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United Arab Emirates Procurement News Notice - 78306


Procurement News Notice

PNN 78306
Work Detail The project includes Sharjah’s largest private community park on an elevated podium Sharjah-focussed private real estate developer Alef Group announced on Monday the launch of its latest residential project Olfah valued at 2.5 billion UAE dirhams ($681 million). Alef said in a statement that the development, spanning 84,814.40 square metres (sqm), will feature Sharjahs largest private community park, located on an elevated podium spanning over 26,000 sqm. According to the statement, Olfah will comprise 12 buildings, each rising between 9 and 11 stories, set upon a unified platform offering 2,787 units in one-, two-, and three-bedroom configurations, alongside 1,500 sqm dedicated to commercial, service, and dining facilities. Issa Ataya, CEO of Alef Group, said: " Olfah is designed around the concept of nature at its largest, with expansive green spaces creating an inviting and serene atmosphere. This project reflects our vision of integrating nature with modern living, offering a lifestyle that fosters well-being and community engagement." The project also includes parks, childrens playgrounds, an amphitheatre, BBQ areas, resort and sports swimming pools, wellness areas and underground parking. Construction and delivery timelines weren’t disclosed.
Country United Arab Emirates , Asia
Industry Real Estate
Entry Date 01 Oct 2024
Source https://www.zawya.com/en/projects/construction/alef-group-launches-681mln-olfah-residential-project-in-sharjah-q37afue2

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