Rendering of Aljada Rendering of Aljada

ARADA to Develop Residential Community in Sharjah

ARADA, a property developer formed by KBW Investments and Basma Group, has unveiled plans to invest AED24 billion (USD6.5 billion) for the launch of a master-planned community in Sharjah.

Covering an estimated 2.2 km2 and set to accommodate up to 70,000 residents, Aljada is scheduled to be completed by 2025 and will feature a number of residential districts, connected landscaped parks and tree-lined boulevards.

Residential districts will surround a central piazza offering entertainment, leisure and retail facilities while the central district will boast a large children’s adventure complex, skateparks, an extreme sports centre and a musical fountain.

The development will offer investors a variety of housing units, including villas, semi-detached villas, townhouses, apartments and loft apartments.