- Attractions include restaurants, cafes, and a fully serviced marina with a capacity of 100+ yachts and boats
- Shurooq has commenced leasing of retail spaces; six units already booked by prominent F&B franchisees
- 18 units ranging in sizes from 145 – 244 m2 are available for restaurants
- 3 units of 173 m2 are available for cafes
Sharjah : Sharjah Investment and Development Authority (Shurooq) has announced that the construction progress of its AED 87 million Al Hira Beach project in Sharjah city has marked 90 percent completion and is scheduled to open for visitors and beachgoers early next year.
Launched in February this year, Al Hira Beach extends over a 3.5 kilometre stretch across the shoreline overlooking the Arabian Gulf and is Shurooq’s largest beach development project till date. As the first leisure destination in the Al Fisht area, the beach project aims to transform this family-friendly neighbourhood in Sharjah city into a vibrant tourism destination.
The new multi-purpose beach development project forms part of Shurooq’s diversified portfolio of tourism and leisure projects and aims to fuel investment opportunities in the emirate.
The project comprises of three main clusters, with 8 retail units in each. Featuring a promenade, marina, cafes and restaurants, Al Hira Beach is the second project of its kind developed by Shurooq that aims to transform the site into a vibrant and fully serviced corniche destination. Earlier in 2019, Shurooq had opened Khorfakkan Beach, a largescale redevelopment and redesigning project in the Eastern region of Sharjah.
The Marina strategically overlooks the Arabian Gulf and is set to house more than 100 yachts and boats of different sizes. It is surrounded by a park and includes a marina club house for the owners of the yachts and boats as well as their guests. The club house features a host of facilities and services that provide a unique and holistic experience for members.
Sports facilities and children’s playing spaces
Carefully designed to align with Sharjah’s plan to offer child and family friendly public spaces, the Al Hira Beach site features 3,300m jogging and cycling tracks, sports facilities, and a children’s play area, and has an expert team of lifeguards at the beach.
Opening new avenues of beach tourism
HE Marwan bin Jassim Al Sarkal, Executive Chairman of Shurooq, said that the Al Hira Beach project will offer a range of new and unique investment opportunities that supports Shurooq’s efforts to transform the emirate into a vibrant investment hub through the development of diversified tourism and leisure destinations for residents and visitors.
“The project aims to encourage social interaction and offers parents and children safe and world-class amenities to enhance their wellbeing. Al Hira Beach will also boost the hospitality and retail sectors and support the diversification of Sharjah’s economy,” Al Sarkal added.
The site features dedicated state-of-the-art facilities to host large-scale festivals and musical events.
Extensive range of investment opportunities
Shurooq has announced that Al Hira Beach opens an expansive range of investment opportunities for investors, SMEs and businesses looking to grow or diversify their commercial operations in the emirate.
The project’s offerings include 18 units ranging in sizes from 145 - 244 m2 for restaurants, and 3 units of 173 m2 for cafes, of which six units have already been leased out to prominent F&B franchisees. The remaining units are now available for lease.
With Al Hira Beach project, Sharjah is well-poised to enrich its tourism landscape through the provision of comprehensive and fully serviced facilities that meet international standards. The project also reflects Shurooq’s mission and vision to redefine the experiences of visitors and residents in Sharjah.
For investors interested in exploring the new beach destination’s arrayed investment opportunities, they can contact Shurooq’s leasing department on +971 6 519 5910 or on email@example.com.
About the Sharjah Investment and Development Authority (Shurooq):
The Sharjah Investment and Development Authority (Shurooq) is currently leading a diversified portfolio of infrastructure projects, with a total value of more than AED 12 billion (USD 3 billion) and covering a total land space of more than 12 million sqm across Sharjah’s western, central and eastern regions.
Shurooq’s portfolio of projects reflects its mission to enhance long-term investment prospects offered by Sharjah to businesses, SMEs and startups across a wide range of sectors. Furthering this goal, the authority has been driving Sharjah’s Public Private Partnerships (PPPs) through joint ventures with key local and global brands.
Through each of its focus sectors, Shurooq takes the responsibility of driving investments and creating new partnerships that effectively boost Sharjah’s economy and FDI growth, working closely in partnership with numerous state and federal entities contributing Sharjah and UAE’s economic standing and development.
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.