Completion of the Am Al-Tarafa Endowment Reconstruction Project

In line with the insightful vision of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, the achievements of the Am Al-Tarafa endowment reconstruction project stand out as a significant phase in the efforts to develop endowments. This project, which transformed an old market into a modern residential and commercial area, embodies the commitment to preserving endowment resources and enhancing their contribution to the community. This article invites exploration of the details of this project, which includes 140 apartments, 9 commercial shops, and 141 parking spaces, reflecting the importance of financial sustainability for endowments in Sharjah.

Transforming the Old Market into an Integrated Project

The reconstruction of the Am Al-Tarafa endowment represents an important step toward revitalizing neglected endowments. The area was previously an old market covering 1,852.9 square meters, which housed several shops. The Endowments Department has developed this site and transformed it into a comprehensive residential and commercial project aimed at meeting the needs of residents and visitors. The goal of this transformation is to achieve financial sustainability for the endowment and enhance its capacity to serve the community.

Commitment of the Endowments Department to Sustainable Development

Taleb Al Marri, the Director General of the Endowments Department, affirmed that the Am Al-Tarafa endowment reconstruction project is a testament to the investment and sustainability direction that the department strives for. He stated that this project “embodies the department’s efforts in rebuilding and developing endowments in line with urban and economic changes.” These initiatives aim not only to renew buildings but also to maximize returns to increase benefits for the community.

Future Prospects for Endowment Reconstruction

With the success of the Am Al-Tarafa endowment reconstruction project, the Endowments Department looks forward to more projects in the future, further enhancing the role of endowments in community development. These initiatives serve as models for how to manage endowments and achieve maximum benefit from them. Investing in endowment reconstruction ensures the longevity of endowments and enhances their ability to contribute to various aspects of life in Sharjah, affirming that endowments are not just resources but also tools for sustainable community development.