Arada awards two contracts totalling AED460 million to build first residential phase of Sharjah’s ‘Masaar’

Arada awards two contracts totalling AED460 million to build first residential phase of Sharjah’s ‘Masaar’

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.

Valued at AED232 million, the second contract to build the remaining 288 homes in Sendian was won by Intermass, a Sharjah-based contractor. Construction on these homes will also begin immediately, with work scheduled to take 14 months to complete.