Arada awards contract to build Vida Aljada hotel complex in Sharjah

  • Date: 13-Jan-2023
  • Source: GCC Business News
  • Sector:Tourism
  • Country:UAE
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Arada awards contract to build Vida Aljada hotel complex in Sharjah

Sharjah-based master developer, Arada has awarded a major contract to build the four buildings in the Vida Aljada hotel complex, which is located at the Aljada megaproject in the emirate.

The company said in a statement that the contract will result in the construction of the 175-room Vida Aljada hotel, as well as 255 branded residences and 149 branded serviced apartments.

Valued at $129 million (AED475 million), the contract to build the four buildings was awarded to Gulf Asia Contracting Company (GAC), a Dubai-based contractor with extensive civil and industrial construction experience across the UAE, Saudi Arabia, and Qatar.

Ahmed Alkhoshaibi

CEO – Arada “We are confident that Vida Aljada and the further properties we are building in partnership with Emaar Hospitality will set a new benchmark for hospitality in Sharjah, significantly strengthening the tourism sector and adding value to the local economy. This is a major step forward in our mission to provide a world-class lifestyle and facilities for residents and visitors to the Emirate’s most exciting new destination. We have already witnessed extremely strong demand for this complex’s branded residences and serviced apartments, and we look forward to bringing the style, experiences, and quality for which the Vida brand is well known