Arada has revealed plans to award the main contract for Phase 1 of its $6.5 billion (AED24bn) Aljada megaproject in January 2018.
The developer said that it would float the main construction tender for Phase 1 of the Sharjah community in November 2017.
Construction works are due to commence in Q1 2018, and the development’s initial phase will be delivered before the end of 2019, Construction Week reports.
Spread across an area of 2.2km2, and boasting a total population of approximately 70,000 people, Aljada looks set to become Sharjah’s largest ever real estate development.
Ahmed Al Khoshaibi, CEO of Arada, told Construction Week that that the community would include a total of 800 buildings upon completion.
Read the full article on Arabian Business.