A rendering of the new Khor Fakkan adventure attraction. Photo: Shurooq
A rendering of the new Khor Fakkan adventure attraction. Photo: Shurooq
A rendering of the new Khor Fakkan adventure attraction. Photo: Shurooq
A rendering of the new Khor Fakkan adventure attraction. Photo: Shurooq

Zip line, giant swing and dry slide to open at new Khor Fakkan adventure park


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Khor Fakkan is set for a new attraction dedicated to adventure sports and activities.

The project, which is being built adjacent to the Soueifa mountain overlooking the Luluyah Beach, includes a zip line, giant swing, dry slide, hiking tracks and mountain bike trails.

It is set to be completed by late 2023.

Ahmed Al Qaseer, the acting chief executive of Sharjah Investment and Development Authority (Shurooq), revealed details of the attraction during a live phone call to the Al Khat Al Mubasher radio show on Wednesday.

The project "will bring together entertainment, sports, leisure and adventure at one destination", Al Qaseer said.

Khor Fakkan, an enclave of Sharjah, has been undergoing massive development in the past few years.

Last month, Shurooq announced it had signed an agreement with Marriott International to develop a luxury resort under its Autograph Collection. Set in a 38,000-square-metre development, which will also include a water park as well as 200 residential units, the project is set to be completed in 2024.

Hotels under Marriott's Autograph Collection are usually upscale properties, each with its own distinct character. As of January this year, there are 30 properties in the collection around the world.

A nature-inspired Lux* Al Jabal Resort in Khor Fakkan was also unveiled in November. Located on the slopes of the Soueifa mountain and overlooking the Luluyah Beach, the resort by The Lux Collective, a Singaporean hotel company behind swanky resorts in the Maldives and Mauritius, is scheduled to open in 2023.

An expansion of Khor Fakkan Beach has already begun, which will take it from its present 1.5 kilometre stretch to 2.5km. A number of new restaurants and cafes, a fully equipped gym and a fountain are some of the attractions to be added to the beach, with the expansion scheduled to be completed later this year.

A rendering of the Khor Fakkan beach development. Photo: Shurooq
A rendering of the Khor Fakkan beach development. Photo: Shurooq
The most expensive investment mistake you will ever make

When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.

“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.

This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).

Age

$250 a month

$500 a month

$1,000 a month

25

$640,829

$1,281,657

$2,563,315

35

$303,219

$606,439

$1,212,877

45

$131,596

$263,191

$526,382

55

$44,351

$88,702

$177,403

 

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Rating: 5/5

Updated: July 14, 2022, 3:44 PM