Utilizing an area of nearly 60 million square feet, Sharjah Waterfront City plans to house 200,000 residents, as well as have its own water theme park
Spread across 36 kilometers of coastal land on the northeastern coast of the UAE, Sharjah Waterfront City will consist of 10 natural islands that will be connected by canals and bridges, as reported by Emirates 24/7.
In addition, the city will have multiple restaurants, coffee shops, stores, banks, schools, mosques, two entertainment centers, marine clubs, and a shopping mall. Few of the main attractions of this destination will also include luxury apartments, multi-level hotels, service apartments, as well as 200 mixed-use towers. So, this is definitely something to watch out for!
The whole endeavor is expected to cost between Dh 18.5 to Dh 20 billion, according to Hayssam El Masri, the president of the real estate company. All of the required paperwork for the project has been looked after, and work for building this beautiful city is already underway.
Keeping the market conditions in mind, the first stage of this ambitious project, which includes a commercial center, hotels, villas, and mixed-use towers, is expected to be accomplished in the latter half of 2018, while the second stage is slated to be completed by 2020-2021. The founders hope to introduce the project at Cityscape 2015.
A fun, family-friendly water theme park called “Crystal Lagoon” will be one of the biggest attractions in this destination. This theme park is expected to be a part of Sharjah Tourism Vision 2021, an effort through which the enterprise aims to attract 10 million visitors by the year 2021. The founders of the project also aim to raise environmental awareness and highlight nature’s beauty by dedicating 60 percent of the destination’s area to parks, gardens, and beaches.
Through these tactics, Sharjah Oasis Real Estate Development Company hopes to build a beautiful, environment-friendly, and family-oriented city, and become one of the most well known destinations in the emirate.