Sanzen Sells Out Phase One of AED 2.36bn Sukoon Project

Sanzen Sells Out Phase One of AED 2.36bn Sukoon Project

Post by : Bianca Qureshi

Jan. 21, 2026 6:03 p.m. 409

Sharjah, United Arab Emirates, 21 January 2026 — Sanzen Real Estate Development has announced the successful sell-out of Phase One of Sukoon, its landmark integrated residential community located in the Al Tay district of Sharjah. The project carries a total estimated development value of AED 2.36 billion and has witnessed strong market demand from both end users and long-term investors.

Phase One of the development comprised 240 villas, all of which were fully sold, underscoring robust buyer confidence and reinforcing Sukoon’s positioning as a premium villa community within one of Sharjah’s fastest-growing residential corridors. Encouraged by this response, Sanzen has also reported positive sales momentum across the subsequent phases of the project.

Upon full completion, Sukoon will feature a total of 859 villas, complemented by a dedicated retail mall and a mosque, creating a fully integrated lifestyle destination. The development is set to become one of the largest villa communities located along the strategic growth belt connecting Sharjah and Dubai.

The announcement coincided with the official inauguration of Sukoon’s on-site sales center, an event attended by leading real estate brokers, investors, and prospective homebuyers. The new sales center has been designed to enhance buyer engagement, provide a comprehensive project experience, and support the marketing and sales of upcoming phases.

Commenting on the achievement, Abdulaziz Al Sanad, Chairman of Sanzen Real Estate Development, said:
“The complete sell-out of Phase One of Sukoon is a major milestone for Sanzen and a strong validation of the market’s trust in our vision. This success reflects the project’s quality, strategic location, and long-term investment value, while reinforcing our commitment to delivering well-planned residential communities.”

Amro Saleh, Chief Executive Officer of Sanzen, highlighted the role of the newly launched sales center, stating:
“The on-site sales center allows buyers and brokers to experience Sukoon within its real environment. It plays a critical role in strengthening transparency, engagement, and confidence as we move forward with the next phases of the development.”

Strategically located close to the Sharjah–Dubai border, Sukoon is designed to cater to families seeking spacious villa living within a well-connected and self-sustained community. The project offers convenient access to both emirates while maintaining competitive villa pricing aligned with current market conditions, according to the developer.

#Global News #UAE News #Real Estate

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