01 July 2024

UAE-based developer Arada has awarded two contracts worth AED1.48 billion ($394 million) for the construction of Sequoia and Saro, the final two phases of its mega woodland project Masaar in Sharjah.

Construction work on Sequoia and Saro will begin immediately, with all 1,025 homes expected to be completed by summer 2026. These awards increase the number of homes under construction at Masaar to 2,570, with 430 homes in Masaar’s first phase having been completed at the end of 2023.

The second and third phases of Masaar, Kaya and Robinia, which consist of 986 homes, are scheduled to be completed within the coming months.

Announcing the new contracts, Arada said the first one valued at AED650 million, was awarded to Pivot Engineering & General Contracting, for the construction of 428 homes within the Sequoia phase. The Abu Dhabi-based builder is already working on the construction of residential units at Kaya, the second phase of Masaar.

The second contract worth AED830 million for the mega project’s sixth and final phase, Saro, featuring a total of 597 residential units, was clinched by Sharjah-based contractor Intermass.

Intermass had previously built part of Sendian, the completed first residential phase of Masaar, and is currently working on Robinia, Masaar’s third phase, it added.

Group CEO Ahmed Alkhoshaibi said: “We are thrilled to award these contracts in a timely manner, ensuring that the Masaar community is delivered efficiently and to an exceptional level of quality.”

“Masaar offers a unique, nature-inspired lifestyle that sets it apart from any other community in the UAE, providing residents with a serene and enriching living environment,” he added. 

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