Developer Arada has awarded a major contract to build eight premium apartment buildings in Aljada, the AED24 billion lifestyle mega project in Sharjah.
The eight Tiraz buildings form part of Naseej District, the new creative neighbourhood at Aljada, featuring 920 homes.
Valued at AED322 million ($88 million), the contract was won by Mohammed Abdulmohsen Al-Kharafi & Sons, a statement said.
It added that 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.
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 will be awarded in 2022.
Ahmed Alkhoshaibi, CEO of Arada, said: “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 job sites 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.”
Several key components of the Aljada master plan are scheduled to be completed this year, including the third and fourth Misk Apartments buildings, which will be finished in March, and the second and final phase of the SABIS International School – Aljada, which will open in August.
Arada said 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 during 2022.
In 2021, Arada completed 1,200 homes at Aljada, including 12 apartment blocks and the first Sarab villa community and the first phase of SIS-Aljada.
Spread over a 24 million square foot area, Aljada is Sharjah’s largest ever project.
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