Majid Al Futtaim JV unveils second phase of mixed-use project in UAE

WCN Editorial Team 19 Sep 2017 MIDDLE EAST, NORTH AMERICA BUILDINGS

Sharjah Holding, a joint venture (JV) of Majid Al Futtaim Properties and Sharjah Asset Management Holding, has unveiled the second phase of Al Lilac neighbourhood at Al Zahia, a mixed-use community in the UAE.

Al Lilac, which was launched earlier this year, is the third neighbourhood in Al Zahia. The new housing project features three-bedroom townhouses, four and five-bedroom villas as well as the recently unveiled three-bedroom courtyard villas.

Under the second phase, the development will include 61 residential units of luxury four and five-bedroom villas. Once completed in 2020, the project will be home to more than 285 families.

Majid Al Futtaim - Communities CEO Hawazen Esber said: “Developed to inspire people to celebrate life every day, Al Zahia continues to grow as one of the most sought-after landmark destinations in Sharjah, combining international standards of living with the emirate’s deep-rooted family, community and cultural values.

“Al Lilac Neighbourhood embodies our commitment to deliver a premier lifestyle destination that offers high-quality homes interspaced with public areas, designed to encourage human interaction and empower memorable experiences for both residents and the local community.”

Sharjah Holding CEO Walid Al Hashimi said: “The continued expansion of Al Zahia and its neighbourhoods demonstrates our commitment to drive socio-economic impact in Sharjah.”

“In collaboration with our partners at Majid Al Futtaim–Properties, we are creating a sustainable living environment that sets new benchmarks for mixed-use communities in the emirate.”

When all the seven neighbourhoods of Al Zahia will be completed, it will be home to over 12,000 residents in 2,270 villas, townhouses and apartments.

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