Emaar teams up with Arada to launch Vida Residences Aljada phase one units sale
Aljada is set to be Sharjah’s largest ever mixed-use destination and a new leisure and entertainment hub for the emirate
Emaar Hospitality and UAE-based developer Arada have officially launched the first phase of off-plan sales for Vida Residences Aljada, marking Vida’s entry into Sharjah’s branded residences space.
Vida Residences Aljada will also be Sharjah’s first ever branded residences, consisting of over 250 apartments with one-, two-, and three-bedroom branded apartments, and penthouses. Owned and developed by Arada, and operated by Vida Hotels and Resorts, the first phase of sales will include 168 apartments in the first of two Vida Residences Aljada buildings.
Construction on Vida Residences Aljada and the adjacent Vida Aljada hotel will commence in the second quarter of 2021 and is set to be completed by the end of the second quarter of 2023.
HE Sheikh Sultan bin Ahmed Al Qasimi, chairman of Arada, said: “The introduction of Sharjah’s first branded residences and our partnership with Emaar Hospitality Group is yet more evidence of our determination to bring high-quality partnerships and competencies to Aljada.”
“Vida Residences Aljada buyers will benefit from not only from exceptional amenities and the perfect design and location, but also from the world-class service for which the Vida brand is renowned,” he added.
Commenting on the launch of Vida Residences Aljada, Mohamed Alabbar, founder of Emaar, said: “Aljada is an ambitious master-planned destination that will catalyse all sectors of the economy, and Arada is redefining the residential and commercial landscape of Sharjah. This is a great example of the collaborations we foster to create iconic destinations of the future.”
He added that their hotel brands have set a high industry standard and Vida Residences Aljada will be a valued addition to Aljada.
“I am very proud of the partnership we have created to bring such experiences for visitors, residents and tourists alike,” Alabbar stated.
Vida Residences Aljada takes focus on bold, modern social spaces in line with its sister properties in Dubai and the Vida Hotels and Resorts brand. At more than two million sqm. in size, Aljada is set to be Sharjah’s largest ever mixed-use destination and a new leisure and entertainment hub for the emirate.
