Sharjah Holding has launched the second phase of its Uptown Al Zahia neighborhood community. The second phase was kicked-off with the launch of the Woroud 3 residential building, which comprises studio, one-, two, and three-bedroom apartments.
Uptown Al Zahia is located on University City Road with direct access to Sheikh Mohammed bin Zayed highway. It features a vibrant, urban lifestyle with apartments complemented by a high street and 7,500sqm of retail space, the statement said.
According to Sharjah Holding, a pedestrian bridge offers direct access to the upcoming City Centre Al Zahia. The development also boasts its own premium shopping, dining and entertainment options for residents.
“With the launch of its second phase, Uptown Al Zahia continues to deliver on its promises of growth and long-term value for customers. This new phase introduces more high-quality residences to the emirate’s epicentre of growth, meeting strong demand. By shaping today’s real estate market and creating an aspirational place to call home, Al Zahia reinforces its leading position as Sharjah’s most desired lifestyle destination,” said Shadi Al Azzeh, Al Zahia project head at Majid Al Futtaim Properties.
The Al Zahia development is scheduled to be completed by 2023 and will include 2,400 homes in total. To date, 55% of the project has been sold with 800 families already in residence.
Sharjah Holding CEO Walid Al Hashimi added, “The high demand for Uptown Al Zahia is extremely satisfying as it reaffirms the fact that Sharjah’s property market remains strong. As we move closer to Al Zahia’s completion, we are contributing to Sharjah’s evolution as it grows and modernises with our changing times, while still remaining true to the emirate’s core values. The Uptown Al Zahia development alone is expected to contribute $215m to the local economy, bringing further strength and prosperity to Sharjah.”