Have you ever wondered how Sharjah is improving its residential areas? If you’re in search of new, premium homes then there is a piece of great news for you. The final phases of the Masaar project in Sharjah have been delivered to Arada, an extremely good property developer.
This marks a major step within the project and brings the total investment to $403 million.
The Final Two Phases Of Sharjah’s Masaar Project Have Been Awarded To Arada For A Total Of $403 Million
The Masaar project in Sharjah is more than just another development; it represents a bold vision for urban living in harmony with nature. Situated in the scenic Suyoh district, Masaar spans an impressive area and is set to become a benchmark for sustainable community living in the Middle East.
This ambitious project aims to integrate lush greenery and modern amenities seamlessly, offering residents a serene environment amidst bustling city life. The design emphasizes eco-friendly practices, incorporating extensive parks, tree-lined avenues, and pedestrian-friendly spaces that encourage outdoor activities and community engagement.
Modern infrastructure, including state-of-the-art fitness centers, educational institutions, and retail outlets, ensures that residents have access to everything they need within a short distance.
By prioritizing sustainability and quality of life, Masaar is poised to attract families, professionals, and nature enthusiasts, setting a new standard for living in the region.
Overview Of Arada’s Role
Arada’s involvement in the Masaar project underscores its reputation as a leader in the real estate sector. With a strong commitment to quality and innovation, Arada has been entrusted with completing the final phases of Masaar.
This responsibility not only highlights Arada’s expertise in large-scale development but also reflects its dedication to enhancing Sharjah’s residential landscape with world-class infrastructure and thoughtful design.
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Detailed Breakdown Of Phases
The Sequoia and Saro phases are pivotal to completing the Masaar project’s vision. Each phase is meticulously planned to enhance the overall community experience through thoughtful design and sustainable practices.
Sequoia, with a contract value of AED650 million, will feature 428 homes, while Saro, valued at AED830 million, will add 597 homes to the development.
Construction Timeline And Progress
Arada has set an ambitious timeline for the construction of Sequoia and Saro, aiming to complete all homes by summer 2026. This commitment to timely delivery ensures that residents can soon enjoy the benefits of living in this vibrant community.
Total Homes Under Construction
The current phase of construction includes a total of 2,570 homes across various stages of completion. The initial phase, encompassing 430 homes, is scheduled to be finalized by the end of 2023, showcasing steady progress in the development of Masaar.
Phases Kaya And Robinia
In addition to Sequoia and Saro, significant progress has been made in the earlier phases of Kaya and Robinia. These phases, comprising 986 homes, are nearing completion and are expected to contribute substantially to the residential options available in Sharjah.
Community Impact And Benefits
Beyond providing housing, Masaar is designed to foster a sense of community and well-being among its residents. The integration of green spaces, recreational facilities, and essential amenities promotes a balanced and enriching lifestyle. This emphasis on community-building sets Masaar apart as a desirable residential destination in Sharjah.
Economic Implications And Growth
The development of Masaar contributes significantly to Sharjah’s economic growth. Large-scale projects such as this create numerous job opportunities in the construction, hospitality, and service sectors, thereby stimulating local businesses and boosting the economy.
The sustained investment in urban infrastructure also enhances the city’s overall attractiveness to investors and residents alike.
Environmental Sustainability
Masaar places a strong emphasis on environmental sustainability and conservation. The project incorporates eco-friendly building materials, energy-efficient designs, and water-saving technologies to minimize its ecological footprint.
By preserving natural habitats and promoting biodiversity, Masaar exemplifies responsible urban development in harmony with nature.
Future Prospects And Development Plans
As construction progresses on Sequoia and Saro, the future of Masaar looks promising. The completion of these final phases by 2026 will mark a significant milestone in the project’s timeline.
Beyond residential development, plans include enhancing community facilities, expanding green spaces, and introducing innovative technologies to further elevate the living experience at Masaar.
Arshad Darbar Thought
Arshad Darbar, a seasoned real estate expert, views the awarding of the final phases of the Masaar project to Arada as a significant advancement for Sharjah’s real estate landscape. With over years in the market, Darbar recognizes the transformative impact of such developments on urban living standards and market dynamics.
He appreciates Arada’s role in integrating sustainable practices and modern infrastructure within the Masaar project, emphasizing how this approach aligns with growing consumer demands for high-quality, eco-friendly housing options in the region.
Darbar believes that the completion of Sequoia and Saro under Arada’s stewardship not only enhances Sharjah’s residential offerings but also sets a new benchmark for community-focused living environments.
He predicts that these developments will not only attract potential homeowners seeking a harmonious blend of luxury and natural beauty but also contribute significantly to Sharjah’s economic growth through job creation and increased investment attractiveness.
Overall, Darbar sees the Masaar project as a testament to Sharjah’s commitment to sustainable urban development and anticipates its positive impact on the broader real estate market.
Conclusion
The awarding of Sequoia and Saro contracts to Arada for $403 million represents a transformative milestone in Sharjah’s urban development journey.
The Masaar project not only meets the growing demand for high-quality housing but also sets a new standard for sustainable and community-focused living in the region.
With its strategic location, thoughtful design, and commitment to excellence, Masaar promises to be a vibrant and thriving community where residents can enjoy a harmonious blend of luxury and natural beauty.
As Sharjah continues to evolve as a dynamic city, Masaar stands as a testament to progressive urban planning and sustainable development practices, ensuring a bright and prosperous future for generations to come.
