Sharjah: In cooperation with Sharjah Chamber of Commerce and Industry, Asas Real Estate Company, the real estate division of Sharjah Islamic Bank, announced the launching of sales of the Al Qasimia City commercial, industrial project.
In keeping with the Ministry of Industry and Advanced Technology’s 300 billion project strategy, it is one of the most prominent industrial real estate projects in Sharjah. It is the largest and most comprehensive plan in the country to develop the industrial sector, and contribute to achieving leadership and sustainable economic growth locally, regionally, and globally.
Project integration
“We continue to launch distinguished projects in the Emirate of Sharjah, with an industrial and commercial city project integrated with industrial, logistical and commercial facilities and services. To strengthen the industrial sector and achieve sustainable economic growth by providing the appropriate real estate incubator to promote local industrialization and the expansion of value-added industries,” said Ahmed Al Amiri, General Manager of ASAS Real Estate.
Located in the Emirate of Sharjah, along the Dubai-Hatta highway, in the Al Madam area, the project aims to encourage investors to invest in industrial projects. With easy accessibility from Abu Dhabi, Dubai, and Ajman, the project offers all the potentials and elements of industrial investment, backed by a high level of infrastructure including roads, lighting, and electricity.
Port accessibility
Located between the country’s ports on the eastern and western coasts, the project has an intermediate location. As a result, industries and logistics are attracted, job opportunities are created, and high-tech sectors are supported.
It includes multiple plots of land for factories, exhibitions, warehouses, offices, and workers’ housing. Commercial lands, starting from Dh179,000 for commercial lands and Dh522,000 for industrial lands, represent a rewarding investment opportunity for owners of different industries, since the project includes 1,119 industrial plots. In an entire area dedicated to various sectors, the retail area covers more than 22 million square feet. The space starts at 3,965 square feet for commercial land and reaches 115,765 square feet for industrial land. This land is suitable for a variety of industries.
To assist those who wish to buy, ASAS Real Estate has a specialized team. At ASAS Real Estate Company on Maliha Street in the Emirate of Sharjah, they provide information on the features and spaces of the project and answer all technical questions in order to take the highest level of preventative measures to ensure the health and safety of all. The project offers provision of financing facilities through the Sharjah Islamic Bank.