Sharjah: Al Thuriah delivers 929ha of projects
The developer underwent a major restructuring of its operations to better address opportunities in the UAE property sector
Sharjah-based Al Thuriah Properties announced that it had crossed the milestone of delivering 929ha of built-up property to the UAE market.
The company also announced that its projects attracted an investment of more than $1.3bn (AED5bn) into the UAE’s property sector.
The developer underwent a major restructuring of its operations to better address opportunities in the UAE property sector. Operations are now split into four distinct divisions - properties, construction, leasing, and facilities management.
To demonstrate the agility of its new divisions and the difference these operations bring to the market, Al Thuriah Leasing announced that it now provides clients with a 48-hour leasing process with a hassle-free service for the all its 11 residential and mixed-use projects.
Al Thuriah has added more projects in the Al Khan and Al Nahda areas of Sharjah. It expects to add on more development areas across the UAE shortly. The last successful project it launched was in September 2016.
Raymond Khouzami, CEO of Al Thuriah, said: "It is with great pride that I look back on our multitude of achievements over the past 20 years. Each achievement, big or small, has gone towards creating our reputation as the reliable developer of premium and quality property and a solid property partner for our clients. I cherish the relationships we have built over this long time and look forward to adding many more, with employees, partners and investors. We will continue to strengthen this positive impact with our new and focused organisation structure, as we look forward to the next phase of our growth.”