Economy Local February 06, 2025

Meraas Launches New Real Estate Initiative

Meraas, a subsidiary of Dubai Holding, has announced a new real estate initiative that aims to boost the local economy and enhance investments in Dubai.


Meraas Launches New Real Estate Initiative

The company Mirwas, a subsidiary of Dubai Holding Real Estate, has announced the launch of a new project called "Sharjah Hills" in the Mashdar area of Sharjah. The project will feature a residential quarter to be built on an area of over 60 hectares, including more than 3,700 residences.

"Sharjah Hills" will consist of various residential buildings, including apartments, townhouses, and villas. The project will also include several public parks, sports facilities, children's areas, as well as a central basement and club.

The Chief Executive Officer of Mirwas stated: "Sharjah Hills" occupies an important place in our development portfolio. We aim to create a unique space that will contribute to a comfortable life for residents and promote their well-being."

Preliminary works on site have already begun, with the completion of the entire project scheduled for the end of 2023. "Sharjah Hills" is expected to become a new attractive location for living and recreation in Sharjah.