Alef Group, a leading real estate developer based in Sharjah, has awarded construction contracts worth AED 750 million, initiating the final phase of its flagship Hayyan project. With 97% of the development’s inventory already sold, this phase will introduce over 700 residential units, highlighting robust market demand and strong investor confidence in the community.
The contracts encompass the construction of the Samr 1, Samr 2, and Deem residential clusters, alongside the Hayyan mall, clubhouse, and comprehensive landscaping and public realm enhancements. This development marks the full-scale rollout of Hayyan’s final stage, reinforcing Alef Group’s consistent project execution, disciplined delivery approach, and sustained confidence in Sharjah’s growing real estate market.
Ayman Alhammadi, Senior Vice President of Projects Delivery at Alef Group, stated that the continued progress across residential and community components reflects solid confidence in the project’s advancement, as well as in the resilience and growth trajectory of Sharjah’s real estate sector.
