Mega real estate projects in the Northern Emirates are keeping the construction industry in good health, writes MRIDULA BHATTACHARYA. The construction sector in the Northern Emirates, comprising Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain and Fujairah, is gaining momentum following a number of new project launches.
Northern Emirates projects at a glance
Sharjah Oasis Real Estate Development launched one of its most iconic projects, the Sharjah Waterfront City, at the Cityscape Global 2015 held in Dubai, the UAE, last month.
Infrastructure work on the first phase of the Dh2-billion ($544.521 million) Al Zorah project in Ajman is nearing completion.
Sharjah Holding, a joint venture between the Government of Sharjah and Al Futtaim and developer of Al Zahia project in Sharjah, has announced that construction work on Phase Three of the development will start early next year The third phase has been tendered and the main contract is expected to be awarded next month or in January 2016, says Lee T