Construction

Sharjah Holding launches UAE’s first Value Protection Programme for home buyers

The Value Protection Programme will be available to Al Zahia home buyers until 31 December, 2019

A strategic partnership between Majid Al Futtaim Properties and Sharjah Holding has launched the UAE’s first Value Protection Programme, that guarantees investments are protected against any future changes in price.

Available for a limited time, the Programme will enable home-owners of all nationalities to invest in Sharjah Holding’s Al Zahia neighbourhoods of Al Lilac, Al Yasmeen, and Uptown Al Zahia- which will have a direct connection to City Centre Al Zahia, scheduled to open in 2020.

According to a statement from the group, customers will also have the opportunity to claim the difference if more attractive incentives are offered in the future, while investors can save up to 8%.

Waleed Al Sayegh, chairman of Sharjah Holding, stated: “The high demand for the emirate’s advanced infrastructure, legislation, economic stability and geographic location was reflected in real estate transactions valued at more than AED 18.9 billion from January to October 2019. Sharjah Holding is committed to a long-term vision for Sharjah’s growth.”

Meanwhile, Shadi Al Azzeh, Al Zahia project head at Majid Al Futtaim Properties, said: “There has never been a better time to buy at Al Zahia. We are constantly striving to meet our customers’ needs, and we understand that buying a home is a significant decision. With our Value Protection Programme, buyers have the assurance that they are receiving the best value when they invest in Sharjah’s premier lifestyle destination.”

The statement added that upon completion in 2023, Al Zahia will be home to more than 12,000 residents in villas, townhouses and apartments with leisure facilities and prime retail offerings. A pedestrian bridge in the community will provide a direct connection to the $710 million City Centre Al Zahia, which is expected to become Sharjah’s main attraction, once completed.

 

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