Bodour Al Qasimi reviews performance of Eagle Hills Sharjah

Bodour Al Qasimi reviews performance of Eagle Hills Sharjah

Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) has led the annual meeting of Eagle Hills Sharjah Development LLC board. This joint venture, between Shurooq and Abu Dhabi-based real estate developer Eagle Hills, remains committed to propelling Sharjah's development forward with dynamic and diversified growth initiatives. The hour-long meeting held at the Sharjah Research, Technology and Innovation Park (SRTIP) brought together key stakeholders including Mohamed Al Abbar, Chairman of Eagle Hills; Ahmed Obaid Al Qaseer, CEO of Shurooq; and Hisham Ibrahim, Group GM of Eagle Hills. The agenda for the meeting included comprehensive updates on ongoing projects, a review of 2023 business results and financial highlights, discussion on the 2024 budget, and an assessment of Q1 2024 financial performance. At the meeting, it was revealed that joint venture projects such as Maryam Island and Kalba Waterfront, have seen development progress continue steadily. For Maryam Island, multiple plots have been launched to the public, with handovers scheduled in phases from 2024 to 2028. As of Q1 2024, 2,500 units have been sold, with an additional 500 units yet to be launched. The project's overall budget stands at AED4 billion. Similarly, Kalba Waterfront remains a cornerstone of tourism