AL JUNAIDI REAL ESTATE LAUNCHES FLEXIBLE PAYMENT PLAN FOR “ALTAY VILLAS” IN SHARJAH

Al Junaidi Real Estate L.L.C.SP, a real estate development and services company based in the Emirate of Sharjah, has announced the launch of a new and expanded set of financial solutions for its residential project, *Altay Villas*, located in Al Raqiba. The announcement comes as part of the company’s broader approach to provide more flexible ownership options and respond to the growing activity in Sharjah’s real estate market.

The company has introduced what it refers to as “Plan B,” a structured and flexible payment plan designed to accommodate different buyer profiles, including both investors and families looking for long-term residence. The plan is positioned as a practical response to current market dynamics, offering a balance between affordability and structured financial commitment.

Under the new plan, villa prices start from AED 2,850,000, including corner villa options at this price point. The payment structure begins with a 10% booking fee, followed by monthly installments starting from AED 7,500 from the first month. The plan also includes scheduled milestone payments, with 20% due after 12 months, 30% after 24 months, and 35% after 36 months, completing 100% of the total property value through a phased and predictable payment schedule.

The project is located in Al Raqiba, directly behind Sharjah Grand Mosque and adjacent to Al Nasma project. Its location provides direct access to Emirates Road, as well as proximity to University City and Al Hoshi, offering residents convenient connectivity between Sharjah and Dubai, and access to key residential and service hubs.

*Altay Villas* consists of 62 residential villas currently under development, designed with a focus on functional layouts and modern living standards. A typical unit (Plot 6890/1) features a built-up area of approximately 3,229 square feet on a land area of 5,099.61 square feet, with a total price of AED 3,229,170 and a fixed rate of AED 1,000 per square foot.

Commenting on the announcement, Hussein Al Junaidi, CEO of Al Junaidi Real Estate, said:
“We are confident in the strength of Sharjah’s real estate market, which recorded AED 65.6 billion in transactions in 2025, reflecting a growth of 64.3%. The launch of this new plan reflects our commitment to offering flexible solutions that align with market demand and support both investors and end-users.”

He added:
“We continue to focus on delivering residential projects that combine strategic locations with practical living standards. The project also offers freehold ownership for Arab nationals and usufruct rights for up to 100 years for other nationalities, in line with Sharjah’s growing position as an attractive destination for real estate investment.”

The project is scheduled for full completion in 2028, in line with the company’s construction and delivery plans.

Al Junaidi Real Estate invites interested buyers and investors to explore the project and benefit from the current payment plan by contacting +971 6 561 6655 or visiting the company’s office in Sharjah.