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UAE developer Arada has awarded two contracts worth AED460 million ($125 million) for construction of its first residential district at Sharjah’s forested megaproject Masaar. Featuring 4,000 villas and townhouses, Masaar is divided into 8 gated districts.
SHARJAH, 10th May, 2022 (WAM) -- Arada has awarded two major contracts together, totalling AED460 million, to build the first residential district at Masaar, Sharjah's forested megaproject. Featuring 4,000 villas and townhouses, Masaar is divided into eight gated districts, all set in woodland and nature-inspired master plan. Valued at AED228 million, the contract to build 142 villas in the Sendian district of Masaar was won by Kuwait's Mohammed Abdulmohsen Al-Kharafi & Sons (Al-Kharafi). Construction will begin immediately, and work will take 14 months to complete....