ARADA is the UAE’s latest developer avail the quality and experience of its two establishing organizations, Basma Group, drove by His Excellency Sheik Sultan bin Ahmed Al Qasimi, and KBW Investments, established by His Royal Highness Prince Khaled bin Alwaleed bin Talal Alsaud.
Established in mid 2017, ARADA is devoted to building stunning communities that motivate, enhance and attract their prospective residents and investors in the UAE and across the GCC . It has started operations with the emphasis on ‘making communities’, planning to address the regularly growing mid-market property segment.
The Emirate of Sharjah refreshed laws managing its property advertise in 2014 to permit foreign expatriates living in the United Arab Emirates to buy property in zones approved by the government. Thus ARADA’s immediate priority is developing urban communities in Sharjah, expanding on the emirate’s position as a vibrant social and business hub.
ARADA announces two master-planned residential communities in the heart of Sharjah one is Nasma Residences and other is Aljada; details as below-
It is the first new master-planned residential community in Sharjah focused on ‘optimistic yet open living in a urban setting’. The company expects to complete the 5 million square feet development by the end of 2018.
Nasma Residences is to give investors a choice of two and three bedroom townhouses, & four bedroom semi-detached houses; starting at AED 995,000 (US$ 271,000), with sizes ranging from 1,500 sq. ft. to 3,500 sq. ft., supplemented by large plots.
Phase 1 of Nasma has sold out less than a month after launch. Confirming investor-demand for mid-market residential properties in Sharjah, ARADA has now launched Phase 2 that features the availability of five-bedroom ‘Signature Villas’ for the first time. Two and three bedroom townhouses, plus four bedroom semi-detached villas.
The next master-planned community called ‘Aljada’ that will cover an estimated 2.2 million square kilometres and will suit up to 70,000 residents. Aljada will offer investors a range of units, including villas, semi-detached villas, townhouses, apartments and loft apartments.
As announced by ARADA, this new venture will be located next to Sharjah University City and expected to be Sharjah’s biggest ever mixed-use real estate development. Construction phases are planned for delivery beginning from 2019 and proceeding through until 2025.
Thus ARADA is a brand hallmark one of reliability, commitment to quality, and end-user value.
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