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Tag: Arada

Construction & Real Estate

Arada makes strategic move into healthcare, buys majority stake in Reem Hospital

Arada has acquired a significant controlling stake in Reem Hospital, the Abu Dhabi-based healthcare provider, in a move that marks the master developer's entry into the healthcare sector and accelerates its ambition to build one of the region's most comprehensive integrated wellness ecosystems....

Construction & Real Estate

Arada signs up Parkin to manage parking assets at key Sharjah development

Leading Sharjah developer Arada has signed up Parkin Company, the largest provider of paid public parking facilities in Dubai, as the sole operator at its mega Aljada project. Under this it will manage a mixed portfolio of on‑street, off‑street and building parking assets, including malls and residential buildings. ...

Construction & Real Estate

Arada achieves key safety milestone at $9.5bn Sharjah megacommunity

Leading UAE developer Arada has achieved a major milestone by clocking over 100 million safe man-hours without a lost time injury (LTI) at its AED35 billion ($9.5 billion) Sharjah megacommunity Aljada. Scope of work included residential, retail, hospitality and leisure as well as infrastructure and landscaping. ...

Construction & Real Estate

Arada starts handover of 138 homes at Sharjah mega community

Leading UAE developer Arada has announced that it has begun the handover of 138 new apartments at its AED35 billion ($9.5 billion) Aljada megacommunity in Sharjah, following the completion of construction of the two Il Teatro Residences buildings. ...

Construction & Real Estate

Arada starts handover of first homes at Sharjah lifestyle hub

Leading UAE developer Arada has announced the handover of its first residential homes at Sharjah’s newest lifestyle and hospitality destination - Vida Residences Aljada. A four-building complex, Vida Aljada features 255 branded residences, 149 serviced apartments and 175-key hotel....

Construction & Real Estate

Arada launches fifth phase of Sharjah forest community development

UAE developer Arada has launched sales at Layan, the fifth phase of its landmark Masaar 3 forest community in Sharjah, comprising eight gated neighbourhoods spread over a 21 million sq ft masterplan. Layan will provide a selection of two- to five-bedroom properties. ...

Construction & Real Estate

Arada starts handover of five new residential blocks in Sharjah mega project

UAE developer Arada said it has completed the construction and begun handover of five new residential blocks in Naseej District within its AED35 billion ($9.5 billion) Aljada megacommunity in Sharjah. It comprises 482 apartments with a mix of one- to three-bedroom units along with smart home features....

Construction & Real Estate

Arada awards contract for K-12 school at mega Sharjah project

UAE developer Arada has awarded the main construction contract for a K-12 school at Masaar, its AED9.5 billion ($2.6 billion) forested megaproject in Sharjah. Developed in partnership with Bright Capital Investment, the new Reigate Grammar School is the first branch campus of a UK school in the emirate. ...

Construction & Real Estate

Arada achieves key milestone with Armani Beach Residences unit sale

Leading UAE developer Arada has achieved a key milestone with the sale of a five-bedroom residence at Armani Beach Residences at Palm Jumeirah in Dubai for AED92.5 million ($25 million) to Francis Ngannou, the Cameroonian former UFC heavyweight champion and professional boxer. ...

Construction & Real Estate

Arada awards $555m contracts to build 14 apartment blocks in Aljada

Arada has awarded two contracts for the next set of 2,210 homes in Sharjah’s AED35 billion Aljada megaproject. Collectively valued at AED2.04 billion ($555.48 million), the deals cover main construction activities across 14 residential blocks....

Construction & Real Estate

Arada awards $422m contract for Dubai luxury waterfront destination

Leading UAE developer Arada has awarded the main construction contract worth AED1.55 billion ($422 million) to Engineering Contracting Company for its W Residences at Dubai Harbour project. The scope of work includes development of 490 luxury branded residences across three towers and other amenities. ...

Construction & Real Estate

Arada to open Nest Hotel at Aljada in late December

Arada has announced that booking has now begun at Nest Hotel, the first property in its new lifestyle hospitality brand, ahead of the hotel’s formal opening in late December at Aljada, Sharjah. The 395-room hotel caters to diverse guests, including business and leisure travellers, long-stay visitors, sports groups, and students....

Construction & Real Estate

Arada awards $735m contracts for Sharjah’s woodland megaproject

UAE developer Arada has awarded AED2.7 billion ($735 million) contracts for Masaar 2, a forested megaproject in Sharjah. The scope of work includes construction of 1,997 homes across four phases as well as complete design and supervision work. ...

Construction & Real Estate

Arada awards contract for sports complex at Aljada

Arada, a leading UAE-based developer, has awarded a contract valued at AED145 million ($39.48 million) to build a landscaped sports complex at its AED35 billion Sharjah megaproject Aljada....

Construction & Real Estate

Arada inks construction contract for Rove Aljada complex

Arada has awarded the construction contract for the Rove Aljada hotel cluster, located within the AED35 billion ($9.5 billion) Sharjah megaproject. Spread across four blocks, the hotel and branded residences buildings will be completed by the end of 2027. ...