The project is part of Sahara Centre, one of the most popular shopping destinations in the UAE, and the proposed development located on the border between Sharjah and Dubai, which is surrounded by high-density communities. The surrounding area of Sahara Centre is also well serviced with several residential, commercial, healthcare, and educational facilities. Also, the proposed development will cater to the surrounding area and to Sahara Centre visitors - Sharjah residents and travelers coming from Dubai, who comprise 45% of Sahara Centre’s visitors.
Why Invest in Sahara Healthcare City?
1. Strong Market Potential
Revenue generated from sales within the UAE healthcare sector is forecast to grow at a compound annual growth rate (CAGR) of 7.5% over the over the next five years to reach AED 39.4 billion ($10.7 billion) in 2021, new analysis from Dubai Chamber of Commerce and Industry predicts
2. Growing Demand
Growing demand for highly specialized services, coupled with an aging population, mandatory healthcare insurance, a steady rise in GDP per capita, and a prevalence of lifestyle diseases.
3. Lack of Centralized Medical Facilities
There are currently no centers of excellence or specialized medical centers in Sharjah; therefore, opportunities exist for highly specialized facilities in the fields of oncology, pediatrics, and diabetes.
The medical facilities market in Sharjah is under-served and steadily growing, with opportunities available for investment in this up-and-coming sector.
4. Adjacent to Sahara Center
Sahara Healthcare City gains access from the mall as well as from the new residential towers. Its location has the following benefits:
- Strategic location on the border of Sharjah and Dubai
- Access to the Northern Emirates
- Close to Dubai and Sharjah airports