UAE-based Sheikh Zayed Housing Program has given approval for the launch of engineering consultancy tenders for the construction of a 250-unit residential neighborhood at Khor Fakkan in Sharjah’s Eastern Region.
The decision came at the Sheikh Zayed Housing Program’s board meeting which saw the board members approve 1,000 decisions to support housing, to mark Ramadan and as part of its housing program in 2019, said a statement from SZHP.
Every housing unit of the residential neighborhood, located in Al Owainat area off Khor Fakkan, will have an estimated area of 360 sq m, with three to four bedrooms each that could be expanded in the future.
The housing project is estimated to cost between Dh800 million to Dh1 billion ($218 million to $272 million) and is likely to be completed by the end of 2022, it stated.
The winning group will provide the planning, design and supervision services for the project, it added.
The approval is in implementation of the directives of the Vice President, Prime Minister and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, and the monitoring of Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, remarked Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Program.
The UAE Government has prioritized housing, wellbeing and social cohesion stated Dr. Al Nuaimi.
He also praised the role of the Sharjah Government and its cooperation in providing land for the project.
The program has built five residential neighborhoods around the country since its establishment, totaling 1,490 housing units. The neighborhood of Al Soyooh in Sharjah is the first one in the emirate. Currently, three more are being constructed around the country, comprising 1,990 housing units, he added.
TradeArabia News Service