Tag: Arada

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. ...