Sharjah's Arada awards contracts worth Dhs460m to build Masaar's residential phase
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Sharjah’s Arada awards contracts worth Dhs460m to build Masaar’s residential phase

Sharjah’s Arada awards contracts worth Dhs460m to build Masaar’s residential phase

Featuring 4,000 villas and townhouses, Masaar is divided into eight gated districts

Masaar

Sharjah real estate developer Arada has awarded two contracts, totalling Dhs460m, to build the first residential district at Masaar, Sharjah’s forested megaproject.

Featuring 4,000 villas and townhouses, Masaar is divided into eight gated districts.

The contract to build 142 villas in the Sendian district of Masaar, valued at Dhs228m, was won by Kuwait’s Mohammed Abdulmohsen Al-Kharafi & Sons. Meanwhile, valued at Dhs232m, the second contract to build the remaining 288 homes in Sendian was won by Intermass, a Sharjah-based contractor. Construction on both contracts will begin immediately, with work scheduled to take 14 months to complete.

Homes at Sendian range from two-bedroom townhouses to five-bedroom Sendian Park Villas. Every unit has standard smart home features and is located close to the leisure and entertainment zone in the heart of Masaar. All homes in Sendian are sold out.

Masaar’s second phase, Kaya, was launched for sale in October 2021. The opening of the Masaar Experience Centre and its surrounding precinct is anticipated in June. When finished, the space will include a children’s adventure playground, a skate park and an outdoor amphitheatre.

Ahmed Alkhoshaibi, Group CEO of Arada, said, “Masaar has been the bestselling off-plan project in Sharjah since its launch in early 2021 and excitement has been growing about the incredible amenities and upgraded lifestyle that this community will introduce. These contracts are a key moment in Masaar’s journey to completion, and we have agreed an accelerated construction programme with the contractor to deliver Sendian rapidly, efficiently and to an exceptional level of quality.”

In November of last year, Arada had awarded the first two contracts for Masaar, the 19 million sqft mega community based in the Suyoh district of Sharjah.

Read: Sharjah’s Arada awards first two contracts for Dhs8bn Masaar project

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