Gulf Construction Online - First two deals inked for $2.2bn Masaar project

Contractors

Masaar, a 19-million-sq-ft mega community, boasts 4,000 villa and townhouses set in eight gated communities.

First two deals inked for $2.2bn Masaar project

01 June 2021

UAE developer Arada has awarded the first two contracts for Masaar, a 19 million-sq-ft mega community coming up in the Suyoh district of Sharjah. These include a deal awarded to contracting company ASGC Construction to build the Masaar Experience Centre and the show villa.

Launched this January, the AED8-billion ($2.2 billion) Masaar development boasts 4,000 villa and townhouses set in eight gated communities, all located in a forested and nature-filled master plan.

The second contract for infrastructure design and supervision consultancy services at Masaar was awarded to US engineering consultancy Parsons Overseas. Under this deal, Parsons will oversee all aspects of infrastructure delivery of the project including roads, water, power and drainage, ensuring full integration with the overall masterplan.

On the ASGC’s scope of work, Arada says construction will begin immediately on the Masaar Experience Centre and is scheduled to be completed in six months. As part of the same contract, Masaar’s first property, a five-bedroom show villa in the Sendian district of the community, will also be built and completed by the year-end.

Lying at the heart of the masterplan, the Masaar Experience Centre will provide visitors and future residents with a glimpse of what life in the community will be like when it is complete. Its minimal design language reflects the architecture of Masaar while the transparency of the façade creates a dialogue between the interior spaces and the lush green landscape that embraces the building, says Arada.

Chairman Sheikh Sultan bin Ahmed Al Qasimi says: “This is a landmark moment in our journey at Masaar, a project that has been designed to set a new standard of living, not just for Sharjah but for residential communities throughout the region. We have witnessed strong demand for properties within the first phase of Masaar, in line with the robust performance of Sharjah’s real estate sector during the first five months of this year.”

Masaar (path in Arabic) is ideally located in the up-and-coming Suyoh district, close to Tilal City, the Sharjah Mosque and Arada’s first project, Nasma Residences. It has been carefully designed to enable its residents to transform their lives by encouraging healthy living in harmony with nature. Featuring over 50,000 trees, its signature feature is a lushly landscaped and walkable ‘green spine’ that will be activated by footpaths, cycle tracks, passive zones and a range of different sporting facilities.

Sales for the 445 homes in the first district of Masaar, Sendian, began in January, and Arada says it remains on schedule to launch the second phase of sales by the end of this year.

Ranging in size from two-bedroom townhouses to five-bedroom Sendian Park Villas, every unit has smart home features as standard and all are located close to the leisure and entertainment zone in the heart of Masaar. The first homes in Sendian are scheduled to be completed in the first quarter of 2023.