United Arab Emirates Procurement News Notice - 37767


Procurement News Notice

PNN 37767
Work Detail The Khorfakkan resort project represents ASAS’ “integral role in the real estate boom in the UAE” ASAS Real Estate, the Real Estate arm of Sharjah Islamic Bank (SIB), announced that Khorfakkan Resort project sales would commence at the company’s headquarters on Maliha Road in Sharjah. “The unique architectural design of the project is consistent with the geographical nature of its prominent strategic location between the beach and the mountains on the eastern coast,” said Ahmed Al Amiri, General Manager of ASAS Real Estate. [The project] is set to become a tourist destination that enriches the cultural and urban dimension of the city of Khorfakkan.” Similarly, the Khorfakkan Resort offers an opportunity to own luxury residential units with a private beach on the coast of Khorfakkan, said Al Amiri. “The project will boost tourism and investment opportunities in the city of Khorfakkan and add value for investors,” he added. Al Amiri stated that the construction work has commenced and is due for completion by the end of 2025. He indicated that the project would include a basement floor, a ground floor, and two upper floors for parking lots upon completion and nine residential floors. “We are delighted to launch the “Khorfakkan Resort” project, which represents a new addition to our investments. By applying our previous successes and expertise in real estate investment, we strive to continue to play an integral role in the real estate boom that the UAE is witnessing,” he concluded. Features of the Khorfakkan Resort project The project offers luxury apartments with a private beach on the eastern coast in Khorfakkan, with the advantage of Freehold for all nationalities. A private beach and charming seafront characterise the project on the east coast with a picturesque mountain backdrop. It enjoys a prominent strategic location overlooking the Khorfakkan Amphitheatre, Khorfakkan waterfall, and the Souq Sharq. The project was designed with the finest modern concepts of coastal living, making the most of its privileged location, which mediates the area between the mountain and the beach. It provides a variety of stunning views of the coast, mountain, Amphitheatre and waterfall in Khorfakkan. The project also includes retail, restaurants, recreational facilities distributed and coordinated with the highest standards of exterior design to serve all apartments and provide the visual aesthetic dimension in the surroundings.
Country United Arab Emirates , Asia
Industry Construction
Entry Date 06 Jan 2023
Source https://www.constructionweekonline.com/projects-tenders/khorfakkan-resort-project-asas-real-estate-begins-construction

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