Sharjah Waterfont City Brochure

Sharjah Waterfront City

M a d e b y N a t u r e

SWFC | Made by Nature | 1

M A D E B Y N A T U R E

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MASTER DEVELOPER ALLIANCE


Sharjah Real Estate Market

SHARJAH ECONOMY

Sharjah is the third largest Emirate in the UAE with an area of around 2,590 Sq. km. The Emirate, which is one of the seven Emirates that make up the UAE, produced a GDP of more than 80 bn AED in 2014.

Sharjah is the leading industrial and manufacturing capital of UAE accounting for about 40% of the GDP from industrial and manufacturing sectors of the Emirates.

Sharjah is an attractive investment destination and has what is considered the most secure and business-friendly environment within the region.

According to estimates of S&P; the growth rate of GDP per capita during the period from 2007 to 2016 is estimated to be around 3.3%.


As per the statistics released by the Sharjah Commerce and Tourism Development Authority, the hotel occupancy in Emirate remained around 74% along with an encouraging 6% increase in the guest nights in hotels in the first half of 2014.

Occupancy levels in retail space remain high in Sharjah due to limited supply. Retail supply has remained stable over the recent years, and has not responded to the increased demand due to population growth.

According to Colliers International; business owners/service providers prefer good quality buildings supported by the fact that prime quality office space buildings offering sea views enjoys high occupancy rate of 80%.

SHARJAH REAL ESTATE MARKET

Rental rates for apartments in Sharjah rose steadily over the last year with increase of 16% on average. Ren-tals for key comparable areas in Sharjah is as much as 45,000 AED for one bedroom and goes up to 95,000 AED for three bedroom.

Research conducted by Colliers International suggests that high end developments with sea views enjoy high occupancy and high rental rates and there is also a good demand for residential units; in particular high quality units with sea views.

Sharjah enjoys comparatively better yield as compared to Dubai and Abu Dhabi, thanks to the competitive edge provided by lower land prices.

As residential demand has started to surpass Sharjah supply, Government initiatives towards the launch of new projects and road developments are likely to boost the economy and cater to the upcoming housing needs.

AVERAGE RENTAL YIELDS ACROSS UAECategories Sharjah Dubai Abu Dhabi

Residential 7.0% 6.5% 6.7%

Commercial 9.0% 7.0% 9.8%

Retail 10.0% 10.0% 8.0%

Source: Colliers International


Sharjah Waterfront City, built on the belief that the outside is as important as the inside is nestled amidst lush greenery. The city will be pollution-free with world-class facilities for elite living.

With its beautiful beaches, moderate year-long weather, leisure and shopping opportunities; Sharjah Waterfront City presents itself as a complete and attractive holiday destination for European and GCC families.

Sharjah Waterfront City is designed to ensure the maximum comfort for the families, provide them privacy while enjoying the scenic beach view of the Sharjah Waterfront. Views outside the villas & the apartments with beach, open spaces and greenery spread all around will be breathtaking.

NATURE


Sharjah Waterfront City is environment friendly and is based on hydro mechanic design. Sharjah Waterfront City will follow the international standards of green environment which will reflect in the comfort & benefit of the residents.

It is further supported by the fact that Sixty percent of Sharjah WFC area will be landscaped with beaches, gardens, parks and roads while the remaining forty percent will contain main structure.

All ten Islands in Sharjah Waterfront City are connected by canals. The canals interconnecting the Island will not only reduce the temperature of the Sharjah WFC but will also reduce the consumption of electricity thus will contribute in energy conservation.

NATURE


Sharjah Waterfront City is strategically located with Arabian Gulf lying on its western border and Umm Al Quwain lying directly on its north. Sharjah WFC site is located in proximity from Hamriyah free zone, airport and other key attractions. Sharjah WFC is easily accessible from the Ittihad Road, Emirates Road and Al Aber Road.

LOCATION

MASTER PLAN

DRIVING DISTANCE TO KEY LOCATIONS

Emirates Distance (Km.)

Ajman 15 Km

Umm Al Quwain 15 Km

Sharjah International Airport 30 Km

Dubai International Airport 35 Km

Dubai 46 Km

Ras Al Khaimah 58 Km

Fujairah 131 Km

Abu Dhabi 193 Km


S H A R J A H W A T E R F R O N T C I T Y


SHARJAH WATERFRONT CITY

Sharjah Waterfront City (Sharjah WFC) is a series of ten islands interconnected by canals made by nature and spread across 36 Km of coastal land on the northeastern coast of Sharjah.

Sharjah WFC is expected to be the largest commercial, residential and tourism development project in the Emirate of Sharjah upon completion with total area of around 60 million Sq. ft.

Sharjah WFC is projected to be the forefront of the ultra-luxury development in the rapidly developing Emirates of Sharjah which is quickly becoming the cultural capital of the UAE.

