sharjah waterfront city - phase 1

Sharjah Economy

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Sharjah Overview

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Sharjah is the third largest Emirate in the UAE with an area of around 2,590 Sq. km. Sharjah which is one of the seven Emirates that make up the UAE, produced a GDP of more than 80 bn AED in 2014.

Sharjah is the leading industrial and manufacturing capital of UAE accounting for about 40% of the GDP from industrial and manufacturing sectors of the Emirates.

Sharjah is an attractive investment destination and has what is considered the most secure and business-friendly environment within the region.

According to estimates of S&P; the growth rate of GDP per capita during the period from 2007 to 2016 is estimated to be around 3.3%.

Sharjah Real Estate Market

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• Research conducted by Colliers International suggests that high end developments with sea views enjoy high occupancy and high rental rates and there is also a good demand for residential units; in particular high quality units with sea views.

• Sharjah enjoys comparatively better yield as compared to Dubai

and Abu Dhabi, thanks to the competitive edge provided by lower land prices.

• As per the statistics released by the Sharjah Commerce and Tourism Development Authority, the hotel occupancy in Emirate remained around 74% along with an encouraging

Sharjah Real Estate Market

6% increase in the guest nights in hotels in the first half of 2014.

• Occupancy levels in retail space remain high in Sharjah due to limited supply. Retail supply has remained stable over the recent years, and has not responded to the increased demand due to population growth.

• According to Colliers International; business owners/service providers prefer good quality buildings supported by the fact that prime quality office space buildings offering sea views enjoys high occupancy rate of 80%.

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• Sharjah Waterfront City, built on the belief that the outside is as important as the inside is nestled amidst lush greenery. The city will be pollution-free with world-class facilities for elite living.

• With its beautiful beaches, moderate year-long weather, leisure and shopping opportunities; Sharjah Waterfront City presents itself as a complete and attractive holiday destination for European and GCC families.

• Sharjah Waterfront City is designed to ensure the maximum

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comfort for the families, provide them privacy while enjoying the scenic beach view of the Sharjah Waterfront. Views outside the villas & the apartments with beach, open spaces and greenery spread all around will be breathtaking.

• Sharjah Waterfront City is environment friendly and is based on hydro mechanic design. Sharjah Waterfront City will follow the international standards of green environment which will reflect in the comfort & benefit of the residents.

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L o c a t i o nSharjah Waterfront City is strategically located with Arabian Gulf lying on its western border and Umm Al Quwain lying directly on its north. Sharjah WFC site is located in proximity from Hamriyah free zone, airport and other key attractions. Sharjah WFC is easily accessible from the Ittihad Road, Emirates Road and Mohammed Bin Zayed Road.

DRIVING DISTANCE TO KEY LOCATIONS

Emirates Distance (Km.)

Ajman Km 15

Umm Al Quwain Km 15

Sharjah International Airport Km 30

Dubai International Airport Km 35

Dubai Km 46

Ras Al Khaimah Km 58

Fujairah Km 131

Abu Dhabi Km 193

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Sharjah Waterfront City

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Phase 1 Components

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Sharjah Waterfront City• Sharjah Waterfront City (Sharjah WFC) is a series of eight islands

interconnected by canals made by nature and spread across 36 Km of coastal land on the northeastern coast of Sharjah.

• Sharjah WFC is expected to be the largest commercial, residential and tourism development project in the Emirate of Sharjah upon completion with total area of around 60 million Sq. ft.

• Sharjah WFC is projected to be the forefront of the ultra-luxury development in the rapidly developing Emirates of Sharjah which is quickly becoming the cultural capital of the UAE.

• Our objective is to develop Sharjah WFC as an epitome of privacy, luxury and status. Sharjah Waterfront City is a destination that accommodate your dreams perfectly. It promises a lifestyle that’s worth living and flaunting too. We will ensure that Sharjah WFC would add a new dimension to the resident’s lifestyle.

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Sharjah WFC is expected to be built over several phases and the overall concept involves:

• Further, Sharjah Waterfront City also includes several mosques, schools, banks, stores, coffee shops and restaurants and will have potential to accommodate over 200,000 residents.

