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Arada awards two building contracts valued at Dhs454m in Sharjah’s Aljada project

The company said it has completed almost 1,500 homes at Aljada, including all 14 apartment blocks and a garden villa community in the first residential phase of the community

by Gulf Business

October 5, 2022

Property development company Arada has awarded two major contracts for its Aljada project in Sharjah.

The contracts have been awarded to build nine premium apartment blocks in the 24 million square foot mixed-use megaproject located in the emirate’s Muwaileh area.

Consisting of 740 homes, the buildings include the five Sokoon blocks, two new apartment blocks located close to Aljada’s museum and the two Gate buildings, where almost 7,000 units are currently under construction.

Valued at Dhs377m, the contract to build the five Sokoon apartment buildings and the two apartment blocks located next to the museum has been awarded to Airolink Building Contracting.

Work on the Sokoon buildings, which consist of 482 homes, and the museum-facing buildings, which are yet to be launched for sale and consist of 138 homes, will begin immediately and is scheduled to be completed in 20 months.

Both sets of buildings are based in the Naseej District, Aljada’s cultural neighbourhood.

The contract to build The Gate, which consists of two apartment buildings located at the entrance of Aljada, was also won by Airolink Building Contracting. The contract is valued at Dhs77m. Construction work on the 120 homes in The Gate will also begin immediately and will take 16 months to be completed.

Ahmed Alkhoshaibi, group CEO of Arada, said, “Sharjah’s most exciting new master development is now growing at an incredible pace, and we’re working hard towards reaching our goal of completing 5,000 homes during 2022.”

The company said it has completed almost 1,500 homes at Aljada, including all 14 apartment blocks and a garden villa community in the first residential phase of the community, as well as both phases of SABIS International School-Aljada (SIS-Aljada).

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 are also scheduled to be completed before the end of the year.