Arada awards two contracts to build 986 homes at Sharjah’s forest community, Masaar

  • Date: 20-Dec-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Arada awards two contracts to build 986 homes at Sharjah’s forest community, Masaar

SHARJAH: Arada has awarded two major contracts together totalling AED939 million to build 986 new homes across two residential districts at Masaar, Sharjah’s woodland megaproject. Valued at AED8 billion and containing 4,000 homes spread over seven gated districts, Masaar features a nature-inspired master plan containing more than 50,000 trees.

Valued at AED401 million, the contract to build 421 villas and town-houses in Masaar’s second residential phase, Kaya, was won by Pivot Engineering & General Contracting, an Abu Dhabi-based firm with more than 44 years’ experience in the local market. Construction on Kaya will begin immediately and is scheduled to take 18 months.

Valued at AED538 million, the contract to build 565 villas and townhouses in Robinia, Masaar’s third residential phase, was awarded to Intermass, a well-established Sharjah-based contractor that is already at work on the Masaar jobsite building part of the first residential phase, Sendian. Intermass has also worked with Arada on two of its other projects, Nasma Residences and Aljada. Construction on Robinia will begin immediately and is scheduled to take 17 months.

Ahmed Alkhoshaibi, Group CEO of Arada, said: “These two awards signal our determination to push forward rapidly with construction at Masaar, where we are seeing sales demand accelerate thanks