Aljada community

Developer Arada secures financing to support construction of Sharjah mega project

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Date: 31/01/2022 Ajman Bank has signed a financing agreement with developer Arada that will provide AED152 million ($41.3 million) to finance the construction of two key projects within its Aljada mixed-use community, Sharjah’s largest ever mega-project. The arrangement has resulted in the provision of AED37 million in financing for a villa complex within the Aljada […]

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Arada achieves one billion and 100 AED of resi. units in Aljada

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Date: Nov 11, 2021 At Cityscape Global, Arada, real estate development company, announced four new projects in Aljada. The projects are “The Gate”, located near the entrance of Aljada, “Vida Residence Aljada”, “The Boulevard 3”, and “Sokoon 4”. In exclusive statements to “Sharjah 24” Hisham Saeed Al Khattab, Director of Government Relations Department at Arada, […]

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Arada to award Aljada Phase 3, student housing contract in 2020

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Sharjah-based real estate developer Arada is planning to award more construction contracts within its $6.5bn (AED24bn) Aljada mixed-use community in Muwaileh, before the end of 2020. These contracts will be awarded to build its 3.5ha smart city-style student accommodation complex called Nest, which has a $190.6m (AED700m) sales value; in addition to Phase 3 of the megaproject. In March […]

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Arada hands out Phase 2 infrastructure contracts to support new communities at Sharjah megaproject Aljada

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Arada has announced the latest in a series of construction contracts at Aljada, the AED24 billion mixed-use community in the heart of New Sharjah. The developer awarded the AED102 million contract to build Phase 2 infrastructure works to support a number of different communities within Aljada to Al Marwan General Contracting Company, a well-known Sharjah-based contractor […]

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Arada launches new luxury garden community at Aljada

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Arada has announced the launch of a new premium garden villa community at Aljada, the 24 million square foot mixed-use destination in the heart of New Sharjah. Featuring 114 villas and townhouses set in a lushly landscaped and exclusive neighbourhood, homes in Sarab 2 will be available for sale from Monday 10 August onwards. With […]

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