ASAS Real Estate Unveils Phase Two Of Sajaa Industrial Lands Project In Sharjah

ASAS Real Estate, a branch of Sharjah Islamic Bank, has begun selling phase two of the Sajaa Industrial Lands project. This development is situated in the strategic Sajaa Industrial Area of Sharjah. It offers freehold ownership to UAE nationals, GCC citizens, and Arab residents in the UAE. Flexible payment plans are available, extending up to 24 months.

The second phase of this project includes 1,239 plots that are strategically positioned with strong infrastructure. These plots support both industrial and commercial ventures. Plot sizes vary from 9,500 to 30,000 square feet. Prices start at AED1,045,000 and can go up to AED4,050,000.

Ahmed Al Ameri, General Manager of ASAS Real Estate, mentioned that phase two follows the success and demand observed during phase one in late 2024. He emphasised the company's dedication to offering competitive investment opportunities for individuals and businesses. These opportunities promise attractive returns aligned with the growth of the UAE’s real estate market.

The initiative aims to boost economic diversification and support Sharjah’s industrial growth by encouraging private-sector involvement. It enables investors to initiate or expand their industrial operations within the region.

A down payment of 20% is required for these plots, with a flexible payment period extending over 24 months. Special financing options are available through Sharjah Islamic Bank to assist investors further.

Investors have the option to build warehouses with mezzanines on industrial plots. Commercial-industrial plots allow for showrooms, offices, and warehouses with specific height configurations.

Support for Investors

ASAS Real Estate has a dedicated team located at its headquarters on Maliha Road in Sharjah. This team is available to assist investors with project details and technical inquiries. Additionally, financing options are provided through Sharjah Islamic Bank.

This development not only supports industrial activities but also aligns with broader economic goals by empowering private-sector participation in Sharjah's growth story.

With inputs from WAM