ASAS Real Estate, a subsidiary of Sharjah Islamic Bank, has announced the commencement of sales for phase two of the Sajaa Industrial Lands project, located in the strategically positioned Sajaa Industrial Area in Sharjah.
The project provides freehold ownership options for UAE nationals, GCC citizens, and Arab residents in the UAE, along with flexible payment plans that extend up to 24 months.
Ahmed Al Ameri, General Manager of ASAS Real Estate, stated that phase two builds on the remarkable success and demand seen during phase one in late 2024. He highlighted the company’s commitment to providing competitive investment opportunities for individuals and businesses, offering lucrative returns aligned with the growth of the UAE’s real estate sector.
The initiative aims to foster economic diversification and support Sharjah’s industrial development by empowering private-sector participation and enabling investors to launch and expand their industrial activities.
Al Ameri noted that the second phase includes 1,239 strategically located plots with robust infrastructure, facilitating industrial and commercial projects.
The plot sizes range from 9,500 to 30,000 square feet, with prices starting at $2,84,508 (AED1,045,000) and reaching up to $11,02,640 (AED4,050,000).
According to the statement, a 20 percent down payment is required, with a flexible payment period of 24 months. Special financing options are available through Sharjah Islamic Bank. Investors can construct warehouses with mezzanines on industrial plots, while commercial-industrial plots allow for showrooms, offices, and warehouses with specific height configurations.
ASAS Real Estate has a specialized team at its Sharjah headquarters on Maliha Road to assist investors with project details and technical queries. Financing options are also provided through Sharjah Islamic Bank.
