UAE-based Sharjah Oasis Real Estate has announced the completion of Dh3 billion ($816 million) worth of infrastructure development works at the Dh25-billion ($6.8 billion) Sharjah Waterfront City.
The largest mixed-use master-planned waterfront community in Sharjah, Sharjah Waterfront City – Ajmal Makan will feature 1,500 villas, 95 towers in eight islands, a marina with 800 berths, a water theme park, a large shopping mall, a commercial cluster, and retail arcade.
Moreover, Sharjah Oasis Real Estate Company has handed over two power transmission and distribution plants. With a cost of Dh250 million, the plants will supply up to 700 megawatts (MW) of electricity, which is enough to power the entire urban waterfront community.
Sheikh Abdullah Al Shakrah, chairman of Sharjah Oasis Real Estate Company, said describing the project: “It is a city within a city and features integrated facilities where people can live, work and relax shop, dine and enjoy the best lifestyle. Sharjah Waterfront City stretches over 60 million sq ft of the Gulf’s pristine coastline, making it an ideal destination for residents and tourists.”
Located on the north-east coast of Sharjah, the project’s islands lie between the natural channels spread over 36 km of coastal land. The water surrounding the islands will be renewed every 12 hours with the high and low natural tide coming from the Arabian Gulf.