- The new neighborhood will feature a limited number of residential plots available to all nationalities with a direct connection to the Northern Emirates’ largest mall and Sharjah’s biggest private park
- Buyers can select premium plots ranging from 5,000 sqft to 12,000 sqft with the option to amalgamate with adjacent plots; prices start from AED 150 per square foot
- Orchid will feature extensive landscaping and parks and provide access to Al Zahia’s Central Park, mosque and Clubhouse, and infrastructure-enabled land will be ready in 2021
Sharjah, United Arab Emirates, 15 September 2019, (AETOSWire) : Sharjah Holding PJSC, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, announced the launch of its newest neighborhood – Orchid – offering buyers the opportunity to own a limited number of exclusive residential plots, ranging from 5,000 square feet to 12,000 square feet, with ready infrastructure at Sharjah’s premier lifestyle destination. This one-of-a-kind development with a direct connection to the Northern Emirates’ largest mall – City Center Al Zahia – and Sharjah’s biggest private park – Al Zahia Central Park – will offer an unrivaled lifestyle. For the first time, it will be possible for buyers to design and build bespoke luxury mansions and villas at Al Zahia.
The neighborhood was designed in response to buyers’ growing demand for premium plots where they can design their own signature homes and enjoy the amenities of Sharjah’s premium gated community. The plots at Orchid will spread across the 1.4 million square feet neighborhood, providing privacy and a sense of community. The 8,000-12,000 square feet plots are ideal for villas with 6-8 bedrooms, while the 5,000 square feet plots will comfortably accommodate a 4-bedroom villa. Buyers can choose to increase the size of their properties by amalgamating adjacent plots.
Shadi Al Azzeh, Al Zahia Project Head at Majid Al Futtaim Properties, said, “Al Zahia has established an excellent reputation by building high quality homes, creating Sharjah’s most desirable community and fostering a genuine sense of belonging. Today, we are delighted to launch Orchid, our latest exclusive neighborhood that offers both the flexibility of designing and building your own home and all the benefits and privileges of Al Zahia’s premier lifestyle. We are constantly striving to meet our customers’ needs, and the launch of Orchid’s premium plots reflects Al Zahia’s maturity and appeal and the strong growing demand from distinctive customers who aspire to create unique homes for their families at Sharjah’s premier lifestyle destination.”
In addition to the community’s prime location and the convenience of a direct connection to the many leisure, entertainment and dining options at City Centre Al Zahia, buyers can benefit from a range of flexible payment plans with a down payment of 5%.
Waleed Al Sayegh, Chairman of Sharjah Holding, stated, “Widely recognized as a center for culture, heritage and education, Sharjah is also a hub for investment. The appeal of the emirate’s advanced infrastructure, legislation, economic stability and geographic location was reflected in real estate transactions valued at more than AED 14 billion in the first half of 2019. Sharjah Holding is committed to a long-term vision for Sharjah’s growth and we are launching Al Zahia’s newest neighborhood to meet the market’s needs.”
In addition to all the benefits of Al Zahia’s unrivaled lifestyle, home-owners in Orchid will have the opportunity to create a legacy that can be enjoyed by future generations. With up to 800 families already in residence and enjoying great moments every day, Al Zahia is a vibrant community hosting events and activities designed to foster engagement and promote a sense of belonging. Prospective owners and investors can get a sense for the Al Zahia experience by visiting the Show Village.
Strategically located in the heart of New Sharjah, Al Zahia will be home to more than 12,000 residents in villas, townhouses and apartments with leisure facilities and prime retail offerings upon completion in 2023. A pedestrian bridge in the community will provide a direct connection to the Dh2.6 billion City Centre Al Zahia – a super-regional mall set to open in 2020 that will position Al Zahia as the emirate’s main attraction for the greater Sharjah population.
Disclaimer: All facts and figures in this release are accurate at the time of issuance.