Arada has awarded a contract valued at AED145 million to build a landscaped sports complex at its AED35 billion Sharjah megaproject Aljada. Spread over a 400,000 square foot landscaped park, the sports complex contains a full-size football pitch, smaller 5-a-side football pitches, basketball, padel tennis, volleyball, squash and badminton courts, as well as cycling and jogging tracks and adventure play areas for children. Other facilities include a water play area, two F&B outlets, including the Reformatory Lab – the exciting Australian coffee brand recently introduced to the UAE – as well as changing rooms and public amenities. Two full floors of parking

Alef Group, a premier real estate developer in the UAE, has proudly announced the rapid sell-out of all the limited inventory that was released in Olfah Phase 2, within its landmark AED 2.5 billion Olfah development project, the forest-designed walkable buildings community. All units from this special release were sold in a remarkable one week, highlighting the growing demand for Alef Group’s innovative and nature-inspired communities. Raed Kajoor Al Nuaimi, CEO of Alef Group, said: "The overwhelming response to Olfah Phase 2 reflects the strong trust our customers and investors place in Alef Group's vision of creating innovative, nature-inspired communities. Selling

Property transactions in Sharjah reached AED44.3 billion during the first nine months of 2025, a record-breaking 58.3 percent increase compared to the same period in 2024, according to the latest report from the Sharjah Real Estate Registration Department. The surge has already exceeded the total annual transaction value recorded in 2024, which stood at AED40 billion. This exceptional performance highlights the strength and dynamism of Sharjah’s real estate sector and reaffirms the emirate’s reputation as a stable, investor-friendly destination driven by a comprehensive development strategy. The number of property transactions rose 16.3 percent to 80,320, up from 69,078 during the same period

Arada has awarded a construction contract valued at AED397 million to build the Rove Aljada hotel cluster, located within the AED35 billion Sharjah megaproject. Spread across four blocks, the Rove Aljada hotel and Rove Home Aljada branded residences buildings are ideally based next to the upcoming commercial district Arada CBD and Madar Mall. The contract has been awarded to Modern Building Contracting Company (MBCC), which will begin construction of the cluster immediately, with a completion set for December 2027. The Rove Aljada hotel will feature 192 hotel rooms, a rooftop swimming pool, co-working spaces, a 24-hour gym and an all-day dining restaurant

In a landmark collaboration, Alef Group, a premier real estate developer in Sharjah, has partnered with Emaar Hospitality Group to introduce Palace Residences Al Mamsha, at Al Mamsha Seerah. This iconic development marks the debut of the prestigious Palace Residences brand in Sharjah. The agreement, signed by Raed Kajoor Al Nuaimi, CEO of Alef Group, and Nicolas Bellaton, Head of Hospitality, Emaar Hospitality Group, and with the presence of Ahmad Al Matrooshi, Managing Director of Emaar Properties, and Abdullah Al Huraimel, Alef Group Board Member, strengthens Sharjah’s position as a hub for integrated lifestyle destinations. The new project is set to become an address of

Arada has awarded the main construction contract for the second school at Aljada, the AED35 billion mixed-use megaproject in Sharjah. Valued at AED128 million, the contract to build Raffles World Academy,Aljada was awarded to Al Rehab Al Arabi Building Contracting Co. LLC, a Sharjah-based contractor. Developed in partnership with Innoventures Education, Raffles World Academy,Aljada is a new premium K-12 international school located on a 480,000 square foot plot in the north-west corner of the megaproject.The campus benefits from a strategic location near key community features, including residential neighbourhoods. Set to welcome its first pupils at the beginning of the 2026–2027 academic year,

Nasdaq Dubai welcomed the listing of a USD 450 million Sukuk issued by Arada Developments LLC (“Arada”), a leading UAE-based master developer. Issued under Arada Sukuk 2 Limited’s USD 1 billion Trust Certificate Issuance Programme, the Sukuk matures in 2030. The offering was oversubscribed more than four times, attracting over USD 2 billion in orders from regional and international investors. The issuance was priced at a profit rate of 7.150%, reflecting strong investor appetite. This listing builds on Arada’s established track record in the debt capital markets. Following this admission, Arada’s total outstanding Sukuk on Nasdaq Dubai now amount to USD 1.5

Dar Alwd Construction (DAW), the appointed contractor for Nomad, a new eco-tourism destination developed by the Sharjah Investment and Development Authority (Shurooq) under the Sharjah Collection portfolio, announced significant progress on the project’s infrastructure delivery. Set between the Kalba Mountains, Nomad is conceived as a low-impact retreat that blends seamlessly with the surrounding environment, powered by a hybrid energy system that includes solar panels and high-quality natural materials It forms part of Shurooq’s wider strategy to expand Sharjah’s hospitality offering through destinations that safeguard biodiversity while creating authentic visitor experiences. "Sharjah has placed sustainability at the heart of its tourism strategy, and

His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Chairman of Arada, has attended the signing of a transaction in London that marks Arada's acquisition of a 75% stake in the UK’s Regal, one of London’s leading residential-led mixed-use developers. This marks Arada’s entry into the UK and second international expansion, aligning with its strategy of growing and diversifying its business geographically. Having already established a strong presence in the UAE since its launch in 2017 and expanded into Australia in 2024, the acquisition of Regal gives Arada an immediate presence in the London market and platform on which to

Arada has awarded the construction contract for Madar Mall, the landmark retail and entertainment destination at the heart of the Aljada megaproject in Sharjah, to Dubai-based contractor United Engineering Construction Company (UNEC). The contract, valued at AED2.18 billion, covers the full build of the mall, with work beginning immediately and completion scheduled for December 2028. Founded in 1976, UNEC is one of the UAE’s most established and reputable contractors, with a proven track record of delivering large-scale and complex projects across the GCC. Madar Mall, with a built-up area of 3.9 million square feet, is the anchor attraction and final phase of