1. 200 towers for residential and commercial purposes 2. 95 apartment buildings3. Many multi-level hotels and service apartments4. More than 1,100 water-front and park-side villas 5. Marine clubs

6. World Class Water Theme Park7. One large shopping mall and various commercial centers

spread across the Sharjah Waterfront City 8. Two main entertainment centers

Project Components

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• Sixty percent area of Sharjah WFC is planned to be landscaped with beaches, gardens, parks and roads whilst the remaining forty percent will contain main structures thus increasing the attractiveness of the Sharjah WFC and ensuring a scenic view from most of the villas, apartments and offices built in the City.

• Sharjah Waterfront City is going to have its own tram to

be developed by the main developer to facilitate the better interconnectivity for the project.

Infrastructure Development

• Reclamation of land, canals interconnecting eight islands & piling has been completed.

• Drawings for the roads & utilities and full infrastructure design is complete.

• Major prerequisite required for infrastructure is in place.

• Construction work for two Sub Stations for electricity to support the City needs and remaining infrastructure work for the whole project is going on in full swing.

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• Construction work for interconnecting islands through bridges has started.

• Infrastructure design services for Electricity, Water, Roads, Bridges, Drainage, Telecommunication and others for the Sharjah Waterfront

City is in progress.

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• Sharjah WFC Phase 1 consists of a total of 298 plots planned to be developed for mixed use, hospitality, residential and commercial use while the complete development of Phase 1 will take place in 3 years.

• Sharjah WFC Phase 1 will be spread across two Islands of Sharjah Waterfront City. Residential segment of Sharjah WFC Phase 1 will

be located in Sun Island while the mixed use, commercial and hospitality segment will be located in Sector 2 Island.

• According to our research and estimates, Sharjah WFC Phase 1 is expected to generate an average annual return on investment between 27% to 34%.

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Sharjah WFC Phase 1

Phase 1 Components

• Phase 1 of Sharjah WFC is spread across plot area of around 3,053,557 Sq. ft. and have construction area of around 15,220,292 Sq. ft.

with total project cost of approximately 9.35 billion AED. Development for the Phase 1 will be completed in time frame of three years.

• Mixed Use Segment • Hospitality Segment • Commercial Segment • Residential Segment

Sharjah Waterfront City Phase 1 comprises:

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Sharjah WFC Phase 1Particulars No. of Buildings/ Towers Total Plot Area in Sq. ft. Total Construction Area in Sq. ft

Mixed Use Segment 25 1,182,398.6 7,819,795.4

Hospitality Segment 3 330,369.4 5,477,145.8

Commercial Segment 2 512,124.2 894,685.5

Residential Segment 268 8 .1,028,664 1,028,664.8

Total 298 3,053,557 15,220,292

Sharjah Waterfront City Phase 1 is categorized into five following Zones:

• Zone A • Zone B

• Zone C• Zone D

• Zone E

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Sharjah WFC Phase 1

Mixed Use Segment

• Sharjah Waterfront City Phase I will develop 25 plots overall, under Mixed Use segment.• Mixed Use property will be comprised of Commercial and residential developments.• Downtown Retail will be developed on one big plot, few plots will be developed as offices while the rest of the plots will be developed as

residential apartments.• Mixed Use segment will have spectacular 1, 2 & 3 bedroom residences which will be rich in design and finish, as well as advanced in

automation and security while the offices will be equipped with cutting edge technologies.• Some of the towers will have smart features where all apartments will be developed as smart apartments. You can connect the

devices and appliances in your smart apartments to your smart devices and put them at your command. It enables you to control all devices and appliances while you are not home.

• The total constructed area will be around 7,819,795.4 Sq. ft. over plot size of 1,182,398.6 Sq. ft.

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Phase 1Mixed Use Segment

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Phase 1 Mixed Use

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Sharjah WFC Phase 1

• Sharjah Waterfront City Phase 1 have four plots under the hospitality segment where multi-level hotels and service apartments will be developed.

• The Hotels and Service Apartments to be developed in Phase 1 will be a contemporary luxury development that will embody height, light and space. They will offer magnificent views of the Sharjah Waterfront from most of the rooms, with a large shopping mall and a world class Water Theme Park located within its vicinity.

• The hotels will have spacious and luxurious rooms & suites with the latest cutting edge technology conveying a warm and welcoming ambience. The hotels will feature ballroom, business center, swimming pool, gym, spa, coffee, retail shops and multi-cuisine restaurants.

