Gulf News: Sharjah’s Dh24b development sticks to tight construction plans

News: 7 February 2018

First phase at Aljada to start this quarter and for initial residents to move in during Q4-19

Gulf News, February 7, 2018

Dubai: The developer behind what is to be Sharjah’s biggest private sector development — at Dh24 billion it sure is massive — does not believe in waiting around to reach project milestones. The plan is to have the first residents move into “Aljada” by the end of next year.

What makes the target interesting in itself is that the main contractor for the first phase of residential works is to be announced and work to begin by March. The CEO at Arada, Ahmad Al Khoshaibi, is not unduly fazed by the tight project timelines it has set for itself.

“One of the issues we find in the region is that developers promise a lot,” said Alkhoshaibi. “Our guidelines are straightforward — if we show something in our marketing brochures, we need to deliver give it to the buyers. We don’t want situations where the renderings show something and then when it is finished, the feature is not included or lacks in quality.
“Most construction delays are related to cash flow problems at the developers. If the bureaucratic delays are eliminated, any developer can make the payments on time.

Read the full article here.