01 March 2022
UAE-based developer Arada has awarded a major contract to build eight premium apartment buildings in Aljada, the AED24-billion ($6.5-billion) lifestyle megaproject in New Sharjah. The eight Tiraz buildings form part of Naseej District, the new creative neighbourhood at Aljada, and together contain 920 homes.
Valued at AED322 million, the contract was won by Mohammed Abdulmohsen Al-Kharafi & Sons (Al-Kharafi), a reputable Kuwaiti contractor, which had worked with Arada previously on the Nasma Residences project. Work on the Tiraz buildings will start immediately and construction is scheduled to take 18 months to complete.
Featuring a range of studios, one-bedroom and two-bedroom apartments, the Tiraz buildings overlook open courtyards and garden spaces. Smart home features come as standard at all Tiraz apartments, and residents can also enjoy exclusive access to a health club, two swimming pools, children’s play areas and a family barbecue space.
Future construction contracts to be awarded at the Naseej District include deals for the Vida Aljada hotel, residences and serviced apartments complex, the five Sokoon buildings and the Naseej District Museum. All of these contracts are expected to be awarded in 2022.
Ahmed Alkhoshaibi, CEO of Arada, says: “This award to Al-Kharafi shows our continued commitment to delivering high-quality homes at Aljada, which is increasingly becoming one of the region’s most active jobsites with 6,000 units currently under construction. The coming year will be transformational for Aljada, with substantial retail, education, F&B and entertainment assets all nearing completion, alongside thousands of new homes, which will see the community’s population rising significantly as a result.”
Arada has also announced the launch of Nasaq District, a cluster of three upscale apartment buildings at Aljada. Scheduled to be completed in the second quarter of 2024, Nasaq District marks the next phase of development at one of the UAE’s most active jobsites, where more than 6,000 units are currently under construction.
The Nasaq District buildings, which together contain 384 units, are characterised by stylish and contemporary architecture.
Spread over a 24-million-sq-ft area, Aljada is Sharjah’s largest ever project and a transformational destination for the emirate. Home deliveries at the Sharjah megaproject are also gathering pace, with 1,200 units completed in 2021, and at least 30 apartment blocks and a villa community. Several key components of the Aljada masterplan are scheduled to be completed this year, including the third and fourth Misk Apartments buildings, which will be finished this month (March), and the second and final phase of the Sabis International School – Aljada (SIS-Aljada) which will open in August.
Arada says it will also complete the East Village complex of 16 apartment blocks, the Nest student housing community consisting of 12 apartment blocks and the second Sarab villa community at Aljada by the end of 2022.