Sharjah’s Arada unveils ‘Arada Central Business District’ at Aljada

  • Date: 26-Sep-2022
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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Sharjah’s Arada unveils ‘Arada Central Business District’ at Aljada

Sharjah-based property development company Arada has launched Arada Central Business District (CBD), a new commercial center for Sharjah, which will be located at the heart of the Aljada community.

Spread over 4.3 million square feet of prime leasable space located in 40 smart office blocks, Arada CBD can accommodate 20,000 workers, fulfilling the substantial demand for a contemporary business district in Sharjah and catering to the needs of the future workplace for companies across the UAE and beyond.

The launch of Arada CBD complements the ongoing growth of the Sharjah economy, which is projected to grow at 5 percent annually for the medium term, according to Oxford Economics.

HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Chairman of Arada, said that, “Arada CBD is aligned with Sharjah’s vision to position itself as a leading business hub, attracting companies of all sizes and talents from across the UAE and beyond. The launch of Arada CBD fulfills our promise to provide a transformational urban experience where residents can work, live and play.”

Ahmed Alkhoshaibi

CEO – Arada “We are confident Arada CBD will unlock growth opportunities for companies in Sharjah and will encourage corporates and SMEs to expand and relocate to the Emirate, consequently redefining the