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Sharjah plans Stars Island project

- August 31, 2005, 4:44 am

Sharjah will soon see new islands rising offshore as part of an ambitious real estate development.

Saudi-based real estate company Al Hanoo Holding will launch a Dh3 billion Stars Islands project in Arabian Gulf waters.

The project will comprise 10 islands surrounded by five-metre deep attractive lakes, fed by the Arabian Gulf waters.

The residential and commercial project will be launched next month, with Halcrow International Engineering Consultant Company thandling the engineering design, said a report in the Arabic daily Al Bayan yesterday.

“We have studied the UAE real estate market and we found that Sharjah has the capability to be a very good market in the future,” said Abdullah Al Shukra, chairman of the Al Hanoo board of directors.

Nine islands will be developed according to global engineering and architectural techniques and will be located in the Al Hamriyah area, while the tenth island will be distinguished by its location, the report said.

Bridges will connect the ten islands.

The project will consist of ten high-rise buildings located in the middle of the islands, residential units, more than 2,500 villas, offices, hotels and recreation outlets.

A 5.4-million-square-foot space has been chosen for the project with completion scheduled in three years.

The project will be completed in several phases. Wade Adams Contracting Company will complete 40 per cent of the first phase by developing the land and preparing project infrastructure.

This phase will be completed by November, the report added.

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