"The most beautiful place" The waterfront projects are reviewed in the Hamriyah area of Sharjah
Sharjah on April 22 / WAM / The “Ajmal Place of Real Estate Development” company reviewed during the exclusive exhibition organized by its new residential projects on the islands located on the Hamriyah Beach in Sharjah at an estimated cost of 25 billion dirhams, in the presence of a number of investors from the UAE, the Gulf Cooperation Council countries, India, Pakistan, Russia, China and Europe looking to achieve rental returns and long -term investment value.
The exhibition includes Al -Thuraya Island, “The Vio Island” and “Blue Beach Residence”, all of which represent part of the city of the most beautiful city – Sharjah marine interface, where the project extends over an area of 60 million square feet and was designed to accommodate more than 60,000 residents distributed over eight islands and is one of the largest multi -use waterfront projects in the northern Emirates.
Sultan thanked the CEO of the most beautiful real estate development company that the demand for real estate overlooking the waterfront in Sharjah is witnessing a remarkable acceleration and this is due to the limited offer and the increasing interest in investments that focus on the lifestyle and through this event we can provide a direct look at projects that represent architectural excellence and give long -term value, along with their role in promoting the development of complexes Life -shed residential.
It is expected that the exhibition will highlight the emerging position of the Emirate of Sharjah in the scene of luxury real estate on the waterfront, especially with the registration of hundreds of investors and strong attention by regional and international buyers and in light of the strong prospects for increasing capital and coastal strategic expansion highlighting Sharjah as an attractive destination for global investors in light of the growth of the real estate sector in Sharjah, a steady growth as a result of increasing attention Local and international buyers.
The coastal real estate is witnessing a great demand throughout the UAE and according to statistics issued by “Bruce Monitor”, housing projects overlooking the waterfront witnessed a 17% increase in prices on an annual basis, while selected areas in Sharjah recorded a growth of 20%.
Sharjah is still one of the few Emirates that provides free ownership of real estate overlooking all nationalities, which is a major factor that contributes to attracting global investors who seek to grow capital and attractive lifestyle.
It is estimated that the revenues of real estate lease overlooking the waterfront in Sharjah ranges between 5% and 8%, according to “houses” and “Dubizzle”, which enhances the status of “the most beautiful place” as an attractive investment.
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