Home Industry Construction Sharjah’s Arada awards Dhs475m contract to build Vida Aljada hotel complex The contract to build the four-building complex was awarded to a Dubai-based company with civil and industrial construction experience by Gulf Business January 14, 2023 Follow us Follow on Google News Follow on Facebook Follow on Instagram Follow on X Follow on LinkedIn Arada has awarded a major contract to build the four buildings in the Vida Aljada hotel complex, located at the Aljada megaproject in Sharjah. The contract will enable the construction of the 175-room Vida Aljada hotel, as well as 255 branded residences and 149 branded serviced apartments, all of which are based in Aljada’s cultural district. Valued at Dhs475m, the contract to build the four buildings was awarded to Gulf Asia Contracting Company (GAC), a Dubai-based contractor with extensive civil and industrial construction experience across the UAE, Saudi Arabia and Qatar. Work on the Vida Aljada complex will begin immediately and is scheduled to take 30 months. Owned and developed by Arada and operated by Vida Hotels & Resorts, the Vida Aljada is the first of three Emaar Hospitality properties that will be built at Aljada, which include The Address Aljada and Rove Aljada. Arada has awarded a contract valued at AED475 million to build the Vida Aljada hotel complex. These four buildings contain a 175-room hotel, 255 branded residences and 149 serviced apartments, and will set a new standard of hospitality for Sharjahhttps://t.co/HsgjizrL29 — Arada (@AradaLiving) January 12, 2023 Ahmed Alkhoshaibi, group CEO of Arada, said, “We are confident that Vida Aljada and the further properties we are building in partnership with Emaar Hospitality will set a new benchmark for hospitality in Sharjah, significantly strengthening the tourism sector and adding value to the local economy. “This is a major step forward in our mission to provide a world-class lifestyle and facilities for residents and visitors to the Emirate’s most exciting new destination. We have already witnessed extremely strong demand for this complex’s branded residences and serviced apartments, and we look forward to bringing the style, experiences and quality for which the Vida brand is well known to Aljada.” Located in the Dhs24bn Aljada master community, the Vida Aljada complex is set along a lush green tree-lined boulevard that contains multiple shopping and dining experiences. The four buildings form part of Naseej District, a new cultural neighbourhood. Tags Arada Construction Hospitality Real Estate Sharjah Vida Hotels & Resorts 0 Comments You might also like AlUla Development Company CEO Fabien Toscano on developing the destination with purpose 6,700 millionaires relocated to the UAE in 2024, report reveals Sobha raises $500m in oversubscribed sukuk offering; launches flagship app Aldar sells Mamsha Gardens bldg to Hong Kong’s Gaw Capital for Dhs586m