Our objective is to develop Sharjah WFC as an epitome of privacy, luxury and status. Sharjah Waterfront City is a destination that accommodate your dreams perfectly. It promises a lifestyle thats worth living and flaunting too. We will ensure that Sharjah WFC would add a new dimension to the residents lifestyle.


PROJECT COMPONENTS

Sharjah WFC is expected to be built over several phases and the overall concept involves:

200 towers for residential and commercial purposes 95 apartment buildings Many multi-level hotels and service apartments More than 1,100 water-front and park-side villas Marine clubs World Class Water Theme Park One large shopping mall and various commercial centers spread across the Sharjah

Waterfront City Two main entertainment centers

Further, Sharjah Waterfront City also includes several mosques, schools, banks, stores, coffee shops and restaurants and will have potential to accommodate over 200,000 residents.

Sixty percent area of Sharjah WFC is planned to be landscaped with beaches, gardens, parks and roads whilst the remaining forty percent will contain main structures thus increasing the attractiveness of the Sharjah WFC and ensuring a scenic view from most of the villas, apartments and offices built in the City. Sharjah Waterfront City is going to have its own tram to be developed by the main developer to facilitate the better interconnectivity for the project.

Reclamation of land, canals interconnecting ten islands & piling has been completed.

Drawings for the roads & utilities and full infrastructure design is complete.

Major prerequisite required for infrastructure is in place.

Construction work for two Sub Stations for electricity to support the City needs and remaining infrastructure work for the whole project is going on in full swing.

Construction work for interconnecting islands through bridges has started.

Infrastructure design services for Electricity, Water, Roads, Bridges, Drainage, Telecommunication and others for the Sharjah Waterfront City is in progress.

INFRASTRUCTURE DEVELOPMENT


S H A R J A H W F C P H A S E 1


Sharjah WFC Phase I consists of a total of 298 plots planned to be developed for mixed use, hospitality, residential and commercial use while the complete development of Phase I will take place in 3 years.

Sharjah WFC Phase 1 will be spread across two Islands of Sharjah Waterfront City. Residential segment of Sharjah WFC Phase 1 will be located in Sun Island while the mixed use, commercial and hospitality segment will be located in Sector 2 Island.

According to our research and estimates, Sharjah WFC Phase 1 is expected to generate an average annual return on investment between 27% to 34%.


MIXED USE SEGMENT HOSPITALITY SEGMENT COMMERCIAL SEGMENT

RESIDENTIAL SEGMENT

PHASE 1 COMPONENTSPhase 1 of Sharjah WFC is spread across plot area of around 3,053,557 Sq. ft. and have construction area of around

15,220,292 Sq. ft. with total project cost of approximately 9.35 billion AED. Development for the Phase 1 will be completed

in time frame of three years. Sharjah Waterfront City Phase 1 Comprises:

Sharjah WFC Phase 1Particulars No. of Buildings/ Towers Total Plot Area in Sq. ft. Total Construction Area in Sq. ft

Mixed Use Segment 25 1,182,398.6 7,819,795.4

Hospitality Segment 3 330,369.4 5,477,145.8

Commercial Segment 2 512,124.2 894,685.5

Residential Segment 268 1,028,664. 8 1,028,664.8

Total 298 3,053,557 15,220,292

Sharjah Waterfront City Phase 1 is categorized into five following Zones:

Zone A Zone B

Zone C Zone D

Zone E


H O S P I T A L I T Y S E G M E N T


HOSPITALITY SEGMENT Sharjah Waterfront City includes many multi-level hotels & service apartments to be constructed in several Phases.

Phase 1 have three plots under the hospitality segment where hotels and service apartments will be developed.

The Hotels and Service Apartments to be developed in Phase 1 will be a contemporary luxury development that will embody height, light and space. They will offer magnificent views of the Sharjah Waterfront from most of the rooms, with a large shopping mall and a world class Water Theme Park located within its vicinity.

The hotels will have spacious and luxurious rooms & suites with the latest cutting edge technology conveying a warm and welcoming ambience. The hotels will feature ballroom, business center, swimming pool, gym, spa, coffee, retail shops and multi-cuisine restaurants.

The service apartments will comprise elegantly designed furnished apartments featuring modern decor, numerous facilities including business center, gym, spa, restaurants, coffee shop, swimming pool, kids play area and other amenities.

Our main objective is to develop iconic hotels and service apartments offering its guests world class services with gracious Sharjah Hospitality.


W A T E R F R O N T V I L L A S


V I L L A SVillas in Sharjah Waterfront City will be designed tastefully and adorned with all the modern amenities necessary for a comfortable living, where life will bloom in all its manifestations.

The spacious villas here will boast of all the lifestyle features that make life hugely satiating. The villas will be aesthetically designed to flaunt a unique style.

