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The Executive Council's recent decision to reduce real estate transaction fees also reflects the Emirate’s support of
investors while contributing to the sustained growth and stability of the real estate market. Our focus remains on

creating opportunities for a broader segment of the community, reinforcing Sharjah's position as a hub for local and
foreign investments.”

Unveiling Aysha Residence

Alongside announcements regarding Ajwan, Shurooq will also unveil the recently launched project, ‘Aysha
Residence,’ a luxury development on Maryam Island. Construction, including the foundation work, has already

begun on this upscale development, which consists of 137 apartments ranging from studios to three-bedroom
units. The project presents a lucrative investment opportunity and features a range of amenities, such as a gym,
playground, and pools for kids and adults, creating a versatile living environment for residents. Positioned in a

prime location with scenic views of the Al Khan Lagoon, Aysha Residence facilitates convenient access to the
Maryam waterfront promenade, featuring a diverse array of cafes and dining options for residents to relish.

Spanning over 3.3 million square feet Maryam Island will feature 20 exquisite residential buildings comprising over
3,500 units upon completion.

Sharjah Sustainable City Phase 4

Sharjah Sustainable City (SSC), the renowned flagship project by “Shurooq” in partnership with Diamond
Developers, is set to once again attract attention during ACRES 2024. In anticipation, Shurooq will showcase the
remaining limited inventory of the 324 residential villas in the fourth residential phase of the highly sought project.

This phase serves as the 4th quarter of the expansive 7.2 million square feet development that will accommodate a
total of 1,250 villas upon completion. Positioned as a revolutionary development aligned with the United Nations

Sustainable Development Goals (SDGs), SSC pioneers sustainable living through urban farms, energy-efficient
homes powered by solar energy, and a remarkable 100% wastewater recycling for landscape irrigation.

https://www.sharjah24.ae/en/Articles/2024/01/15/Shurooq-is-set-to-commence-sales-for-Ajwan-at-
ACRES-2024