News

The total value of real estate transactions in Sharjah’s Central and Eastern Regions during the first half of 2025 has reached AED 1.6 billion, reflecting a significant increase of 143% compared to the same period in 2024, according to the Real Estate Transactions Report issued by Sharjah Real Estate Registration Department. In addition, the report indicated that a total of 12,346 transactions were registered through the department’s branches, with a total area of sales transactions amounted to 22 million square feet. Omar Al-Mansouri, Director of the Branches Department at Sharjah Real Estate Registration Department, stated: “The exceptional growth in real estate transactions

Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of a $450 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai. The five-year fixed rate RegS Sukuk issuance, rated BB- by Fitch and B1 by Moody’s, was priced with a coupon of 7.150%, tightening 47.5bps- 60bps from the initial price guidance of 7.625%-7.750% for a spread of 317 bps over US Treasuries, for the tightest reoffer yield ever achieved by Arada. The proceeds of the issuance will be used for a tender offer of up to $100 million

Arada has awarded the main construction contract for Masaar Central, the retail and lifestyle hub at the heart of its forested megaproject in Sharjah. Construction work is scheduled for completion by end-2026, coinciding with the full delivery of the remaining three residential phases of the AED9.5 billion community in the Suyoh district. Valued at AED60 million, the construction contract to build Masaar Central has been awarded to Intermass, the well-established Sharjah-based contractor, which is already working on several residential phases at Masaar. Masaar Central will provide a range of retail, dining, wellness, and education services across 53,000 square feet of gross leasable

Arada has awarded the main construction contract for the ultra-luxury Armani Beach Residences at Palm Jumeirah to a subsidiary of global construction giant China Railway Group Ltd (CREC). Valued at AED678 million, the contract will result in the development of the landmark project by the end of 2027. CREC subsidiary China Tiesju Civil Engineering has extensive experience across the Middle East, Africa, Latin America and Asia in executing complex projects. The conglomerate’s track record of on-time delivery to an exceptional level of quality underscores Arada’s commitment to setting a new standard for the high-end Dubai residential market. Designed in partnership with Armani/Casa Interior Design

Arada has announced that it has secured WiredScore Platinum certification for the first phase of Arada Central Business District (CBD), Sharjah’s new commercial hub set for completion in Q1 2027 within the AED 35 billion Aljada megaproject. WiredScore Platinum is the highest designation from WiredScore; the global benchmark for digital connectivity and smart building standards. This makes Arada CBD the first development in Sharjah to receive this certification, guaranteeing world-class digital infrastructure for future tenants of the commercial district in Aljada. Earlier this year, Arada awarded a construction contract worth AED604 million for Phase 1 of Arada CBD, covering the development

BEEAH, a sustainability pioneer driven by its expertise across environment, energy, technology, real estate, and healthcare, has announced the launch of Khalid Bin Sultan City, its first real estate development– a groundbreaking urban project that redefines sustainable living in the region. Officially unveiled at an event held under the patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, and in the presence of His Highness Sheikh Sultan Bin Ahmed Al Qasimi, Deputy Ruler of Sharjah, the city stands as a tribute to BEEAH’s commitment to sustainable, smart, and community-centric urban development.This project

Alef, the leading real estate developer in the Emirate of Sharjah, has launched Hamsa 3, the final residential phase of Al Mamsha Raseelwithin its flagship mixed-use development. Hamsa 3 is part of the Al Mamsha Raseel masterplan, spanning over 48,000 sqm, with more than 65% dedicated to green open spaces. This reflects Alef’s commitment to sustainable urban living and supports UAE Vision 2031, the Green Agenda 2030, and Net Zero 2050. Alef Company stated that Hamsa 3 represents the natural evolution of our residential offering, delivering a sophisticated urban lifestyle with unparalleled access to education, healthcare and retail facilities. This launch stands as

BEEAH, the region’s sustainability and innovation pioneer, has formally announced its strategic expansion into real estate development. The move builds on the organisation’s experience managing real estate developments, including the established strengths in Environment, Energy, Technology,and Healthcare,reinforcing its commitment to shaping future-ready cities and enhancing quality of life for societies. The expansion reflects BEEAH’s deliberate diversification strategy that integrates sustainability at its core, while fostering the organisation’s growth in emerging, high-impact industries. “Developing real estate is a natural evolution for BEEAH, unlocking a new avenue for us to address society’s most pressing challenges. Our goal is to create exceptional urban environments,

Arada has acquired the New South Wales arm of Roberts Co, a leading Australian tier-one commercial construction company with a strong track record in delivering complex projects across a number of sectors, as the UAE-based master developer’s expansion plans in Australia gather pace. The transaction includes an immediate $20 million (AED47 million) recapitalisation of Roberts Co (NSW) Pty Ltd by Arada, securing the jobs of 120 direct employees and providing essential stability to another 600 employees across the construction supply chain in Sydney. The acquisition gives Arada greater control over the development of its future projects in Australia and also paves the

Al Marwan Development today announced significant progress on its flagship residential project, “Hawa Residence,” situated in the vibrant Tilal City. This key development is attracting considerable interest from investors and prospective homebuyers, owing to its sophisticated design and strategic location. Marwan Al Zaiem, Chairman of Al Marwan Group, commented, “Hawa Residence represents a significant milestone in our ongoing efforts to develop residential solutions that cater to the evolving needs of the community. By focusing on smart, sustainable living, we are setting new standards for residential projects in the region.” Hawa Residence boasts a prime location on Emirates Road, offering easy access to