Al Junaidi Real Estate Launches Residential Project Featuring 62 Villas with an AED 220 Million Investment Value
Flexible Payment Plan and Full Project Delivery in 2028
Hussein Al Junaidi:
Launching Al Raqeeba project reflects our confidence in the resilience of Sharjah’s real estate market and the continued genuine demand for housing
We continue to expand despite geopolitical challenges… and Sharjah remains an attractive investment destination
Al Junaidi Real Estate announced the launch of its new residential project in the Emirate of Sharjah, which includes the development of 62 residential villas in Al Raqeeba area, with a total investment value of AED 220 million. The project is located in a strategic area behind Sharjah Grand Mosque, next to Nasmah project, and close to Emirates Road, University City, and Al Hoshi area, providing an integrated residential environment that combines a prime location with access to essential services.
The launch comes as part of the company’s strategy to deliver integrated real estate solutions that meet housing and investment needs in the emirate, benefiting from the continued growth of Sharjah’s real estate sector and the increasing demand for residential units in prime locations with modern architectural designs. The project also offers freehold ownership for all Arab nationalities, enhancing ownership and investment opportunities for a wide segment of buyers seeking housing and investment opportunities in the emirate.
The project comprises 62 villas currently under construction, featuring modern architectural designs and high-quality finishes. The built-up area of the villa (Plot Model 6890/1) is approximately 3,229 square feet on a land plot of 5,099.61 square feet, offered at a competitive total price of AED 3,229,170.
Flexible Payment Plan Until Ownership Transfer and Villa Registration
The new payment plan offers exceptional flexibility extending over several years, starting with a booking down payment of only 10 per cent of the property value. It also includes regular and affordable monthly installments of AED 7,500 starting from the first month and continuing until the twenty-first month. In addition, the financial schedule includes phased payments of 20 per cent during the construction period and 30 per cent at the twenty-fourth month, followed by 35 per cent at the thirty-sixth month, bringing the total paid amount to 100 per cent.
Ownership transfer and villa registration are completed upon full payment through the Sharjah Real Estate Registration Department under the buyer’s name, ensuring full legal ownership, process transparency, and investor security.
The project also offers freehold ownership for all Arab nationalities, in addition to a 100-year usufruct system for foreign nationalities, further enhancing its investment appeal and expanding the investor base within the emirate’s stable regulatory environment.
Hussein Al Junaidi, Chief Executive Officer of Al Junaidi Real Estate, said the launch of the project comes at an important time that reflects continued confidence in the resilience of Sharjah’s real estate market, noting that the company is moving forward with its expansion plans despite the geopolitical challenges facing the region.
He added: “We believe that the real estate sector in the UAE, and in Sharjah in particular, has the economic and regulatory fundamentals needed to sustain growth. The launch of this project reflects our confidence in the strength of the market and the continuation of genuine demand for housing and investment.”
The project is being launched at a time when Sharjah’s real estate sector continues to achieve strong performance. In 2025, the emirate recorded its highest-ever trading value at AED 65.6 billion, representing a growth of 64.3 per cent compared to 2024. The total number of transactions reached 132,659, up 26.3 per cent, while the investor base expanded to include 129 nationalities, reflecting the emirate’s growing attractiveness for real estate investment.
This performance confirms the continued demand for new residential projects, particularly in prime locations, which Al Junaidi Real Estate aims to address through its new project in Al Raqeeba For inquiries and contact, Hussein Al-Junaidi, +971567777499 / +971504813117
