The AED 3 billion ($810 million) Sharjah Al Mamsha project, developed by Alef Group will be fast-tracked to ensure completion in record time.
Al Hamad Building Contracting Company has been appointed as the main contractor for the Al Mamsha project.
The Al Mamsha project will be the first fully walkable and car-free community in Sharjah, UAE. It will span a total land area of around three million square feet. There will community facilities including swimming pools, health club and gym facilities, walkways, nurseries, family entertainment centre, kids’ zone, and retail area.
It will also feature real estate including studios, one-, two- and three-bedroom apartments. There will be a selection of duplexes and penthouses.
Developers Alef said that the project has seen “rapid progress in the development work”.
Entertainment Zones
The plans also include entertainment zones that will provide community and cultural benefits.
‘The Khan’ will be the central F&B hub of Al Mamsha, while the ‘Entertainment Zone’ includes a live event platform to host musical concerts, art galleries, Friday market, food tasting and outdoor fitness events.
Issa Ataya, managing director of Alef Group, said: “Al Mamsha project is on track and the construction is progressing rapidly after the appointment of Al Hamad Building Contracting Company as the main contractor.”
“After performing extensive research in the Sharjah market, We see an inevitable need for a project like Al Mamsha and we are confident that it will be a valuable addition to the community.”
In phase one of construction seven buildings will be constructed, of a total 33 to be built.
The total value of real estate transactions in Sharjah grew by 20.3% in 2017 to AED29.8 billion.
In July, The Ministry of Climate Change and Environment (MOCCAE) in the UAE unveiled its National Ecotourism Project. The aim is to shine a light on the country’s ‘natural wonders’, and capitalise on the growing trend for global ecotourism.
Image courtesy Al Mamsha
https://www.arabianbusiness.com/construction/404182-wkd-810m-car-free-sharjah-real-estate-project-being-fast-tracked
