Arada awards two contracts valued at Dhs939m in Masaar
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.
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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.
A total of 1,416 homes are now under construction at Masaar, where the first phase is scheduled to be completed by June 2023.
Both second and third phases of the project now under construction
Master-developer Arada has awarded two major contracts totalling AED939 million ($256 million) to build 986 new homes across two residential districts at Masaar, Sharjah’s woodland megaproject.
DUBAI: Emirati property development company Damac has awarded a $168.2 million construction contract for the Costa Brava cluster within its Damac Lagoons development to Pivot Engineering and General Contracting Co., MEED reported. According to the report, the scope of work under this contract includes the construction of 976 townhouses for the project. It was in November 2021