Over Dh2.5 billion in sales have been made in all four stages of Sharjah Sustainable City, the first sustainable master-planned residential community created by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Diamond Developers.
This significant event highlights the growing need for and awareness of sustainable living alternatives, as only a small number of the original 1,250 villas remain. Additionally, it offers potential purchasers one last chance to reserve a villa in this coveted sustainable neighborhood.
Impact on Sharjah’s Real Estate Market
The emirate’s real estate market is a significant driver of economic growth, and this milestone validates it. In the first half of 2024, the value of real estate transactions in the emirate increased by 35.6% compared to the same time in 2023. Sharjah Sustainable City is pleased to be a part of this encouraging trend, drawing attention from buyers and investors and enhancing their faith in Sharjah’s real estate industry. This achievement highlights Sharjah’s unique benefits.
The city satisfies the highest requirements of social, environmental, and economic sustainability and is a model of mixed-use development. Its accomplishments have piqued the interest of people and families ready to adopt an eco-friendly lifestyle and support its larger goal of reaching Net Zero Energy.
CEO’s Statement
Yousif Ahmed Al-Mutawa, Chief Executive Officer of Sharjah Sustainable City, said: “As a strategic supporter of the Government of Sharjah’s sustainable development objectives, we are thrilled by the overwhelming response to Sharjah Sustainable City — a clear indicator of the rising demand for sustainable living solutions in Sharjah. We are proud to see our vision of an eco-conscious community resonating so strongly with residents and investors from different countries. As we welcome more residents, we look forward to continuing to set new benchmarks for sustainable urban development and making our city a globally renowned development.“
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Project Details and Amenities
The community, which spans more than 7.2 million square feet and is located in Sharjah’s Al Rahmaniya neighborhood, offers a variety of facilities to encourage a sustainable way of life, such as urban farming, large green areas, bike and walking paths, fitness centers, EV charging stations, and a library. Along with other sustainable measures like thermally insulating building materials, smart home automation, energy-saving electrical fittings, and rooftop solar PVC installations, all villas are also smart homes with energy-efficient kitchen appliances that help save up to 50% on utility bills.
