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Al Junaidi Real Estate has announced the launch of its new residential project in the Emirate of Sharjah, comprising the development of 62 villas in Al Raqiba area, with a total investment value of AED 220 million. The project is strategically located directly behind Sharjah Grand Mosque, adjacent to Al Nasma project, and in close proximity to Emirates Road, University City, and Al Hoshi area, offering a fully integrated residential environment that combines accessibility with essential services.
The launch aligns with the company’s strategy to deliver comprehensive real estate solutions that cater to both residential and investment needs in the emirate, capitalizing on the sustained growth of Sharjah’s real estate sector and the increasing demand for well-located, modern-designed properties. The project also offers freehold ownership for all Arab nationalities, enhancing accessibility for a broader segment of investors and homebuyers.
The development includes 62 villas currently under construction, featuring contemporary architectural designs and high-quality finishes. The project offers flexible payment plans extending up to 24 months, allowing buyers to pay 30% of the unit value over this period, with the remaining 70% payable upon handover. Full project delivery is scheduled for 2028.
Further enhancing ownership flexibility, the company has introduced a new long-term payment plan designed to offer exceptional financial ease. The plan starts with a 10% booking fee, enabling investors to enter the market with a relatively low initial capital. This is followed by structured monthly installments of AED 7,500, starting from the first month and continuing until the 21st month, ensuring a balanced and manageable cash flow for investors.
The financial structure also includes phased payments, with 20% payable during the construction period, followed by 30% at the 24th month, and 35% at the 36th month. This brings the total paid amount to 95% under a well-structured and buyer-friendly system designed to reduce financial burden and support long-term ownership, in line with best practices in flexible real estate financing.
The project also offers freehold ownership for all Arab nationalities, in addition to a 100-year usufruct system for foreign investors, further enhancing its investment appeal and expanding its investor base within Sharjah’s stable and well-regulated real estate environment.
Commenting on the launch, Hussein Al Junaidi, CEO of Al Junaidi Real Estate, stated:
“We are launching this project at a time that reflects our strong confidence in the resilience of Sharjah’s real estate market. We remain committed to our expansion plans despite ongoing geopolitical challenges in the region.”
He added:
“We firmly believe that the UAE’s real estate sector, particularly in Sharjah, is supported by strong economic and regulatory fundamentals that enable sustained growth. This project reflects our confidence in the market’s strength and the continued demand for both residential and investment properties.”
The launch comes as Sharjah’s real estate sector continues to demonstrate strong performance. In 2025, the emirate recorded its highest-ever transaction value of AED 65.6 billion, marking a growth of 64.3% compared to 2024. The total number of real estate transactions reached 132,659, reflecting a 26.3% increase, with investors from 129 nationalities participating in the market—highlighting Sharjah’s growing global investment appeal.
This strong performance reinforces sustained demand for new residential developments, particularly in strategically located areas—an objective Al Junaidi Real Estate aims to achieve through its latest project in Al Raqiba.
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