Arada awards two contracts valued at Dhs939m in Masaar - GulfToday

Arada awards two contracts valued at Dhs939m in Masaar

Arada

Valued at Dhs8b and containing 4,000 homes, Masaar features a nature-inspired master plan containing more than 50,000 trees.

Arada has awarded two major contracts together totalling Dhs939 million to build 986 new homes across two residential districts at Masaar, Sharjah’s woodland megaproject.

Valued at Dhs8 billion and containing 4,000 homes spread over seven gated districts, Masaar features a nature-inspired master plan containing more than 50,000 trees.

Valued at Dhs401 million, the contract to build 421 villas and town-houses in Masaar’s second residential phase, Kaya, was won by Pivot Engineering & General Contracting, an Abu Dhabi-based firm with more than 44 years’ experience in the local market. Construction on Kaya will begin immediately and is scheduled to take 18 months.

Valued at Dhs538 million, the contract to build 565 villas and townhouses in Robinia, Masaar’s third residential phase, was awarded to Intermass, a well-established Sharjah-based contractor that is already at work on the Masaar jobsite building part of the first residential phase, Sendian. Intermass has also worked with Arada on two of its other projects, Nasma Residences and Aljada. Construction on Robinia will begin immediately and is scheduled to take 17 months.

Ahmed Alkhoshaibi, Group CEO of Arada, said: “These two awards signal our determination to push forward rapidly with construction at Masaar, where we are seeing sales demand accelerate thanks to very favourable customer sentiment about the newly opened central entertainment zone and show villa at the community, which provide an opportunity for buyers to truly appreciate what the Masaar lifestyle is all about.

“Thanks to the recent decision to allow freehold ownership for all nationalities in Sharjah, we are seeing buyer interest at Masaar accelerate significantly. The master development as a whole is now more than a third sold out and we’re bringing forward new phase launches in order to keep up with demand.”

The award means that 1,416 homes are now under construction at Masaar, where the first phase is scheduled to be completed by June 2023.

Sales for Masaar’s fourth phase, Azalea, began earlier in November with an expected delivery of end -2024. Azalea consists of 566 homes ranging from two-bedroom townhouses to six-bedroom villas.

Masaar was officially inaugurated in September by Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah. The community is anchored by the Masaar Discovery centre, which now open to the public and surrounded by family attractions and entertainment amenities including a children’s adventure playground and waterplay area, an outdoor amphitheatre and a skate park, alongside the second location of the popular Zad food truck park. Also open to the public is the community’s first completed home, the Masaar show villa, which can be reached via a forested walkway.

This November, Masaar was awarded Master Plan Project of the Year by the Design Middle East Awards 2022, with the judging panel recognising its innovative and nature-inspired design, which promotes mobility and active, healthy living for residents and visitors.

Masaar is ideally located in the up-and-coming Suyoh district, close to Tilal City, the Sharjah Mosque and Arada’s first project, Nasma Residences.

The community has easy access to Emirates Road and Mleiha Road, and is 15 minutes’ drive from Sharjah International Airport, and 20 minutes’ drive from Dubai International Airport. The location is ideal for a convenient and traffic-free commute from Sharjah to Dubai or the Northern Emirates.  Meanwhile Arada has unveiled its first project in Dubai in November with the launch of Jouri Hills at Jumeirah Golf Estates, a luxury villa collection in the heart of one of the emirate’s most-sought-after residential and leisure communities.

The latest phase in the 40 million square foot Jumeirah Golf Estates master plan, Jouri Hills contains 294 high-end homes located close to two world-class golf courses, with each villa providing an unmatched lifestyle experience backed by modern, nature-inspired designs and access to world-class amenities.

With a range of units from three-bedroom townhouses to luxurious six-bedroom mansions, homes at Jouri Hills at Jumeirah Golf Estates all feature contemporary architecture designed to make the most of natural light, with floor-to-ceiling windows and double height spaces, as well as smart home solutions.

Detached villas all come with swimming pools as standard, while the community’s most luxurious homes contain over 14,000 square feet of space, spread across four floors and encompassing underground parking, basements with a flexible entertainment or fitness floor plans and a landscaped ‘English courtyard’ for outdoor entertainment.


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