Tag: Zaha Hadid Architects

  • Sharjah Records Dh3.1 Billion in Property Transactions in May 2026

    Sharjah Records Dh3.1 Billion in Property Transactions in May 2026

    Sharjah’s real estate market continues to deliver robust performance driven by sustainability-focused development and visionary leadership. During May 2026, the sector recorded 7,119 transactions valued at Dh3.1 billion, while the total area of properties traded through sales transactions reached approximately 9.5 million square feet.

    This performance reflects the direct result of the visionary leadership of Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, who has established the foundations of a secure and stable investment environment, an advanced legislative framework, and world-class infrastructure positioning the emirate as a trusted destination for global investors.

    Among the most prominent examples of Sharjah’s sustainability-driven approach are landmark collaborations between Alef Group and BEEAH, including Khalid Bin Sultan City and Linar, where urban development, environmental management and innovation converge to deliver future-ready communities.

    Khaled Al Huraimel, Group Chief Executive Officer and Vice Chairman of BEEAH, told Emirates News Agency that real estate decision-making is undergoing a transformation. “The focus is no longer limited to location or financial returns alone. It now extends to a property’s sustainability performance, energy efficiency, living comfort and ability to adapt to future changes,” he said.

    “This trend aligns with the UAE’s vision to achieve climate neutrality by 2050. The scale of real estate activity in Sharjah, which recorded Dh44.3 billion in transactions, reflects growing confidence in carefully planned, future-ready developments.”

    Khalid Bin Sultan City represents a transformative approach to sustainable urban development in the region. Sustainability was embedded as a core principle from the earliest planning stages, designed as an integrated, climate-smart urban ecosystem drawing on BEEAH’s expertise in environmental management, energy and technology.

    The city features an integrated masterplan designed by Zaha Hadid Architects, centered on walkable neighbourhoods, interconnected public spaces and facilities that strengthen social cohesion. The integration of climate-neutrality-ready infrastructure and smart systems attracts investors seeking stable assets with sustainable returns as well as families looking for long-term quality of life.

    Al Huraimel noted that Khalid Bin Sultan City is being delivered through a phased development plan, with the first handovers scheduled for 2029. The first phase will include a collection of townhouses and villas within one of the city’s first residential neighbourhoods near Khor Fakkan Road.

    Raed Kajoor Al Nuaimi, Chief Executive Officer of Alef Group, said the company had moved forward decisively with the launch of Linar. “We remain confident in the resilience of Sharjah’s real estate market and its ability to overcome regional and global challenges while delivering projects that keep pace with the sector’s evolution,” he stated.

    The launch of Linar in Al Mamzar reflects strategic shifts in Sharjah’s real estate sector, where demand increasingly focuses on securing a fully integrated lifestyle that includes quality design, health and wellness facilities, community spaces, and accessibility. The project highlights the growing appeal of waterfront developments, which have become among the most sought-after and highest-value real estate assets.

    The strategic memorandum of understanding signed between Alef Group and BEEAH supports sustainable and climate-positive urban development in Sharjah through the exchange of expertise and knowledge. Alef Group contributes its real estate development expertise to support BEEAH’s projects, while benefiting from BEEAH’s comprehensive environmental management ecosystem to achieve sustainability objectives across all developments.

    Sharjah’s real estate momentum aligns with broader regional trends, as the emirate recorded record Dh65.6 billion in property sales during 2025, positioning it alongside Dubai’s projected Dh1 trillion pipeline as a key driver of UAE real estate growth through 2030.