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Sharjah, the once-shy neighbour of Dubai, has obviously come out of its shell, spewing new developments – huge and small-scale, mixed-use or otherwise – left and right.
The latest that was recently announced to join the fray is Sharjah Waterfront City. It will occupy an area of 60 million square feet and span 36 kilometres of the emirate's shoreline near the Hamriyah Free Zone.
The waterfront development is a massive mixed-use project that will comprise 10 islands, which will be home to a wide range of luxurious residences (apartments, villas and water villas, some to be offered as freehold real estate), modern commercial centres, a hospitality segment, and retail and dining offerings. Also included in the plan are a water park to be called Crystal Lagoon, a cruise terminal, banks, learning institutes, mosques, recreational areas, beaches, green spaces and many other one-of-a-kind attractions and tourism facilities.
Sharjah Waterfront City is designed to attract families as it will not just be a residential destination, but an entertainment and leisure venue as well.
Reports reveal that it will be constructed in phases. Phase one, which is expected to be finished in 2018, will be composed of over 20 mixed-use buildings, a business district, a hotel and a shopping mall. Phase two is slated to be completed in 2021.
As the islands will be connected by canals and bridges, transportation facilities are expected to include water taxis, aside from the usual road networks and even tram lines.
The waterfront project, which will boast sustainable features, will be constructed in line with the Sharjah Vision 2021 whose goal is to draw 10 million visitors by year 2021.
Sharjah Waterfront City and the various other development projects in Sharjah are expected to shore up interest in the emirate's real estate and tourism sectors, putting it in the map of global investment/tourism destinations and helping improve its economy.
• Sharjah Waterfront City's residential offerings will be apartments and villas
• It will boast a water park, shopping centre, cruise terminal and many others
• It is expected to boost interest in Sharjah's real estate and tourism sectors
Source: Ellen Joyce Soriano, Special to Properties
The writer is a freelancer