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"Sharjah Sustainable City" launches its flexible and competitive payment plans for property investment

Press Releases September 30, 2020

“Sharjah Sustainable City”, a Sharjah Investment and Development Authority (Shurooq) project, launched flexible and competitive payment plans to encourage people to own residential units in the first fully-sustainable residential community in Sharjah. The project aims at promoting the concept of social sustainability by establishing community outreach programs that ensure a safe, healthy, and cultural lifestyle for all its residents who aspire to a better future for themselves and their families.

The payment plans consist of paying a 10% down payment of the property value, monthly installments starting from 4,236 AED, in addition to zero service charges for the first 5 years. Each villa is equipped with complimentary state-of-the-art smart home features and energy-saving kitchen appliances conforming to the community’s foundation of modern sustainability.

Yousif Ahmed Al-Mutawa, Chief Executive Officer of Sharjah Sustainable City, stated that the available offers will allow investors to own property in a growing and competitive environment, which will become a feasible return on investment in the long term, as the full value of the residential units will be paid within the framework of competitive payment plans that extend beyond delivery.

It is worth noting that the construction works of this project, which was established in strategic partnership between Sharjah Investment and Development Authority (Shurooq) and Diamond Developers, a company specialized in developing sustainable environmental projects across the UAE, are ongoing according to schedule while offering the highest specifications and standards.

Al-Mutawa pointed out how the emirate of Sharjah offers a nurturing environment that supports vital projects in line with the standards of the cities of the future and provides its residents with the basics of high quality and luxurious lifestyle. He also added that the “Sharjah Sustainable City” project is a gated community that ensures safety and reassurance to parents by offering children playground and car-free areas, a high standard school, alternative medicine centers, and multiple sporting facilities that can be accessed via walking lanes connected to all houses. These amenities provide all the comfort required by a modern family, creates a spirit of prosperity and peace of mind, and establishes social bonds between the residents for a bright and sustainable future.

The first stage will be delivered by 2021, and includes 280 townhouses varying between 3,4, and 5 bedrooms, an educational institution, a sustainable center, sports facilities for men and women, in addition to a shopping mall, medical clinics, and a chemical-free farm.