Logo of ASAS Real Estate

ASAS Real Estate, the real estate arm of Sharjah Islamic Bank (SIB), offered a new collection of residential and commercial plots in Muhadhab  project, Sharjah.

The company stated on X that the project offers options for freehold ownership of residential and commercial plots for all nationalities. The project is located near the emirates of Ajman and Umm Al Quwain.

Residential plot prices in the project start from AED 288,000, with areas starting at 2,131 square feet, while commercial plot prices start from AED 1.1 million, with areas starting at 4,570 square feet.

According to the company, sales for the first phase will begin on Wednesday, September 30, 2026, at ASAS Real Estate’s headquarters on Maliha Street in Sharjah.

According to data available on Argaam, ASAS recently announced the launch of infrastructure development works for 11 residential, commercial, and industrial land projects in Sharjah, including the Muhathab mixed-use project and the Logistics City project designated for commercial and industrial purposes.

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