Company Insights Arada Real Estate Arada News Real Estate Arada completes over 1,600 new homes in Sharjah megaproject UAE-based developer Arada has completed 1,621 apartments across 14 buildings in East Village, the third residential phase in its AED24 billion Sharjah megaproject Aljada. Featuring 2,000 units in total, East Village is targeted at the younger generation and comprises 16 apartment blocks. Home inspections will shortly begin at the 968 homes in the Riff 1-3 […] February 1, 2023 Construction Arada awards $129m contract to build Vida Aljada hotel complex UAE real estate developer Arada has awarded an AED475 million ($129.32 million) construction contract for the four buildings in the Vida Aljada hotel complex in its Aljada megaproject in Sharjah. The contract will see the construction of the 175-room Vida Aljada hotel, as well as 255 branded residences and 149 branded serviced apartments, which will […] January 13, 2023 Construction Arada awards $256m contracts to build 986 new homes in Masaar Sharjah-based real estate developer Arada has awarded two contracts worth AED 939 million ($255.66 million) to build 986 new homes across two residential districts in AED 8 billion Masaar mega project. The first contract, valued at AED 401 million, was awarded to Abu Dhabi-based Pivot Engineering & General Contracting to build 421 villas and townhouses […] December 19, 2022 Analysis Real Estate Dubai tenants jump on property ladder as rents soar Dubai has seen an increase in end-user homeowners as its property market matures and begins to move away from the speculators and flippers of the boom days before 2008. Surging rental rates and expats opting to live in the UAE longer have also made the jump from tenant to homeowner increasingly more attractive, industry experts […] October 21, 2022 Construction Arada awards $124m contracts for 740 homes in Sharjah UAE-based developer Arada has awarded two major contracts worth AED 454 million ($124 million) to build 740 new homes in the 24 million square foot Aljada mega-project in new Sharjah. The two contracts were awarded to Dubai-based Airolink Building Contracting, the developer said in a statement. The first contract worth AED 377 million is to build […] October 5, 2022 Analysis Economy Sharjah has world’s second-largest growth of millionaires Sharjah recorded the second-largest increase in millionaires in the first half of this year, as the Gulf claimed five of the top ten hotspots. The total number of millionaires residing in the emirate is now 3,700, up 20 percent from December. Riyadh, the Saudi Arabian capital, tops the list with 17,200, also up 20 percent. […] September 14, 2022 Posts navigation Previous 1 2 3
Real Estate Arada completes over 1,600 new homes in Sharjah megaproject UAE-based developer Arada has completed 1,621 apartments across 14 buildings in East Village, the third residential phase in its AED24 billion Sharjah megaproject Aljada. Featuring 2,000 units in total, East Village is targeted at the younger generation and comprises 16 apartment blocks. Home inspections will shortly begin at the 968 homes in the Riff 1-3 […] February 1, 2023
Construction Arada awards $129m contract to build Vida Aljada hotel complex UAE real estate developer Arada has awarded an AED475 million ($129.32 million) construction contract for the four buildings in the Vida Aljada hotel complex in its Aljada megaproject in Sharjah. The contract will see the construction of the 175-room Vida Aljada hotel, as well as 255 branded residences and 149 branded serviced apartments, which will […] January 13, 2023
Construction Arada awards $256m contracts to build 986 new homes in Masaar Sharjah-based real estate developer Arada has awarded two contracts worth AED 939 million ($255.66 million) to build 986 new homes across two residential districts in AED 8 billion Masaar mega project. The first contract, valued at AED 401 million, was awarded to Abu Dhabi-based Pivot Engineering & General Contracting to build 421 villas and townhouses […] December 19, 2022
Analysis Real Estate Dubai tenants jump on property ladder as rents soar Dubai has seen an increase in end-user homeowners as its property market matures and begins to move away from the speculators and flippers of the boom days before 2008. Surging rental rates and expats opting to live in the UAE longer have also made the jump from tenant to homeowner increasingly more attractive, industry experts […] October 21, 2022
Construction Arada awards $124m contracts for 740 homes in Sharjah UAE-based developer Arada has awarded two major contracts worth AED 454 million ($124 million) to build 740 new homes in the 24 million square foot Aljada mega-project in new Sharjah. The two contracts were awarded to Dubai-based Airolink Building Contracting, the developer said in a statement. The first contract worth AED 377 million is to build […] October 5, 2022
Analysis Economy Sharjah has world’s second-largest growth of millionaires Sharjah recorded the second-largest increase in millionaires in the first half of this year, as the Gulf claimed five of the top ten hotspots. The total number of millionaires residing in the emirate is now 3,700, up 20 percent from December. Riyadh, the Saudi Arabian capital, tops the list with 17,200, also up 20 percent. […] September 14, 2022
