Dubai , April 9 , 2026 : Sanzen has officially commenced construction on Sukoon by Sanzen, a landmark AED 1.5 billion residential development in Sharjah, marking a bold vote of confidence in the UAE’s real estate sector amid a period of regional caution among developers.
The project, which will deliver 859 villas and townhouses across four phases, is positioned as a new model for community living—one that prioritizes everyday wellbeing rather than traditional leisure-focused design.
Construction began on April 7, 2026, following a formal signing ceremony held at Sanzen’s headquarters in Festival Tower, Dubai Festival City. The agreement was signed with PTC Contracting in the presence of senior leadership from both organizations and more than 20 media representatives.
Strategic Partnership and Leadership حضور
The ceremony brought together key figures including Abdulaziz Al Sanad, Chairman of Sanzen; Amro Saleh, CEO and Founder of Sanzen; Mohammad Obaid Alshaali, Chairman of PTC Contracting; and Hesham Mustafa, Project Manager at PTC Contracting.
Phase 1 construction has been awarded to PTC Contracting, a long-established Emirati firm with over 50 years of experience delivering projects across Dubai and Sharjah. The collaboration signals the start of a strategic partnership focused on quality, reliability, and long-term value creation.
A Community Built Around Daily Wellbeing
Derived from the Arabic word for “peace” or “calm,” Sukoon introduces a design philosophy centered on integrating rest and recovery into daily life. Instead of a single central clubhouse, the development distributes wellness amenities throughout the community, ensuring that residents are always within walking distance of green spaces, relaxation zones, and wellness facilities.
At the heart of the project lies a 3,000-square-meter lagoon connecting all four residential clusters, designed to encourage daily routines such as walking and outdoor reflection.
Phased Development with Expanding Amenities
Each phase of Sukoon introduces additional lifestyle features:
- Phase 1 (Under Construction): Recovery pavilion, mindfulness spaces, quiet rooms, waterside pod, and outdoor stretching areas
- Phase 2: Infrared sauna, nap pods, reflexology path, family lawns, and community dining spaces
- Phase 3: Cold plunge pools, padel and tennis courts, and outdoor fitness areas
- Phase 4: Sound healing pavilion, sunset viewing point, and communal gathering spaces
The wider development will also include swimming pools, cycling tracks, children’s play areas, nurseries, mosques, retail outlets, and smart home technology integrated across all units.
Strong Market Response and Sales Momentum
Demand for Sukoon has been robust from launch. Phase 1, comprising 241 units, sold out on its launch day—highlighting strong appetite among both local and international buyers.
Building on this momentum, Sanzen is targeting AED 3 billion in sales within its first year. Phase 2 is now open for bookings.
The developer attributes this confidence to the UAE’s economic resilience and historical performance during global downturns. Investors who entered the market during the 2008 financial crisis reportedly achieved returns of around 80%, while those investing during the COVID-19 period saw gains of up to 150%.
Self-Funded Model and Price Stability
Sanzen emphasized its position as a fully self-funded developer, enabling it to absorb fluctuations in construction costs without transferring them to buyers. As part of this commitment, Sukoon property prices are locked for a minimum of six months.
Executive Commentary
Amro Saleh, CEO and Founder of Sanzen, said the launch reflects a deliberate strategy:
“When others pause, we build. The commencement of construction at Sukoon is a defining moment for Sanzen—and a clear statement of confidence in the UAE economy. We are not simply building homes; we are creating a new benchmark for integrated living.”
Hesham Mustafa, Project Manager at PTC Contracting, added:
“Despite current regional conditions, we are moving forward with full confidence. This project reflects our commitment to delivering the highest standards and creating real value for investors and the market.”
Location and Timeline
Sukoon is strategically located in Sharjah with convenient connectivity to Dubai and Ajman via major highways. The full development is scheduled for completion and handover in the second quarter of 2029.
