01 July 2020
UAE-based developer Arada says it has begun the handover process for homes in Phase Three of Nasma Residences, the developer’s premier community spread over a 5-million-sq-ft area in the heart of New Sharjah.
Phase Three at Nasma Residences consists of 197 villas and townhouses, including semi-detached villas and Signature Villas, as well as the Sama Majlis Villa, a four-bedroom home with an open-air majlis based on an upstairs terrace, which is a new offering for the Sharjah market, says the developer.
Work on Phase Three of Nasma Residences began in December 2018, with 103 homes in this part of the project already finished. The remaining units were due to be completed by the end of last month.
Chairman Sheikh Sultan bin Ahmed Al Qasimi says: “It is a particular source of pride that we have been able to hand over these homes during a challenging period for the real estate industry and the wider community generally. Arada has worked hard to deliver on our commitments to customers while at the same time maintaining the health and safety of both our employees and our contractors’ workforces onsite. We are now focused on delivering the remaining two phases in this remarkable community by the end of this year.”
According to him, Nasma Residences became Sharjah’s fastest-selling community when its first phase sold out within a month.
Launched in March 2017, the project features 993 townhouses and villas in total, delivered over five phases. Arada began delivering homes in May 2019 and is on track to hand over the remaining two phases of the project by the end of 2020.
Located at Al Tay suburb in the heart of New Sharjah, Nasma Residences offers a wealth of amenities, including a Gems international school and a 13-acre landscaped park.
Nasma Central, the project’s community and retail hub, features 44,000 sq ft of leasable space and will play host to a range of brands, including Starbucks and leading regional supermarket chain Spinneys when it opens to the public later on this year.