Al Rasikhoon Real Estate has launched a new industrial and commercial development, “Al Qasimiya Gate,” in Sharjah, with a total value exceeding Dhs1 billion.
The announcement was made during a ceremony held at the Grand Hyatt Dubai on Monday, attended by government officials, investors, and business leaders.
Strategic Sharjah location
The project spans over 9.6 million square feet and is located in Al Qasimia Industrial City near Al Madam, along the Dubai–Hatta Road. Its proximity to major highways and emirates positions it as a key logistical hub linking Abu Dhabi, Dubai, Sharjah, Ajman, and Ras Al Khaimah.
Designed as a freehold development for all nationalities, “Al Qasimiya Gate” offers commercial and industrial plots with incentives including competitive pricing, waived government registration fees, and a two-year payment plan without a down payment.
‘Land of Opportunities’
The development aims to support small- and medium-sized industries by offering flexible building permits, ready-made feasibility studies and designs from accredited consultants, and utilities provided through Etihad Water & Electricity.
Khalifa Sultan Bin Harib AlMheiri, General Manager of Al Rasikhoon Real Estate, said: “Land is not just a space for construction, it is a ‘Land of Opportunities’ that opens doors to growth and prosperity. We firmly believe land investment remains one of the safest and most effective choices. Through ‘Al Qasimiya Gate’ project, we are providing investors with a dynamic platform that combines modern infrastructure with a strategic location, ensuring long-term value.”
He added: “This project goes beyond its location and competitive incentives. It represents a comprehensive vision of real estate as a cornerstone of sustainable communities. We aim to be genuine partners to investors by equipping them with the tools and flexible permits they need, along with ready-made feasibility studies and designs, to turn their visions into thriving ventures.”
Focus on long-term value
The launch coincides with a two-day sales event ending September 2, offering early investors access to special offers and flexible terms. The event has seen strong attendance, reflecting continued investor interest in Sharjah’s growing industrial sector.
Sharjah’s ongoing urban expansion, future access to the Etihad Rail network, and supportive regulatory environment continue to make it a key destination for long-term investment.
Since its establishment in 2002, Al Rasikhoon Real Estate has delivered several major projects across the UAE, including Al Thuraya, Al Bahia, and Al Maha Village. With “Al Qasimiya Gate,” the developer aims to expand its presence in Sharjah’s industrial and commercial real estate sector.
tanvir@dubainewsweek.com