Shurooq, Dubai's Diamond to build $544m Sharjah Sustainable City
VIDEO: Sharjah Ruler unveils 67-hectare residential megaproject that is expected to promote green investments in the UAE emirate
Government-held Shurooq and Dubai's private-sector real estate company Diamond Developers have launched the $544m (AED2bn) Sharjah Sustainable City project in the UAE emirate, with HH Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, unveiling the scheme.
Sharjah Sustainable City's developers say the project's launch is in line with the UAE Vision 2021 national agenda, adding that the 67ha megaproject will feature environment-friendly units to boost Sharjah's real estate sector.
Located near Sharjah International Airport and the emirate's University City, the project will include 1,120 energy efficiency-focused villas ranging from three- to five-bedroom layouts.
Project developers are promising savings of up to 100% on electricity and 50% on water bills for residents of Sharjah Sustainable City.
A mosque, a community shoping centre, an events venue, and a school will be developed within the project. The school's curriculum will seek to raise awareness of sustainability among its students, according to a statement by the developers.
HE Marwan bin Jassim Al Sarkal, executive chairman of Shurooq, said Sharjah Sustainable City will be powered by renewable energy sources such as solar power, with recycling plants to manage water and waste.
Sharjah Sustainable City will also feature a biodome, greenhouses, and outdoor gardens to promote sustainable farming, which UAE developers, such as Abu Dhabi giant Masdar, are already supporting. Additionally, the project will feature an 'experience centre' to host meetings and forums.
Yousif Al Mutawa, chief executive officer of the development, said the project reflects the vision of the Sharjah government to promote 'green' investments in the emirate.
Eng Faris Saeed, CEO of Diamond Developers, added: “The project is the first of its kind in Sharjah, which thanks to its wise leadership, has come a long way in promoting environmental sustainability with a focus on preserving our natural resources for generations to come.”
Diamond Developers is the organisation behind The Sustainable City in Dubai, which is touted as a model for how net-zero cities of the future can be developed and operated around the world.