Developer plans to deliver all homes in Nama Residences over five phases
Arada has begun handing over homes in Phase 2 of its Nasma Residences community in Sharjah. The developer states that the first set of the 184 villas and townhouses in Phase 2 were completed on September 5, and the handover to owners is now underway.
Nasma Residences was launched in March 2017, it features 968 townhouses and villas in total, which are to be delivered over five phases. The firm is on track to handover homes in Phase 3 by the end of the first quarter of 2020, and units in the final two phases by the end of the second quarter of 2020, a statement from Arada said.
“We’ve been stepping up the pace of handovers since we started delivering homes in Phase 1 of Nasma Residences in May. There are now only a limited number of units left for sale at this incredible new community, and we expect to be fully sold out by the end of this year,” said HE Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada.
Spread over five million sqft in the Al Tay suburb, the heart of New Sharjah, Nasma Residences is said to host a wealth of amenities, including a GEMS international school and a 13-acre landscaped park.