The Sukuk issuance saw strong demand from both regional and international investors
Arada Developments
Latest in Arada Developments
Arada
Arada reports H1 $1.2bn sales, massive 186% increase
Master developer Arada sees massive increase in UAE real estate sales in first half of 2023
Arada
Arada awards $130mn construction contract for Vida Aljada hotel complex to GAC
Vida Aljada hotel complex is the first of three Emaar Hospitality properties that will be built at Aljada
Aljada
Arada to build office park in Sharjah, to be completed in 2025
The office park, which spans over 4.3 million square feet, will feature leasable office spaces across 40 blocks and can accommodate 20,000 workers
Ahmed Alkhoshaibi
Sharjah real estate major Arada records $405.6 million property sales in first half of 2022
The first half results – 30 percent up over same year ago period – capped a particularly strong period for Arada, which also saw the successful completion of its $350 million sukuk issuance deal
Ahmed Alkhoshaibi
Arada marks completion of construction on its Nasma Residences community project in Sharjah
Spread over a 5 million square foot landscaped master plan, Nasma Residences boasts an array of amenities including a retail and lifestyle hub at the heart of the community linked to an adjoining park
Arada
Arada, Sharjah’s SPEA partner to boost sustainable designs for future schools
The Arada-SPEA partnership will also see the launch of joint training programmes, and joint initiatives and events designed to promote the educational sector in Sharjah
Arada
Arada picks Kuwaiti and Sharjah contractors to build first residential district in Masaar megaproject
Arada has awarded two major contracts totalling $125.23 million to build 430 villas and townhouses within the first residential district at Masaar, Sharjah’s forested megaproject
alef group
Developer Alef unveils $950m Hayyan real estate project as Sharjah continues to grow
New community, which extends over an area of 8.7 million sq ft, is set for handover in the second half of 2025
Aljada
Developer Arada awards $88m construction contract for Sharjah mega project
Mohammed Abdulmohsen Al-Kharafi & Sons wins deal to build 920 homes in the huge Aljada project
Ajman Bank
Developer Arada secures financing to support construction of Sharjah mega project
Ajman Bank signs deal with Arada that will provide $41.3m to finance the construction of two key projects within Aljada
Arada Developments
Sharjah-based developer Arada purchases last beachfront plot on Dubai’s Palm Jumeirah
Valued at AED240 million, the plot has been bought from Nakheel, the master developer behind Palm Jumeirah
Aljada
Sharjah developer Arada posts 38% jump in property sales to $650m
Arada says it sold 2,488 homes in 2021, a 6% increase on the year before
Arada Developments
Second phase of Sharjah’s AED8bn Masaar forested mega project launched
Containing 421 townhouses and villas, the launch of Kaya has been brought forward following strong demand, says developer
Aljada
Contract awarded for second phase of Sharjah family entertainment district
Developer Arada awards contract for the next phase of its family entertainment district Madar, part of the Aljada megaproject
Aljada
Arada sees surge in property sales as Sharjah’s real estate market rebounds
Developer says sales have increased by 85% during the first six months of 2021
Arada Developments
Arada awarded first two contracts for Sharjah’s Masaar community
The $2.2bn (AED8bn) project was launched in January and the UAE-based developer is on schedule to deliver 2nd phase of sales by year-end