Shurooq’s Active Participation in ICREX 2024 Exhibition Leads to AED 177 Million in Sales and Reservations

Sharjah Investment and Development Authority (SHUROOQ) announced sales and reservations of AED 177 million in the “Sharjah Sustainable City” and “Ajwan” projects in Khorfakkan during its participation in the Sharjah Real Estate Exhibition “Ekhars 2024”.

This exhibition is one of the prominent specialized exhibitions in the real estate development sector in the United Arab Emirates, which witnessed sales exceeding AED 1.4 billion over its four-day duration at the Expo Centre Sharjah.

After the fourth phase of the “Sustainable Sharjah City” project, a joint venture between “Shurooq” and “Diamond Developers”, was presented during the exhibition, 42 housing units were sold and reserved for a total value of AED 102.5 million from that phase.

In addition, 32 housing units were sold and reserved for a value of AED 74.1 million from the luxury residential project “Ajwān” in Khorfakkan in the eastern region of Sharjah.

Saadah Ahmad Obaid Al-Qassir, the Executive Director of the Sharjah Investment and Development Authority (Shurooq), stated that all of the authority’s projects are based on years of research, data collection, and analysis to formulate development and expansion plans, ensuring our great responsibility towards the emirate that encompasses all of our projects.

We are committed to supporting the vision and ambitions of the emirate and reinforcing its message that emphasizes responsible investment principles and comprehensive sustainability.

“Shurooq projects have achieved the right balance between aspirations and costs, while considering the needs of our planet and protecting our environment.

We are pleased to see the interest of buyers in the United Arab Emirates in our vision, as well as their growing awareness, which is not only reflected in the return on investment, but also in the return on the environment.”