Arabian Business: Sharjah developer Arada delivers first homes to buyers

News: 29 May 2019

Nasma Residences set to be completed in June 2020, features over 900 villas and townhouses

A little over two years after launching its debut project Nasma Residences, Sharjah-based developer Arada has delivered its first homes to owners, having on Tuesday handed over keys to buyers in Phase 1 of the project, which comprises 107 villas and townhouses.

The developer which launched in 2016 is now focusing on selling the project’s remaining units and delivering the rest of the project by the end of June next year, said Arada chairman Sheikh Sultan bin Ahmed Al Qasimi, who welcomed the first homeowners during a short ceremony.

Arada has also announced that the construction contracts for Phases 4 and 5 of Nasma Residences have been awarded to Intermass Engineering and Contracting to build 302 units, and Mohammed Abdulmohsin Al-Kharafi and Sons Company to build 178 units respectively.

Read the full article in Arabian Business