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Arada launches sale of three residential community projects

SHARJAH, November 9, 2021

UAE-based developer Arada has launched the sales for three new upscale projects at Aljada - the transformational destination spread over 24 million sq ft area in New Sharjah - at the Cityscape Global which opened today (November 9) in Dubai.  
 
At the event, Arada is also showcasing its forested Masaar community, which contains eight gated districts all linked by a ‘green spine’ containing 50,000 trees. 
 
Arada pointed out that the series of launches are further evidence of progress at Aljada, where 5,000 units are currently under construction, and where more than 1,200 homes have already been completed so far this year.  
 
Vice Chairman Prince Khaled bin Alwaleed bin Talal said: "We are fortunate to operate in an extremely favourable environment in which to operate and do business. Sharjah’s real estate market has witnessed a consistent increase in demand year on year and has also successfully weathered the pandemic with impactful government measures and effective infrastructure spending."
 
"This has in turn led to improved investor confidence, to the benefit of developers such as Arada," he added.
 
The key highlight of the launches is The Gate community, a two-building complex that is situated at the main entrance of Aljada, with easy access to Sheikh Mohammed Bin Zayed Road. 
 
Off-plan sales for 120 apartments within The Gate buildings has started, with a variety of premium one-bedroom, two-bedroom and three-bedroom apartments on offer.
 
CEO Ahmed Alkhoshaibi said: "We are particularly excited about launching The Gate, which will provide an impressive entry point into Aljada. Buyers will also benefit from the modern design and smart home capabilities, in addition to the opportunity to own a prime property in one of the best locations in Aljada."
 
"Given the strength of investor interest in Aljada, where we have now sold almost 7,500 homes, we anticipate that demand for this very limited number of units to be extremely competitive," he stated.  
 
Matching modern design with lush landscaping and exceptional facilities, The Gate is a superb introduction to a contemporary lifestyle. With homes that are perfect for couples or families, The Gate’s location allows residents easy access into and out of Aljada, while new family entertainment district Madar is just a short walk away, explained Alkhoshaibi. 
 
All residences at The Gate include smart home technology as standard, while many homes also feature a ‘winter garden’, a design feature that extends the apartment’s living space onto the balcony, bringing the outdoors indoors. 
 
Residents also have easy access to generous green spaces, which include an adventure playground, swimming pool and outdoor gym, as well as jogging and cycling tracks, said Alkhoshaibi. 
 
Construction on The Gate will begin in the first quarter of 2022, with the first homes being handed over by the end of 2023, he added. 
 
On the Boulevard 3, he said it was the third and final building in The Boulevard, a new downtown living experience centrally located within the Aljada master plan. 
 
The nine-storey block containing 171 studio, one-, two- and three-bedroom apartments is based on Aljada’s main avenue, an elegant tree-lined street complete with shops, restaurants and cafes. 
 
Construction on The Boulevard 3 has already begun and all units are scheduled to be completed by the end of 2022. 
 
For Arada, the other big launch this week is the Sokoon 4, the fourth Sokoon building, which is located in Aljada’s new creative neighbourhood, Naseej District. 
 
The premium apartment block contains 118 smart homes, all of which have easy access to lush green parks and the world-class Naseej District Museum, said the developer. 
 
Construction on Sokoon 4 will begin in the first quarter of 2022, with scheduled completion by the end of 2023, it added.



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