Arada launches community for GenNext
01 May 2018
Arada, the UAE’s newest developer, has announced the launch of East Village – a new creative residential community targeting the younger generation – at the $6.3-billion Aljada, a 24-million-sq-ft mixed-use lifestyle destination located on the last large plot of undeveloped land in the heart of Sharjah.
An urban focal point for creativity and culture, East Village will be home to students, singles and young couples, as well as those entering the jobs market for the first time.
East Village is located close to both Aljada’s Business Park, a commercial hub featuring 500,000 sq m of office space that will welcome both multinationals and small and medium enterprises (SMEs) within a modern and welcoming environment, as well as University City, one of the Middle East’s largest education complexes.
Consisting of 15 buildings, each of which houses roughly 150 units, East Village features a range of studios and one-bedroom apartments with varying sizes and floorplans to suit the specific needs of end-users.
Simultaneously, Arada has announced that enabling work on Aljada is now under way, following a ground-breaking ceremony attended by Sheikh Sultan bin Ahmed Al Qasimi, chairman of Arada, and Prince Khaled bin Alwaleed bin Talal AlSaud, vice chairman of Arada.
The first phase of Aljada is on schedule to be handed over to homeowners by the end of 2019.
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