Parkin Company PJSC ("Parkin" or the "Company"), Dubai's leading provider of paid public parking facilities and services, is pleased to announce that it has signed a long-term framework agreement with Arada Developments LLC ("Arada"), a prominent UAE-based master developer known for its large-scale, mixed-use communities across the country. Project overview The contract marks Parkin's first entry into the Emirate of Sharjah, representing a significant milestone in the Company's geographic diversification strategy outside of Dubai. Under the agreement, Parkin has been appointed as the sole operator at Arada’s mixed-use Aljada mega project in Sharjah. In the initial phase, Parkin will manage a mixed portfolio

Alef Group, a premier real estate developer in Sharjah, has announced significant progress in the delivery of buildings within its flagship project, Al Mamsha, alongside the opening of a number of new retail outlets during April. This milestone reflects the Group’s efficient execution and the accelerating pace of development across the project’s various components. During April, Al Mamsha welcomed a selection of new destinations that further elevate its retail offering and enrich the overall experience, including the headquarters of the Sharjah Business Women Council, alongside Eleven Green, Knot Bakehouse, and Orange Wheels. These additions reflect a carefully curated tenant mix designed

Arada has completed more than 100 million safe man-hours without a lost time injury(LTI) at Aljada, its AED35 billion megacommunity in Sharjah, highlighting the master developer’s people-first approach to health and safety. Thismonumental safety milestonefollows the completion of residential works atthe Naseej District at the megaprojectearlier this year, with more than 9,000 homes having been delivered across the 24-million-square-footmaster-planned development since construction commenced in 2018. Featuring a modern business park, a thriving cultural hub and a vibrant leisure and entertainment space, Aljada is already home to20,000 people. Works completed so far span residential, retail, hospitality, entertainment, sports, education, commercial, infrastructure and landscaping,

Alef Group, a premier real estate developer in Sharjah, has awarded construction contracts valued at AED 750 million, marking the commencement of the final phase of its flagship Hayyan development, comprising more than 700 residential units. The awarded contracts cover the development of the Samr 1, Samr 2, and Deem residential clusters, in addition to the Hayyan mall, clubhouse, and extensive landscaping and public realm works. This milestone signals the full-scale execution of Hayyan’s concluding phase and reinforces Alef Group’s sustained development momentum, disciplined delivery strategy, and continued market confidence in Sharjah’s evolving real estate sector. This milestone reflects the strong progress

Arada has unveiled Jenna, a new upscale residential complex situated in the AED35 billion Aljada megacommunity in Sharjah. Based on Aljada’s West Boulevard, the complex’s initial 100 apartments are now available to purchase as part of Jenna 1, with the construction of all 631 homes scheduled to be completed by the end of the first quarter of 2029. Located near Aljada’s main entrance, Janaboasts fresh, stylish and contemporary architecture. The six-building development includes a selection of one-, two- and three-bedroom residences, all of which come with smart home features and high-end appliances as standard. Jenna is in close proximity to a broad

The Sharjah Real Estate Registration Department, in collaboration with Sharjah Digital Department, organised a specialised workshop to train real estate developers on the services of the “Aqari” platform, as part of its ongoing efforts to develop the real estate sector and strengthen digital transformation across the emirate. The workshop aimed to promote digital real estate awareness in the Emirate of Sharjah and introduce developers to the latest electronic services available through the “Aqari” platform. It also focused on training them to use these services efficiently, contributing to the development of the real estate ecosystem, simplifying procedures, and enhancing overall performance. The workshop,

Arada has commenced the handover of 138 new apartments at its AED35 billion Aljada megacommunity in Sharjah, following the completion of construction of the two Il Teatro Residences buildings. The milestone marks the end of residential development within Naseej District, Aljada’s creative hub, where more than 2,000 homes have now been delivered. Overlooking Il Teatro, the stunning new performing arts complex designed by Japan’s Pritzker-Prize-winning architect Tadao Ando, the two Il Teatro Residences buildings also offer owners exclusive access to rooftop infinity pools and health clubs, as well as a range of ground-floor retail and dining options. The two-building complex also features

The real estate sector in the Emirate of Sharjah continued its strong performance during the first quarter of 2026, achieving notable growth in trading value and total transactions despite regional challenges. Total real estate trading value reached AED18.5 billion, compared to AED13.2 billion during the same period in 2025, marking a growth of 40.7 percent and reflecting the sector’s resilience and growing investor confidence. According to data released by the Sharjah Real Estate Registration Department, the total number of real estate transactions executed during the first quarter reached 29,235, representing an increase of 18.9 percent compared to the previous year. Abdulaziz Ahmed Al

The Sharjah Real Estate Registration Department (SRERD) has honoured 25 real estate entities that won the “Real Estate Excellence Award,” in recognition of their efforts in advancing the real estate sector and reinforcing Sharjah’s position as a leading global investment destination. The ceremony was attended by Abdulaziz Ahmed Al-Shamsi, Director-General of the Sharjah Real Estate Registration Department, and Abdul Aziz Rashid Al-Saleh, Director of the Department, along with department directors and representatives of real estate institutions operating in the emirate. The ceremony included the recognition of sponsors and winners across the various categories of the 2025 Real Estate Excellence Award. In the Real