With Dubai winning the Expo 2020 bid, many are going on speculating and analyzing how this win will positively impact the city. I thought of doing it a little different, and look into how this win will impact the Emirate of Sharjah over the next years.
1. Better Employment Opportunities for University Fresh Grads
The Sharjah University City is home to quality universities including the American University of Sharjah (AUS), one of the world's top 450 universities. Recent years have made the job search process quite challenging for fresh graduates resulting in entry level positions offering lower salaries compared to pre-2008 era. With the creation of hundreds of thousands of jobs, it is expected that the labor market will slowly transform back into a job seekers market resulting in better job offers for the Emirate's fresh graduates.
2. Investment Opportunities in the Sharjah Real Estate Market
Sharjah Holding is currently developing an integrated mixed-use community known as Al Zahia that will include a range of villas, apartments, and commercial units. With Al Zahia offering investment opportunities and with its location being in close proximity to E311 (Sheikh Mohammad Bin Zayed Road) and E611 (Emirates Road), and with also the property prices continuing to increase in Dubai, it is expected that more Arab expats will either choose to settle in Al Zahia with their families, or invest in it.
Also with rent prices in Dubai expected to pick up over the coming few years, it is only natural to expect that rent prices in Sharjah will follow suite.
3. More Tourism Facilities and Attractions
Shurooq, the Sharjah Investment and Development Authority, is currently developing a number of touristic attractions in the Emirate including the Heart of Sharjah (the biggest heritage project in the region of its kind), Al Bait Hotel (a true Emirati 10,000sqm 5-star luxurious retreat), Sir Bu Nair Island (located 65km off the coast of UAE), and Al Jabal Resort The Cheddi Khorfakkan,which is unique in the sense that it links two concepts, a Fort that will be open to public, and a Village.
With more people expected to choose the UAE as a home due to the Dubai Expo 2020 win, residents and tourists alike will seek such heritage and cultural attractions to get away a little from all the hustle and bustle.
4. More Companies to Start-Up in Sharjah
Many young adults have been contemplating the idea of starting up their own business. The Sharjah Hamriyah Free Zone and the Sharjah Airport Free Zone, due to their relatively lower costs, will most likely attract many of those young adults with limited capitals to establish their companies.
5. New Mass Transportation Modes
With Etihad Rail currently being underway, it is expected that by Expo year, the Rail would have already connected with the Emirate of Sharjah. This, as a result, will decrease dependency on motor vehicles as more people might prefer to commute comfortably in this highly anticipated alternative.
How else do you think Sharjah will benefit from the Dubai Expo 2020 win?
1. Better Employment Opportunities for University Fresh Grads
The Sharjah University City is home to quality universities including the American University of Sharjah (AUS), one of the world's top 450 universities. Recent years have made the job search process quite challenging for fresh graduates resulting in entry level positions offering lower salaries compared to pre-2008 era. With the creation of hundreds of thousands of jobs, it is expected that the labor market will slowly transform back into a job seekers market resulting in better job offers for the Emirate's fresh graduates.
 |
| Sharjah University City |
2. Investment Opportunities in the Sharjah Real Estate Market
Sharjah Holding is currently developing an integrated mixed-use community known as Al Zahia that will include a range of villas, apartments, and commercial units. With Al Zahia offering investment opportunities and with its location being in close proximity to E311 (Sheikh Mohammad Bin Zayed Road) and E611 (Emirates Road), and with also the property prices continuing to increase in Dubai, it is expected that more Arab expats will either choose to settle in Al Zahia with their families, or invest in it.
 |
| Sharjah - Al Zahia Project Location |
3. More Tourism Facilities and Attractions
Shurooq, the Sharjah Investment and Development Authority, is currently developing a number of touristic attractions in the Emirate including the Heart of Sharjah (the biggest heritage project in the region of its kind), Al Bait Hotel (a true Emirati 10,000sqm 5-star luxurious retreat), Sir Bu Nair Island (located 65km off the coast of UAE), and Al Jabal Resort The Cheddi Khorfakkan,which is unique in the sense that it links two concepts, a Fort that will be open to public, and a Village.
 |
| Sharjah Waterfront |
With more people expected to choose the UAE as a home due to the Dubai Expo 2020 win, residents and tourists alike will seek such heritage and cultural attractions to get away a little from all the hustle and bustle.
4. More Companies to Start-Up in Sharjah
Many young adults have been contemplating the idea of starting up their own business. The Sharjah Hamriyah Free Zone and the Sharjah Airport Free Zone, due to their relatively lower costs, will most likely attract many of those young adults with limited capitals to establish their companies.
5. New Mass Transportation Modes
With Etihad Rail currently being underway, it is expected that by Expo year, the Rail would have already connected with the Emirate of Sharjah. This, as a result, will decrease dependency on motor vehicles as more people might prefer to commute comfortably in this highly anticipated alternative.
 |
| UAE Railway Network |
How else do you think Sharjah will benefit from the Dubai Expo 2020 win?
I used to live there until two years back. Our own were pulled down - the new houses that supplanted them can be found in the upper right corner of the photograph. Wail. Generally they were negelected and abandoned even, and occupied by sharers, which is currently illicit. Our home was excellent with old trees and I took great consideration of it myself. I trust all that much they are being redesigned. The design of these estates is superior to anything new you can get. akoya dubai
ReplyDelete