• The service apartments will comprise elegantly designed furnished apartments featuring modern decor. Service apartments will be comprised of numerous facilities including business center, gym, spa, restaurants, coffee shop, swimming pool, kids’ play area and other amenities.

• Our main objective is to develop iconic hotels and service apartments offering its guests world class services with gracious Sharjah Hospitality.

• The total constructed area to be developed under hotel segment will be around 5,477,145.8 Sq. ft. over plot size of 330,369.4 Sq. ft.

HospitalitySegment

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Phase 1Hospitality Segment

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Phase 1 Hospitality Segment

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Sharjah WFC Phase 1

Commercial Segment

• Sharjah Waterfront City Phase 1 will develop overall two plot as Retail & Commercial Centre under Commercial segment.

• One plot will be designed as a full fledged commercial mall with kids entertainment zone, cinema multiplex, food court, multi cuisine

restaurants, fashion and retail while another plot will be developed as Community retail.

• The total constructed area to be developed under commercial segment will be around 894,685.5 Sq. ft. over plot size of 512,124.2 Sq. ft.

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Phase 1Commercial Segment

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Commercial Segment

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Sharjah WFC Phase 1

Residential Segment

• Sharjah Waterfront City Phase I will develop overall 268 Villas under the residential segment. These 268 Villas are located in Sun Island; one of the eight Islands in Sharjah Waterfront City.

• Villas in Sun Island will be designed tastefully and adorned with all the modern amenities necessary for a comfortable living, where life will bloom in all its manifestations.

• The spacious villas here will boast of all the lifestyle features that make life hugely satiating. The villas will be aesthetically designed to flaunt a unique style.

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• Sun Island total area is around 2,212,984 Sq. ft. While 279 villas will be developed over plot size of 1,028,664.8 Sq. ft.; the rest of the area will be developed as beach, road, parks, mosque and retail.

• The villas have been conceived, designed & built with a single-minded mission: to make life a truly relaxing, refreshing & invigorating experience.

• You could connect the devices and appliances in your home to your smart devices and put them at your command. Whether you give that command by tablet or smartphone, the home reacts.

Sharjah WFC Phase 1

Residential Segment

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Residential SegmentThere will be three types of Villas in Sun Island:• Attached Villas• Semi Attached Villas• Detached Villas

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Residential Segment

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Project Highlights• Sharjah Waterfront City is located in proximity to Hamriyah

free zone, City’s airport and other key locations.• Master plan for all the ten Islands is completed; all the required

approvals has been obtained and the project is ready to start construction.

• Sharjah Waterfront City is environment friendly and is based on hydro mechanic design.

• Sharjah WFC will have a world class Water Theme Park “Crystal Lagoon” spread across a large area of around 1.5 million Sq. ft. with state of the art facilities and having numerous rides matching with the latest trends to make it a one stop destination for the family entertainment. World’s

renowned designer firm Jack Rouse Associates has prepared the Master Plan and Preliminary Concept Design for the Crystal Lagoon Water Theme Park.

• According to our research and estimates, Sharjah WFC Phase I is expected to generate an average annual return on investment between 27% to 34%.

• Sixty percent area of the City is planned to be landscaped with beaches, gardens, parks, and roads.

• Sharjah Waterfront City is going to have its own tram to be developed by the main developer to facilitate the better interconnectivity for the project.

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About the Developer

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About the Developer• Sharjah Oasis is a UAE based corporation with

impeccable real estate development credentials.

• The company is a premier developer of integrated lifestyle communities featuring world-class residential and commercial properties, shopping malls, retail assets, high-end hospitality and leisure attractions. Our first-class designs, superior quality, superb finishes and a wide range of lifestyle amenities distinguish our master-planned projects.

• Sharjah Oasis is led by a team of passionate professionals

who are ready to challenge conventions and achieve results. With our wide experience in property management and mainvvance we are reaching new heights of success.

• The company is starting a series of successes with the launch of the iconic Sharjah Waterfront City project which is set to change the face of Northern Emirate’s tourism landscape. Building an innovation that will inspire generations to come, Sharjah Oasis aims to connect Societies & Cities and create a world class destination for living, business and tourism.

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• Renderings are for illustration purposes only. Actual usable floor space may vary from the value stated.• The developer reserves the right to make revisions.