Arada announces three contracts for 800 homes in Sharjah projects

WCN Editorial Team 11 Dec 2018 MIDDLE EAST BUILDINGS

UAE-based real estate developer Arada has awarded three construction contracts at its two projects in Sharjah, Aljada and Nasma Residences, which together will involve the construction of 800 new homes.

All three contracts are scheduled to be completed by the end of 2019.

At Aljada, the 24 million ft² project in Sharjah, the contract to build three Areej Apartments blocks was won by Modern Building Contracting (MBCC).

Based within Phase 1, the buildings will include 366 units. The company has taken up mobilisation onsite and construction will begin by the end of 2018.

The firm has already begun work on the first four Areej Apartment blocks, where construction began at the end of July.

The contract to build the first three Rehan Apartments blocks, also based within Phase 1 of Aljada, was won by Intermass Engineering & Contracting (Intermass). Construction on the three buildings, which will include 234 units, is expected to begin in December 2018.

Intermass has also won the main construction contract for Phase 3 of Nasma Residences, which consists of 192 villas and townhouses, and is expected to start work onsite by the end of 2019.

The company won the package for Phase 1 and split the award for Phase 2 with Klampfer Middle East.

Arada is also preparing to hand over its first homes of Phase 1 of Nasma Residences to homeowners by the end of 2018.

Arada chairman Sheikh Sultan bin Ahmed Al Qasimi said: “We are pleased to be confirming the construction of 800 well-designed and expertly built homes for Sharjah, a market where demand for the types of communities Arada is building remains exceptional.

“These three new contract awards show the rapid pace of progress at both of our projects.

“In line with our promises to buyers, we are now preparing for the handover of our first homes to buyers at the end of this year.”

In September, the first Aljada infrastructure contract was awarded to BICC Contracting, and the final masterplan design of the Central Hub was also unveiled.

Zaha Hadid Architects has designed the Central Hub, a new leisure and entertainment destination for the UAE.

Launched in September 2017, Aljada is the largest mixed-use community in the Emirates. To be delivered in phases starting in 2019, the project is expected to be completed by 2025.

Launched in March 2017, Nasma Residences features more than 800 villas and townhouses, as well as amenities, including a GEMS international school. Nasma Residences is scheduled to be completed by the end of 2019.

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Image: Arada announces three contracts for 800 homes in Sharjah projects. Photo: Courtesy of Arada Developments LLC.

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