Sharjah Construction Sector Research Highlights

Analysis

How can sustainability support the global economic recovery?
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Many emerging markets are turning to infrastructure projects to stimulate recovery from the Covid-19 pandemic, with a particular focus on green and sustainable developments. Despite the broader downturn in 2020 – which the IMF says resulted in the global economy contracting by 3.5% – the number of newly announced infrastructure projects increased by 5%, according to analysis from global financial…

Analysis

China’s global infrastructure drive adds focus on sustainability
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Following a year of pandemic-related disruptions, there appears to be a greater focus on sustainable, digital and health-related projects; for example, in the Belt and Road Initiative (BRI), of which the UAE is one of the key participants in the Middle East. Launched in 2013, the BRI is an ambitious international initiative that aims to revive ancient Silk Road trade routes through largescale infrastructure…

Overview

A look at trends in Sharjah’s construction and real estate sectors
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The emirate of Sharjah has worked to brand itself as a unique place within the UAE and the wider GCC, which has resulted in an uptick in work for contractors as they try to close the gap in supply and demand for real estate, especially in the residential segment and for other family-friendly infrastructure. Although the Covid-19 pandemic temporarily disrupted the market, mixed-use developments that…

Interview

Ahmed Alkhoshaibi, CEO, Arada: Interview
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Interview:Ahmed Alkhoshaibi In what ways are real estate developers pursuing differentiated residential projects or aligning their products with the needs of target markets? AHMED ALKHOSHAIBI: Similar to the importance of diversification to Sharjah’s economy, a wide range of products for end users and investors is key for developers. For instance, Nest at the Aljada mega-project is a first-ofits-kind…

Interview

George Khouzami, COO, Al Thuriah Group: Interview
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Interview:George Khouzami Which factors are driving demand for residential real estate in Sharjah, and how has the Covid-19 pandemic impacted these trends? GEORGE KHOUZAMI: Sharjah has recently emerged as one of the most in-demand emirates for real estate due to its vibrant environment, prime location and affordability. Middle-income individuals benefit from spacious homes, a lower cost of…

Chapter

The Report: Sharjah 2021: Construction & Real Estate
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Sharjah has worked to brand itself as a unique location within the UAE and the wider GCC, which has resulted in an uptick in work for contractors as they try to close the gap in supply and demand for real estate, especially in the residential segment and for other family-friendly infrastructure. Although the Covid-19 pandemic temporarily disrupted the market, mixed-use developments that incorporate…

Country Report

The Report: Sharjah 2021
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As it seeks to capitalise on the innovative opportunities presented by the Fourth Industrial Revolution, Sharjah benefits from developed transport and logistics infrastructure, access to the Gulf and the Gulf of Oman, and a well-connected international airport. A number of initiatives aimed at developing the economy and encouraging investment inflows have been implemented over the past decade. Sha

Country Report

The Report: Sharjah 2018
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The emirate has had particular success in developing a thriving industrial and manufacturing sector, which revolves around its two free zones and 19 industrial zones. As a result, Sharjah is one of the main industrial bases in the UAE, with manufacturing accounting for 17.2% of emirate-level GDP. Meanwhile, its deep commitment to promoting education remains a mainstay of Sharjah’s regional ident

Country Report

The Report: Sharjah 2017
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Possessing limited oil and gas resources by regional standards, the emirate of Sharjah has worked hard to develop a more thoroughly diversified economic profile in order to drive growth. Efforts have evidently paid off, with its GDP increasing by more than 32% between 2010 and 2015, fuelled largely by its strong manufacturing and logistics industries. Another major growth area is financial service

Analysis

Several large mixed-used real estate developments take shape in Sharjah
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Sharjah is attempting to step out of the shadow of its larger neighbour, Dubai, with the development of a number of major signature projects that could significantly reshape its construction landscape. Many of these projects are mixed use, with master plans involving residential properties, commercial spaces, large-scale shopping malls and, in some cases, hotels and even an amusement park. Waterfront…

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Sharjah Construction Sector Research Highlights

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