ASAS Real Estate launches sales of Khorfakkan Resort Project

ASAS Real Estate, the Real Estate arm of Sharjah Islamic Bank (SIB), announced that Khorfakkan
Resort project sales would commence at the company’s headquarters on Maliha Road in Sharjah on
Monday, January 9, 2023.
The first of its kind project offers luxury apartments with a private beach on the eastern coast in
Khorfakkan, with the advantage of Freehold for all nationalities.
A private beach and charming seafront characterise the project on the east coast with a picturesque
mountain backdrop. It enjoys a prominent strategic location overlooking the Khorfakkan
Amphitheatre, Khorfakkan waterfall, and the Souq Sharq.
The project was designed with the finest modern concepts of coastal living, making the most of its
privileged location, which mediates the area between the mountain and the beach.
It provides a variety of stunning views of the coast, mountain, Amphitheatre and waterfall in
Khorfakkan. The project also includes retail, restaurants, recreational facilities distributed and
coordinated with the highest standards of exterior design to serve all apartments and provide the
visual aesthetic dimension in the surroundings.
Ahmed Al Amiri, General Manager of ASAS Real Estate, said, “In line with the visions and directives
of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of
Sharjah, to make Khorfakkan city a popular destination for tourism and investment, ASAS Real
Estate launched the “Khorfakkan Resort” project. The unique architectural design of the project is
consistent with the geographical nature of its prominent strategic location between the beach and
the mountains on the eastern coast, to be a tourist destination that enriches the cultural and urban
dimension of the city of Khorfakkan.”
“Khorfakkan Resort offers an exceptional opportunity to own luxury residential units with a private
beach on the beautiful coast of Khorfakkan and to enjoy a package of entertainment features, which
boost tourism and investment opportunities in the city of Khorfakkan and add value for investors,” he
Al Amiri stated that the construction work has commenced and is due for completion by the end of

  1. He indicated that the project would include a basement floor, a ground floor, and two upper
    floors for parking lots upon completion and nine residential floors.
    “We are delighted to launch the “Khorfakkan Resort” project, which represents a new addition to our
    investments. By applying our previous successes and expertise in real estate investment, we strive
    to continue to play an integral role in the real estate boom that the UAE is witnessing,” he concluded.


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