan Village Resort, a five-star hotel costing Dh120.6 million, and Kalba Waterfront Mall in the Eastern region of the emirate and a development cost of Dh106 million. The land area is around 364,000 square meters and with a leasable retail area of 18,581 square meters."



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