Arada reports 46% rise in sales in 2022 to reach US $955.5mn

Property

Arada reports 46% rise in sales in 2022 to reach US $955.5mn

Arada has reported a 46% rise in sales during 2022 to US $955.5mn off the back of a surge in the UAE...

Construction

Arada awards $129mn contract for Vida Aljada Hotel Complex to GAC

Arada has awarded a US $129.3mn contract to build the four buildings of the Vida Aljada Hotel Complex, which is located within...

Construction

Arada completes work on US$190.5m Nest in Aljada

Arada has announced the completion of Nest, a premium purpose-built housing cluster in Aljada, the Sharjah-based lifestyle community. In a statement, Arada...

Construction

Arada awards two contracts worth $255m for 986 homes at Masaar

Arada, the Sharjah-based master developer, has said that it has awarded two major contracts together totalling US$255.6 million to build 986 new...

Construction

Arada completes third and final phase of Aljada Skate Park

Arada has announced that the third and final phase of its Aljada Skate Park, billed as the largest facility of its kind...

Property

Arada enters Dubai real estate market with launch of Jouri Hills

Sharjah developer Arada has entered the Dubai real estate market with a new luxury villa project. ‘Jouri Hills’ is said to be...

Financial

Arada closes $100mn tap of Sukuk issuance

Developer Arada has successfully closed a US $100mn tap of its existing $350mn sukuk, which was issued in June and listed on...

Construction

Arada awards $124mn in contracts to Airolink for development of Aljada homes

Two major contracts worth $124mn have been awarded by Sharjah-based developer Arada to Airolink Building Contracting. The deal will see the construction...