Arada awards $168mn in contracts for construction of 565 homes ...United Arab Emirates

Two contracts worth US $168mn have been awarded by developer Arada for the construction of all 565 homes within its premium community Azalea. The community is part of the fourth phase of the Masaar megaproject, which is taking shape in the Suyoh district of Sharjah. Announcing the contract awards, Arada said Saleh Construction will build 324 residences, while Yanal Building Contracting Company will deliver 241 homes. Construction work will begin immediately and all homes will be completed and handed over by the end of 2025. Contracts for the remaining two phases will be awarded in the second quarter, with the entire project scheduled for completion by the end of 2026, the developer noted. “T

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Last updated : 17 April 2024 clock 11:45 AM

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Arada awards $168mn in contracts for construction of 565 homes ...United Arab Emirates

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