Arada reaches major milestone at Aljada as handover process for first homes kicks off

210 homes in the three Rehan Apartment buildings are now completed

  
Arada reaches major milestone at Aljada as handover process for first homes kicks off

Arada has announced the completion of the first homes at Aljada, a landmark moment at the AED24 billion lifestyle megaproject. Owners of the 210 units in the three Rehan Apartments buildings have been notified that the handover process for their homes has now begun, making them the first residents to move into an exciting and progressive urban destination that will have an eventual population of more than 70,000.

HE Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada, said: “This is a significant moment in the history of Arada and an important stage in our mission to provide a truly transformational project for Sharjah.

“As we move forward into the new year, an exciting calendar of events plus a series of additions to the entertainment facilities on offer will ensure that Aljada becomes an even more desirable location for both residents and visitors.”

HRH Prince Khaled bin Alwaleed bin Talal, Vice Chairman of Arada, said: “We are dedicated to creating a higher standard of living for those who choose to invest or live in Arada’s projects, which is why the first residents to move into Aljada will find themselves part of a thriving and active district that is already a well-established part of the Sharjah community.

“By the end of 2021, we anticipate that this destination will be home to around 8,000 people, making Aljada one of the fastest-growing residential communities in the UAE”.

Ideally located within the heart of the Aljada master plan, the three Rehan Apartments blocks are within walking distance from popular family destination Madar and Naseej District, a new creative neighbourhood for Sharjah. Featuring studios, one bedroom and two bedroom apartments, construction on the three Rehan Apartments blocks began in April 2019.

The announcement marks the start of a steady roll-out of around 3,500 unit handovers at Sharjah’s largest real estate project during the course of 2021. Following the completion of the Rehan Apartments buildings, the 621 homes in the seven Areej Apartments buildings will be delivered in February, while owners of 101 villas and townhouses in the Sarab garden community will receive their keys in May. Handovers for the 554 units in the four luxury Misk Apartments buildings will start in June. 

In August, the first phase of the SABIS International School – Aljada will be completed in time for the new school year to start in September. By the end of 2021, Arada will also deliver the 2,000 homes in the second residential phase of Aljada, East Village.

Spread over a 24 million square foot area, Aljada is ideally located on the last large plot of land in the heart of New Sharjah. Aljada contains numerous residential districts, as well as extensive retail, hospitality, entertainment, sporting, educational and healthcare components, all set within a green urban master plan.

Madar at Aljada, a new family entertainment destination designed by Zaha Hadid Architects, was the first part of the megaproject to be completed in February 2020, and has already welcomed over 850,000 visitors.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases