Alef awards $204.2m contracts for final phase of Sharjah’s Hayyan project

  • 6 days ago
  • 0

The contracts include the Samr 1, Samr 2 and Deem residential clusters, as well as a mall, clubhouse and landscaping works, marking the start of full-scale execution of the project’s final phase

Alef Group has awarded construction contracts worth AED 750 million ($204.22 million) for the final phase of its Hayyan development in Sharjah, covering more than 700 residential units.

The contracts include the Samr 1, Samr 2 and Deem residential clusters, alongside a mall, clubhouse and landscaping works, marking the start of full-scale execution of the project’s concluding phase.

The developer said the milestone reflects continued progress on Hayyan and sustained demand for residential developments in Sharjah.

Ayman Alhammadi, Senior Vice President of Projects Delivery at Alef Group, said: “The launch of construction works for the final phase of Hayyan marks a defining moment in the evolution of this landmark community. As we move forward with more than 700 residential units and key lifestyle components, we are reaffirming Alef Group’s commitment to delivering fully integrated destinations that elevate quality of life and create long-term value.

“Hayyan reflects our philosophy of developing with heritage, guided by vision, where nature, architecture, and community are brought together through purposeful planning and disciplined execution. The steady progression of works across residential and community assets sends a strong signal of confidence in the project’s trajectory and in Sharjah’s dynamic real estate market.”

Hayyan is designed as a nature-led residential community centred on green spaces, walkable neighbourhoods and wellness-focused living, with villas and residential units integrated into landscaped surroundings.

The project’s final phase includes lifestyle components such as retail and community facilities, aimed at supporting long-term residential demand and enhancing liveability.

News Sourcehttps://www.arabianbusiness.com/real-estate/alef-awards-204-2m-contracts-for-final-phase-of-sharjahs-hayyan-project

Contact Keystone Real Estate and discuss the most lucrative Airbnb investment options in Dubai.

Call: +971 52 984 7151

Website: www.ksgre.ae

Join The Discussion