A $1.4 Billion Project Taps the Housing Boom in Dubai’s Neighbor Sharjah

A firm backed by members of Sharjah’s ruling family is entering the real estate market with a 5 billion dirham ($1.4 billion) housing project, seeking to tap into growing demand in Dubai’s northern neighbor.

Beeah Group, known for its waste management operations and clean energy initiatives, plans to launch its first residential development in Sharjah, Chief Executive Officer Khaled Al Huraimel said in an interview. The project will include about 1,500 homes, along with shops, offices and sports facilities.