Arab News, Thursday, Mar 25, 2021 | Shaaban 11, 1442
UAE’s Sharjah real estate group begins construction of $58m community project
Saudi Arabia:
Sharjah-based Alef Group has started construction of an 818,00 square
feet development valued at 213 million dirhams ($58 million).
The Phase III of the Al Mamsha project will include 612 residential units spread
over six buildings, state news agency WAM reported.
The construction comes as the Alef Group announced increase in sales for the
previous two phases of the project, which the company said was due to growing
demand for residential units in the northern Emirate.