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Majid Al Futtaim initiates Phase 2 handover of third Al Zahia neighbourhood

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The second phase of Al Lilac, the third neighbourhood to be fully occupied within Al Zahia, includes a total of 169 residential units.

Majid Al Futtaim Communities and Sharjah Asset Management have commenced the handover for the second phase of Al Lilac, a residential project in Sharjah, according to a statement. Majid Al Futtaim Communities is held by Majid Al Futtaim Properties.

Al Lilac is located in Al Zahia, a real estate residential community near Industrial Area 13 in Sharjah. Spanning over a million square metres, the community is owned by Sharjah Holding. Sharjah Holding is a joint venture between Majid Al Futtaim Properties and Sharjah Asset Management.

The second phase of Al Lilac consists of 169 homes, including three-bedroom townhouses, courtyard villas and five-bedroom villas.

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Al Lilac is the third fully occupied neighbourhood within Al Zahia

The first phase of Al Lilac was completed in March this year, the statement said. Al Lilac was launched in 2017, with the final release of homes in the neighbourhood announced in 2018. Al Lilac is designed to accommodate over 285 families.

Majid Al Futtaim Communities has already completed the launch and handover of two other residential projects within Al Zahia, Al Jouri and Al Narjis. This makes Al Lilac the third neighbourhood to be fully occupied within the community, the statement noted.

Meanwhile, ground was broken on Al Yasmeen Phase B in September this year. The fourth neighbourhood within Al Zahia, the two phases of the Al Yasmeen will feature over 200 luxury villas and townhouses.

Al Zahia has a total of six neighbourhoods and is scheduled for completion by 2023. It will include 3,700 homes upon completion, along with a clubhouse and six themed parks.

As of May 2021, 64% of the project had already been sold, with 800 families taking up occupancy in Al Zahia, according to an earlier statement.

“Rich in culture and diversity, Al Lilac appeals to those who seek a combination of grandeur and home comforts, making it one of Sharjah’s most desired and distinctive neighbourhoods,” Walid Al Hashimi, CEO of Sharjah Holding, said. “Adding to the appeal is the neighbourhood's rich architecture, lavish amenities and unparalleled lifestyle benefits, which make it the cultural heart of Sharjah’s premier lifestyle destination.”

Earlier this year, Majid Al Futtaim also opened City Centre Al Zahia, after a delay due to the COVID-19 pandemic. The AED 2.6 billion mall is within walking distance of the Al Zahia community in Sharjah. The mall covers 136,200 square metres in gross leasable space, making it the largest mall in the Northern Emirates.

Photo credit: https://www.alzahia.ae/en

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