Arada has unveiled Jenna, a new upscale residential complex situated in the AED35 billion ($9.53 billion) Aljada mega community in Sharjah.
Leading UAE developer Arada has announced that it has begun the handover of 138 new apartments at its AED35 billion ($9.5 billion) Aljada megacommunity in Sharjah, following the completion of construction of the two Il Teatro Residences buildings.
UAE developer Arada said it has completed the construction and begun handover of five new residential blocks in Naseej District within its AED35 billion ($9.5 billion) Aljada megacommunity in Sharjah. It comprises 482 apartments with a mix of one- to three-bedroom units along with smart home features.
UAE developer Arada has awarded the main construction contract for a K-12 school at Masaar, its AED9.5 billion ($2.6 billion) forested megaproject in Sharjah. Developed in partnership with Bright Capital Investment, the new Reigate Grammar School is the first branch campus of a UK school in the emirate.
Leading UAE developer Arada has achieved a key milestone with the sale of a five-bedroom residence at Armani Beach Residences at Palm Jumeirah in Dubai for AED92.5 million ($25 million) to Francis Ngannou, the Cameroonian former UFC heavyweight champion and professional boxer.
Arada has awarded two contracts for the next set of 2,210 homes in Sharjah’s AED35 billion Aljada megaproject. Collectively valued at AED2.04 billion ($555.48 million), the deals cover main construction activities across 14 residential blocks.
Leading UAE developer Arada has awarded the main construction contract worth AED1.55 billion ($422 million) to Engineering Contracting Company for its W Residences at Dubai Harbour project. The scope of work includes development of 490 luxury branded residences across three towers and other amenities.
UAE developer Arada has awarded AED2.7 billion ($735 million) contracts for Masaar 2, a forested megaproject in Sharjah. The scope of work includes construction of 1,997 homes across four phases as well as complete design and supervision work.
Arada has announced that booking has now begun at Nest Hotel, the first property in its new lifestyle hospitality brand, ahead of the hotel’s formal opening in late December at Aljada, Sharjah. The 395-room hotel caters to diverse guests, including business and leisure travellers, long-stay visitors, sports groups, and students.
Arada, the UAE’s fastest-growing master developer, has agreed to acquire an 80% stake in Thameside West, a landmark waterfront mixed-use development located at the western end of London’s Royal Docks.