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ASAS launches sales of "Al Rahmaniyah Commercial Lands"

November 20, 2022 / 12:52 PM
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Sharjah24: ASAS Real Estate Company, the real estate arm of Sharjah Islamic Bank (SIB), announced the launch of the second phase of sales of the "Al Rahmaniyah Commercial Lands" project, on Monday 21 November 2022.
The project follows increasing demand for the company's latest real estate projects. Strategically located in the Rahmaniyah suburb of Sharjah, leading to the Rahmaniyah suburb from intersections No. 5 and 6 on Al Dhaid Road, the project benefits from close proximity to Emirates Road, Sharjah Airport, and Sharjah University City as well as government buildings, schools, and the Rahmania Mall.

Adding valuable quality to the real estate projects package

Eng Ahmed Al Amiri, General Manager of ASAS Real Estate, said: “The Rahmaniyah Commercial Lands project represents a valuable addition to the plethora of real estate projects being developed in Sharjah to meet the needs of the growing urban population. The project will strengthen Sharjah's position as an ideal destination for local and international investors and owners, who are attracted by the strong and diverse infrastructure supported by a solid legislative structure that preserves the rights of owners, investors, and developers alike."

Al Amiri added, "ASAS Real Estate Company is ready to welcome interested parties to the headquarters on Sharjah's Maliha Road to take the opportunity to own one of the 318 commercial plots, which include free ownership for Arab nationals and a three-year payment plan."

The total area of the project is approximately 1.2 million square feet. The land area starts at 2,421 square feet and can be built up to a ground floor and two floors (or three storeys), with competitive prices starting from 231 thousand dirhams.

He pointed out that ASAS Real Estate plans to level land and internal roads during the next few years.

Special financing facilities and three-year payment plans are available through Sharjah Islamic Bank.

Project sales will operate from 7:30 am to 3:30 pm Sunday to Thursday and from 7:30 am to 12:00 noon on Friday until supplies run out. In addition, the project provides beneficiaries with financing facilities through Sharjah Islamic Bank, with the possibility of a three-year repayment plan.

Increasing demand for land in the Rahmaniyah suburb

The new project follows increasing demand for commercial lands in the Rahmaniyah suburb, especially projects such as the first and second phases of Mezairaa residential, the first phase of Rahmaniyah commercial, Basateen Al Zubair, and Rawdat Al-Qurt.

Wide range of services

ASAS Real Estate has launched many distinguished projects in promising areas, including residential and commercial lands, spacious apartments and luxury villas in the past years. Services such as brokerage, marketing and sales, and ASAS Real Estate, through its strategic solutions, have contributed to achieving a high percentage of sales and profits, whether for companies, Sharjah Islamic Bank, or investors.
 
November 20, 2022 / 12:52 PM

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