Sharjah’s Arada awards Dh322m contract for 920 homes at Aljada

Sharjah’s Arada awards Dh322m contract for 920 homes at Aljada

Dubai: Sharjah-based developer Arada has awarded a Dh322 million contract to build eight apartment buildings in Aljada, the Dh24 billion mega-project. The eight buildings form part of ‘Naseej District’, a neighbourhood forussed on a younger demographic buyer or future tenants. The builds will house 920 units. The contract was won by Mohammed Abdulmohsen Al-Kharafi & Sons (Al-Kharafi). Work on the buildings is scheduled to take 18 months to complete. Featuring studios, one-bedroom and two-bedroom apartments, the buildings overlook open courtyards and garden spaces. Smart home features come as standard at all the apartments. Upcoming contracts at the Naseej District include deals for the Vida Aljada hotel, residences and serviced apartments complex, the five ‘Sokoon’ buildings and the Naseej District Museum. All of these contracts will be awarded in 2022. “This award to Al-Kharafi shows our continued commitment to delivering high-quality homes at Aljada, which is increasingly becoming one of the region’s most active jobsites with 6,000 units under construction,” said Ahmed Alkhoshaibi, CEO of Arada. “The coming year will be transformational for Aljada, with substantial retail, education, F&B and entertainment assets all nearing completion, alongside thousands of new homes, which will see the community’s population rising significantly as a result.”