The project wrapped up the department's work to rebuild the existing Waqf property on the site, which was once an old Waqf market with several shops. It has been turned into a mixed-use residential and commercial project on a 1,852.9-square-meter plot. The project features 140 residential apartments, 9 commercial shops, and 141 parking spaces, spread across a ground floor, two parking levels, and 10 residential floors. This improves the efficiency of the Waqf's investment and boosts its sustainable returns.

The project shows Sharjah Awqaf's commitment to improving and developing endowments with sustainable investment strategies. These strategies help strengthen endowment resources and meet their goals.

Talib Al Marri, Director General of the Sharjah Awqaf, stated that the Umm Al Tarafa is a practical model for the department's work in revitalizing and developing endowments to match urban and economic changes. It shows the Department's commitment to preserving endowment assets and increasing their returns, ensuring sustainable benefits for the community.

The Umm Al Tarafa endowment is part of the department's plan to develop endowment assets and improve their investment efficiency. This will ensure the sustainability of endowment resources and strengthen their economic and social impact for future generations.