Arada awards three contracts for homes in Aljada and Nasma Residences
Phase 1 of Nasma Residences is now 95% complete
Arada has awarded three main construction contracts that will see the delivery of 800 homes across Aljada and Nasma Residences. Construction is scheduled to be complete by the end of 2019.
The contract to build three Areej Apartments blocks within Phase 1 of Aljada was won by Modern Building Contracting Company (MBCC). The buildings will include a total of 366 units. According to a statement, mobilisation is currently taking place onsite, and construction work will begin by the end of the year. The firm began working on the first four Areej Apartment blocks at the end of July of this year.
The contract to build the first three Rehan Apartments blocks, also based within Phase 1 of Aljada, was won by Intermass Engineering & Contracting Company (Intermass). Construction on these three buildings, which will include 234 units, is expected to begin later in December of this year.
Arada also said that Intermass won the main construction contract for Phase 3 of Nasma Residences. 192 villas and townhouses will be built as part of the contract, with work expected to begin onsite at the end of 2019. The same contractor won the package for Phase 1 and split the award for Phase 2 with Klampfer Middle East.
The developer is preparing to hand over its first ever homes, as construction of Phase 1 of Nasma Residences nears completion. The developer says it is on track to deliver keys to the first set of homeowners by the end of this year.
“We are pleased to be confirming the construction of 800 well-designed and expertly built homes for Sharjah, a market where demand for the types of communities Arada is building remains exceptional. These three new contract awards show the rapid pace of progress at both of our projects. In line with our promises to buyers, we are now preparing for the handover of our first homes to buyers at the end of this year,” explained HE Sheikh Sultan bin Ahmed Al Qasimi, chairman of Arada.
