Around 35 per cent of units in the fourth and final phase of the project have already been purchased
July 26, 2023 | Staff Reporter | UAE | Real Estate
Sharjah Sustainable City – the first sustainable master-planned residential community developed by Sharjah Investment and Development Authority (Shurooq) in partnership with Diamond Developers – has announced a strong sales performance in the first half of 2023.
Launched at Acres 2023, the fourth and final phase of the project comes after the positive response received by the first three phases. While the first two phases comprising 604 spacious and modern villas are now fully sold out, phase 3 has only limited spaces available with 90 per cent of the villas being sold. Offering desirable three-bedroom villas starting from AED 1.7 million, 35 per cent of the 324 units available in phase four have already been purchased since its launch in May, with further interest registered.
With aesthetic designs, spacious layouts, and cutting-edge smart home and energy management technologies, properties in Sharjah Sustainable City offer the best of both worlds – an attractive and future-proof investment that also offers sustainable way of living and a high quality of life.
Commenting on the project’s success, Yousif Ahmed Al-Mutawa, Chief Executive Officer of Sharjah Sustainable City, said, “The overwhelming success of Sharjah Sustainable City reflects our commitment to offering desirable properties with excellent amenities for an attractive price, as well as a shift in appetite towards green homes with eco-conscious customers who are looking to integrate sustainable living practices into every aspect of their lifestyles. The warm reception we have received in Sharjah’s real-estate market demonstrates that investors and homebuyers in the UAE now expect far more from their property purchases than just a living space – they desire a way of living that is compatible with the needs and aspirations of future generations to come.”
A sustainable community
The project is working with its residents towards creating a net-zero community that offers an aspirational lifestyle in harmony with the well-being of future generations. In 2022, phase 1 was completely handed over to homeowners and a sustainable community engagement programme by the project’s management team was launched. This programme was designed to encourage an entirely sustainable way of life, educating residents on everything related to eco-friendly living, including urban farming, landscaping, local wildlife, biodiversity, waste reduction, recycling and more.
The programme kicked off in February with the ‘Discover Your Urban Farm’ initiative introducing Sharjah Sustainable City’s residents to urban farming with access to agri pods on which they could grow their produce. This was then followed by initiatives highlighting local wildlife, the importance of waste segregation and recycling, and more.