Developer ARADA has announced the launch of a new type of property, the Sama Majlis Villa, at its record-breaking Nasma Residences community in the heart of New Sharjah.
The news comes as the UAE developer confirmed that construction work at the project’s first phase is 20 percent complete, and that ARADA is on schedule to deliver its first homes to buyers by the end of this year.
The Sama Majlis Villa is a four-bedroom independent property with an open-air majlis based on an upstairs terrace, in a first for the Sharjah market. Other units on sale at Nasma Residences include two-, three- and four-bedroom townhouses and semi-detached villas, and four- and five-bedroom signature villas.
The Sama Majlis Villa is being sold in phase 3 of Nasma Residences, an 800 villa and townhouse community.
Launched in March 2017, Nasma Residences sold out the first of the community’s five phases in less than a month, making it the fastest-selling residential real estate project in Sharjah.
ARADA said it expects to award the contract for phase 3 in May, with the entire community scheduled to be completed by the end of 2019.
Sheikh Sultan bin Ahmed Al Qasimi, chairman of ARADA, said: “With construction work on the first phase of Nasma Residences already a fifth complete, we are on course to deliver ARADA’s first homes by the end of this year. The introduction of the Sama Majlis Villa also shows our intention to provide a wide portfolio of beautifully designed homes for both investors and end-users.”
Spread over an area of 5 million sq ft, Nasma Residences will be anchored by a 13-acre park with cycling and jogging tracks and large play areas; a multi-purpose community centre with club house offering sports and recreation facilities; children’s nursery and full-service medical clinic; a GEMS international school; and Nasma Square, a 70,000 sq ft mall.
The price of homes start from AED1 million.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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