INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Shurooq real estate sales exceed $48 million at ACRES 2024

The four-day event was held in Sharjah. (Shurooq)
  • Shurooq said it has been continuously boosting Sharjah’s global investment appeal with revolutionary projects like Sharjah Sustainable City.
  • At ACRES 2024 Shurooq showcased phase 4 of this net zero mixed-use development, selling and reserving 42 units that are valued at AED 102.5 million.

Sharjah, UAE — Sharjah Investment and Development Authority (Shurooq) contributed over AED 177 million to the total sales of AED 1.4 billion during the four-day Sharjah Real Estate Exhibition (ACRES 2024). 

Shurooq said it has been continuously boosting Sharjah’s global investment appeal with revolutionary projects like Sharjah Sustainable City, which is a joint venture between “Shurooq” and Diamond Developers.

At ACRES 2024 Shurooq showcased phase 4 of this net zero mixed-use development, selling and reserving 42 units that are valued at AED 102.5 million.

Another residential project “Shurooq” showcased at the exhibition is ‘Ajwan’, which is being developed in the picturesque coastal town of Khorfakkan in the eastern region of Sharjah.

The promise of affordable seaside luxury was a resounding success at ACRES, with Shurooq selling and reserving 32 units totaling AED 74.1 million in value.

Ajwan has made a debut with two signature residential towers ‘Saahil’ and ‘Al Joon’, and upon completion, the development will comprise six buildings containing 185 apartments, a five-star hotel managed by Marriott Autograph Collection, two adult swimming pools, a kids pool, and a waterfront.