Sharjah Waterfront City announces 65% sell-out of Sun Island villas; offers up to 5% discount at Acres Exhibition

Sharjah Waterfront City to release limited number of villas with mouth-watering price

More than 65 percent of the villas on Sun Island are sold out in 25 days!

Sharjah Waterfront City offers up to 5 percent discount on 3 and 4-bedroom beach villas

Developer Sharjah Oasis Real Estate ready to launch new clusters at the mega project

Sharjah, UAE - Sharjah Oasis Real Estate Developments, developer of Sharjah Waterfront City – the largest mixed-use master-planned waterfront community in the emirate of Sharjah, announces that 65 percent of its Phase I – 321 villas on Sun Island – has been sold out due to high demand and affordable pricing.

The master developer also announces that it will offer up to 5 percent discount on 3- and 4-bedroom hall beachfront villas on the remaining properties – construction of which is going on in full swing. These properties are slated for delivery in the fourth quarter of 2019.

The company is making a strong sales campaign at the Acres Middle East real estate exhibition to be held at the Sharjah Expo from March 21-23, where it expects to sell the balance properties and unveil new cluster.

“Our latest offer is unbeatable – even for any properties in the Northern Emirates. We want end-users to start buying beachfront homes and enjoy a superior lifestyle on the beach and within a gated waterfront community that includes a water theme park, a large shopping mall, 14 hotels, retail district, plenty of choices in food and beverage options to choose from – all spread across eight islands and on the beachfront landscape,” H.E. Sheikh Abdullah Al Shakrah, Chairman of Sharjah Oasis Real Estate Developments, said.

“We are offering this for a limited time and for limited number of units the prices of which will continue to go up as we move closer to development and delivery.”

The villas on Sun Island comes with private beach, landscaped gardens, the latest smart home technologies and all other amenities and facilities of a modern villa.

Sultan Al Shakrah, Chief Executive Officer of Sharjah Oasis, said, “Since the commercial launch of the project, we have received tremendous response from property buyers, investors and brokers and it is due to the high demand for quality homes, we are planning to fast-track the release of new homes ahead of schedule.

“The tremendous response from brokers – who understand the nerve of the market – is a living testimony of the significance of the project and its distinct appeal as the best waterfront project in the region.

“This is also a validation of the tremendous efforts, teamwork and dedication of our team and the ground work needed to build the infrastructure of the project that is going to take shape in the next few years as the most beautiful destination in the Gulf.”

The company is offering attractive incentives to real estate brokers with commission depending on the number of sales concluded.

Alaa Massoud, General Manager for Sales and Marketing at Sharjah Oasis Real Estate Co, says, the offer comes with a lot of value addition. “The prices of these beachfront villas will multiply by the time they are delivered. So, they are also very attractive in terms of investment properties.

“By investing in Sun Island villas, a buyer could multiply his fortunes as the price of properties within Sharjah Waterfront City will keep on going up sharply.”

Buyers could meet up with the sales team at the Acres Middle East Real Estate Exhibition, organised by Sharjah Real Estate Directorate and Sharjah Chamber of Commerce and Industry.

About Sharjah Waterfront City

Sharjah Waterfront City (SWFC) is the largest mixed-use master-planned waterfront community in Sharjah – the third largest state within the UAE federation. The project, being developed by Sharjah Oasis Real Estate Developments, is part of the economic vision of the Government of Sharjah to develop the emirate’s tourism attractions to attract a large number of international tourists who value sun, sand, culture and family tourism.

With an estimated development value of Dh25 billion (US$6.8 billion), the project will see the development of more than 95 high-rise towers, 1,500 villas and townhouses, 14 hotels and serviced apartments, two large shopping malls, a water theme park, a marina with a capacity of 800 berths – all within eight carefully designed islands – with 36 kilometres of waterfront beaches.

Once completed, the project covering an area exceeding 60 million square feet, will host more than 60,000 residents, many of whom will live, work and shop within the integrated, sustainable and green community.

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