The Alef Group has awarded construction contracts worth US $204mn, signaling the beginning of the final phase of its flagship Hayyan Development. 97% of the project’s inventory has been sold, indicating the strong market demand and investor confidence in the community.

This final phase of the Hayyan development will deliver over 700 residential units, further solidifying market demand and investor confidence in the project. The awarded contracts encompass the development of the Samr 1, Samr 2, and Deem residential clusters, as well as the Hayyan mall, clubhouse, and extensive landscaping and public realm works.

Ayman Alhammadi, Senior Vice President, Projects Delivery at Alef Group said, “The steady progression of works across residential and community assets sends a strong signal of confidence in the project’s trajectory and in Sharjah’s dynamic real estate market.”

The milestone marks the complete execution of Hayyan’s concluding phase, solidifying Alef Group’s consistent development momentum, delivery strategy, and market confidence in Sharjah’s evolving real estate sector.