Real Estate Arada completes over 1,600 new homes in Sharjah megaproject By Pramod Kumar February 1, 2023, 5:33 AM Arada Hime inspections will shortly begin at the 968 homes 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 buildings, the Link 1-3 buildings and the Solo 1-2 buildings, which were completed at the end of last year. Thus, the total number of homes finalised at Aljada reached 3,833 in 2022. A further 653 homes have just been completed in the Solo 3-4, Link 4-5 and Riff 4-5 buildings, with home inspections due to commence shortly. Ahmed Alkhoshaibi, group CEO of Arada, said: “This year will be another transformative one for Aljada, with more sections of the master plan coming to life in the coming months. “Our goal for 2023 is to complete 2,500 homes at Aljada, as well as the second phase of the Madar family entertainment district, which includes Sharjah’s largest fitness centre. We will also be opening extensive retail and dining spaces in several locations along Aljada’s East Boulevard.” The completion of the first homes in East Village comes shortly after Arada announced the completion of all 2,473 fully furnished units in the Nest student housing community in December 2022. In total, 5,690 homes have now been completed at Aljada, amounting to 20 percent of the master plan. Another 3,200 homes are currently under construction at the megaproject. The remaining two buildings at East Village and the three Boulevard buildings will be finished in the coming weeks.
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