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Tag Archives: Majid Al Futtaim

City Centre Sharjah expansion nears completion

The AED 260 million (US$ 71 million) redevelopment and expansion of City Centre Sharjah, one of Sharjah’s largest shopping malls, is now 75 percent complete. The redevelopment, which will add 13,700 square metres (147,466 sq. ft.) of retail space, is now entering its final phase, according to mall-owner Majid Al Futtaim. The mall project is expected to create hundreds of ...

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Sharjah Holding launches third Al Zahia neighbourhood

Sharjah Holding has launched a third neighbourhood in its AED 5.5 billion ($1.5b) Al Zahia mixed-use gated community development. The new Al Lilac neighbourhood will be one of seven in Al Zahia and will consist of 120 residential units. About 2,270 homes are expected to be built in the 14 million square foot master-planned development by 2022. Developed by Majid ...

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Majid Al Futtaim invests AED 260 million in City Centre mall expansion

Majid Al Futtaim will invest AED 260 million (US$ 71 million) in the redevelopment of City Centre Sharjah, one of Sharjah’s largest shopping malls located on Al Wahda street in the centre of the city. Scheduled for completion in the last quarter of 2017, the expansion will add 13,700 square metres (147,466 sq. ft.) of retail space and is expected ...

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MAF building ‘super-regional’ mall in Sharjah

Majid Al Futtaim Holding is building a ‘super-regional’ shopping mall at Al Zahia community in Sharjah, which is planned to open in 2018. Al Zahia is a 1.3 million square metre (14m sq ft) masterplanned gated community being developed by Majid Al Futtaim and owned by Sharjah Holding, a joint venture between Majid Al Futtaim and the Government of Sharjah. ...

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Al Zahia properties handed over

Forty-nine homeowners have taken possession of new properties in the US$1.36 billion (AED5 b) Al Zahia mixed-use gated community development in Sharjah. According to the developers, fifty-one homes have been completed, including two show homes, and another 197 units will be built by Q2 2016. Developed by Majid Al Futtaim and owned by the government company Sharjah Holding, the community ...

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Sharjah opens up property market to expats

The Emirate of Sharjah has updated laws regulating Sharjah’s property market to allow foreign expatriates living in the United Arab Emirates to purchase property in zones authorised by the government. Previously, property could only be sold to UAE nationals, other Gulf Cooperation Council (GCC) nationals and Arab nationals with a valid UAE resident visa, but not to the many other ...

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