Gulf Construction Online - Contracts signed for Sharjah homes

UAE Focus

Contracts signed for Sharjah homes

01 September 2019

The Sheikh Zayed Housing Programme (SZHP) has signed contracts with two UAE developers to begin the first phase of a project to build 336 residences in the Al Sayouh 16 Residential Complex in Sharjah.

The contract was signed by Engineer Jameela Al Fandi, director-general of the SZHP, with representatives of the developers, in the presence of Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and chairman of the board of directors of the SZHP, at the SZHP’s headquarters in Dubai, said a Wam news agency report.

The first developer will construct 206 residential units in Block B of the complex, valued at Dh230.9 million ($62.87 million), while the second developer will build 130 residential units in Block D, valued at Dh134.5 million ($36.62 million).

Al Nuaimi said the contract is part of the government’s efforts to achieve housing security. The project will witness the construction of a total of 818 residential units over several stages, he said.

The project, located in Al Sayouh 16 near major roads and along the vital roads leading to Khor Fakkan and Maleha, spreads over a 1,289-million-sq-m site, with each unit averaging 960 sq m in area. It is expected to be completed in Q4 2021, he added while affirming that tenders for its second phase to construct 482 residential units has been announced.

“The project will reduce the carbon footprint of every residence by 21 per cent, as well as water consumption by 33 per cent, and electricity by 10 per cent,” he said.