Arada awards US $108mn contract for apartment buildings within Aljada
Work on Aljada’s Nasaq District to start shortly, featuring 649 homes and diverse lifestyle amenities
Sharjah-based developer Arada has awarded a $108mn contract to Gulf Asia Contracting Company (GAC) for the construction of the Nasaq District, a cluster of six upscale apartment buildings located within its large mixed-use community, Aljada.
Nasaq District will boast 649 homes ranging from one- to three-bedroom apartments – all featuring contemporary architecture – while each block offers residents direct access to Aljada’s tree-lined East Boulevard with its wide variety of shopping and dining experiences. There is also an urban linear park, which includes extensive sporting facilities.
A Dubai-based contractor with extensive civil and industrial construction experience, GAC is already working elsewhere at the Aljada site, after winning a $129mn contract to build the Vida Aljada hotel complex in January.
Construction is set to begin soon on the Nasaq Distict and the entire work schedule is slated to be complete within two years.
Arada Group CEO, Ahmed Alkhoshaibi commented: “We’re determined to keep up the pace of work at Aljada, where 3,200 homes are now under construction, and look forward to working with our partner GAC to bring this vibrant new district to life. Elsewhere on the Aljada jobsite, our teams are now closing in on the completion of the second phase of Madar, the popular family entertainment district, and we look forward to opening new and exciting attractions to the public within the coming months.”
Spread over a 24m sqft, Aljada is Sharjah’s largest-ever project and a transformational destination for the emirate. Aljada contains numerous residential districts, as well as extensive retail, hospitality, entertainment, sporting, educational, healthcare components and a business park, all set within a green urban master plan.
