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Sat 21 May 2016 10:23 AM

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Sharjah gov't JV awards contract to build huge homes project

Construction of Al Zahia will take place in several stages, eventually becoming home to 12,000 residents

Sharjah gov't JV awards contract to build huge homes project

Sharjah Holding, a partnership between the government of Sharjah and Majid Al Futtaim Properties, has awarded the first stage of the construction contract for the new Al Narjis neighbourhood in Al Zahia to Al Qabdah Building Contracting.

Construction of the first residential gated community in Sharjah will take place in several stages, eventually becoming home to approximately 12,000 residents.

With an expected completion date of 2022, the project will occupy 1,000,000 sq m, the equivalent of 140 football pitches, a statement said.

It added that Al Zahia is expected to contribute AED5.5 billion to Sharjah's economy upon completion.

Walid Al Sayegh, chairman of Sharjah Holding, said: "It is an exciting time for Sharjah Holding as we move forward with the construction of Al Narjis, the second neighbourhood in Al Zahia. We look forward to beginning work in the coming months and seeing our thriving community continue to expand and evolve."

He said construction of the first phase of Al Zahia is set to start this month and will include three and four bedroom townhouses, and five bedroom villas.

It also features a new neighbourhood park, which will include adventure play equipment for children of all ages, fitness stations and multi-functional open spaces.

Samer El Achkar, CEO of Al Qabdah Building Contracting, added: "It is an honour to partner with Sharjah Holding once more to deliver the Al Narjis neighbourhood in Al Zahia. We are committed to building it to a high standard of quality, while using the sustainable construction practices that create optimal living environments designed for life-long value."

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