Villas has been conceived, designed & built with a single-minded mission: to make every day of life a truly relaxing, refreshing & invigorating experience. All Villas in Sharjah Waterfront City has been designed as smart Villas.

You could connect the devices and appliances in your home to your smart devices and put them at your command. Whether you give that command by tablet or smartphone, the home reacts.

There will be three types of Villas in the City: Attached Villas Semi Attached Villas Detached Villas


W A T E R T H E M E P A R K


Crystal Lagoon Water Theme Park will be one of the major attraction of the Sharjah Waterfront City and will be built on one of the ten islands located in Sharjah WFC.

Crystal Lagoon will spread across a large area of around 1.5 million Sq. ft. to accommodate a world class Water Theme Park with state of the art facilities and having numerous rides matching with the latest trends to make it a one stop destination for the family entertainment. Worlds renowned designer firm Jack Rouse Associates is preparing the Master Plan and Preliminary Concept Design for the Crystal Lagoon Water Theme Park.

This Water Theme park will serve various categories including families, youngsters & others and will include all amenities including restaurants, cafe, day care and other facilities.

One of the key features of the Crystal Lagoon Water Theme Park is that it will be operated 12 months a year due to favorable UAE weather conditions.

Our vision for the Water Theme Park is that it will become one of the leading global entertainment destination, catering to a wide variety of visitors worldwide particularly from the whole GCC, Europe and Asia.

CRYSTAL LAGOON WATER THEME PARK


M A R I N A C L U B


M A R I N ASpread across two km. stretch of Persian Gulf overlooking the Sharjah Waterfront; Marina in Sharjah WFC will be a home to more than 20,000 residents.

Marina will be developed as an iconic destination with one of the finest Water Theme Park in the UAE located in its vicinity, a mesmerizing marina walk, luxurious five star hotels & service apartments, mixed use towers including furnished & unfurnished residences and offices, high end retail including but not limited to cafes, multi-cuisine restaurants, sea taxi, marine clubs and much more.

Marine Clubs will be positioned competitively to make it a preferable choice in the whole UAE.

Development of Marina will be started in the second Phase and will take two years till completion.


PROJECT HIGHLIGHTSSharjah Waterfront City is located in proximity to Hamriyah free zone, Citys airport and other key locations.

Master plan for all the ten Islands is completed; all the required approvals has been obtained and the project is ready to start construction.

Sharjah Waterfront City is environment friendly and is based on hydro mechanic design.

SSharjah WFC will have a world class Water Theme Park Crystal Lagoon spread across a large area of around 1.5 million Sq. ft. with state of the art facilities and numerous rides matching with the latest trends to make it a one stop destination for family entertainment. Worlds renowned designer firm Jack Rouse Associates is preparing the Master Plan and Preliminary Concept Design for the Crystal Lagoon Water Theme Park.

Some of the towers will have smart features where all apartments will be developed as smart apartments. You can connect the devices and appliances in your smart apartments to your smart devices and put them at your command. It enables you to control all devices and appliances while you are not home.

Sixty percent area of the City is planned to be landscaped with beaches, gardens, parks, and roads.

Sharjah Waterfront City is going to have its own tram to be developed by the main developer to facilitate the better interconnectivity for the project.

P R O J E C T H I G H L I G H T S


A B O U T T H E D E V E L O P E R

ABOUT THE DEVELOPERSharjah Oasis is a UAE based corporation with impeccable real estate development credentials.

The company is a premier developer of integrated lifestyle communities featuring world-class residential and commercial properties, shopping malls, retail assets, high-end hospitality and leisure attractions. Our first-class designs, superior quality, superb finishes and a wide range of lifestyle amenities distinguish our master-planned projects.

Sharjah Oasis is led by a team of passionate professionals who are ready to challenge conventions and achieve results. With our wide experience in property management and maintenance we are reaching new heights of success.

The company is starting a series of successes with the launch of the iconic Sharjah Waterfront City project which is set to change the face of Northern Emirates tourism landscape. Building an innovation that will inspire generations to come, Sharjah Oasis aims to connect Societies & Cities and create a world class destination for living, business and tourism.

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M A D E B Y N A T U R E

Renderings are for illustration purposes only. Actual usable floor space may vary from the value stated. The developer reserves the right to make revisions.

Dubai UAE.Smart Heights Tower,12th Floor Oce 1204, Tecom | P.O. Box 500734 | Dubai, UAE.Tel: +971 4 276 7292 | Fax: +971 4 276 7293

Sharjah UAE.Al Batha Towers,14th Floor, Buhairah Corniche | P.O. Box 39459, Sharjah, UAE.Tel : +971 6 575 1075 | Fax : +971 6 575 1076

www . s h a r j a h o a s i s . c om

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Sharjah Waterfont City Brochure