Sharjah24 : ASAS Real Estate, the Real Estate arm of Sharjah Islamic Bank (SIB), announced that Khorfakkan Resort project sales would commence at the company’s headquarters on Maliha Road in Sharjah on Monday, January 9, 2023. The first of its kind project offers luxury apartments with a private beach in on the eastern coast in khorfakkan , with the advantage of Freehold for all nationalities.
The company announced the Launch of the competitively priced freehold project starting from AED 560,000, with a payment Plan up to 5 years available Directly from developer and financing options from Sharjah Islamic Bank.
Luxurious residential apartments and recreational facilities on the East Coast
A private beach and charming seafront characterise the project on the east coast with a picturesque mountain backdrop. It enjoys a prominent strategic location overlooking the Khorfakkan Amphitheatre, Khorfakkan waterfall, and the Souq Sharq.
The project was designed with the finest modern concepts of coastal living, making the most of its privileged location, which mediates the area between the mountain and the beach.
It provides a variety of stunning views of the coast, mountain, Amphitheatre and waterfall in Khorfakkan. The project also includes retail, restaurants, recreational facilities distributed and coordinated with the highest standards of exterior design to serve all apartments and provide the visual aesthetic dimension in the surroundings.
A creative architectural design that is in line with the visions and directives of the Ruler of Sharjah
His Excellency Engineer Ahmed Al Amiri, General Manager of ASAS Real Estate, said: “In line with the visions and directives of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and the Ruler of Sharjah, to make Khorfakkan city a popular destination for tourism and investment, ASAS Real Estate launched the “Khorfakkan Resort” project. The unique architectural design of the project is consistent with the geographical nature of its prominent strategic location between the beach and the mountains on the eastern coast, to be a tourist destination that enriches the cultural and urban dimension of the city of Khorfakkan.
Al Amiri added, “Khorfakkan Resort offers an exceptional opportunity to own luxury residential units with a private beach on the beautiful coast of Khorfakkan and to enjoy a package of entertainment features, which boost tourism and investment opportunities in the city of Khorfakkan and add value for investors.”
An integrated scheme of facilities to be completed in 2025
Al-Amiri stated that the construction work has commenced and is due for completion by the end of 2025. He indicated that the project would include a basement floor, a ground floor, and two upper floors for parking lots upon completion and nine residential floors.
It contains 573 apartments ranging from one-bedroom to four-bedrooms, all of which are finished with luxury specification. It will include 19 retail areas, 723 car parking spaces for apartment owners, swimming pools and gym. Owners will also have access to a private beach along the beautiful coast of Khorfakkan.
The General Manager of ASAS Real Estate Company added: “We are delighted to launch the “Khorfakkan Resort” project, which represents a new addition to our investments. By applying our previous successes and expertise in real estate investment, we strive to continue to play an integral role in the real estate boom that the UAE is witnessing.”
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