ARADA has announced the launch of a new type of property, the Sama Majlis Villa, at its record-breaking Nasma Residences community in the heart of New Sharjah.
The news comes as the UAE developer confirmed that construction work at the projects first phase is 20% complete, and that ARADA is on schedule to deliver its first homes to buyers by the end of this year.
The Sama Majlis Villa is a four-bedroom independent property with an open-air majlis based on an upstairs terrace, in a first for the Sharjah market. The exceptionally designed home was launched at a special sales event held on 10 March, where it met with significant interest from investors from around the UAE and beyond. Other units on sale at Nasma Residences include two-, three- and four-bedroom townhouses and semi-detached villas, and four- and five-bedroom signature villas.
The Sama Majlis Villa is being sold in Phase 3 of Nasma Residences, an 800 villa and townhouse community ideally located adjacent to Emirates Road and Maliha Road. Launched in March 2017, Nasma Residences sold out the first of the communitys five phases in less than a month, making it the fastest-selling residential real estate project in Sharjah.
The main construction contract for work on Phase 1 of Nasma Residences was awarded to Intermass Engineering & Contracting LLC, while contracts for Phase 2 were won by two separate companies: Intermass and Klampfer Middle East LLC. Work on Phase 2 has already commenced, with excavation and foundation works already under way. ARADA expects to award the contract for Phase 3 in May, with the entire community scheduled to be completed by the end of 2019.
HE Sheikh Sultan bin Ahmed Al Qasimi, chairman of ARADA, said: With construction work on the first phase of Nasma Residences already a fifth complete, we are on course to deliver ARADAs first homes by the end of this year. The introduction of the Sama Majlis Villa also shows our intention to provide a wide portfolio of beautifully designed homes for both investors and end-users.
Spread over an area of 46.5ha, Nasma Residences has been carefully planned to ensure a balance between living areas and community facilities. Keeping homeowners comfort and convenience top of mind, Nasma Residences will be anchored by four community offerings: a 13-acre lushly landscaped park with cycling and jogging tracks and large play areas; a multi-purpose community centre with club house offering sports and recreation facilities; childrens nursery and full-service medical clinic; a GEMS international school; and Nasma Square, a 6503.2sqm retail mall.
Nasma Residences offers a superior location in the heart of new Sharjah. It is located at the intersection of Emirates Road (E611) and Maliha Road, adjacent to the newly developing Tilal City, Tilal Mall and the new state-of-the-art Sharjah Convention Centre. It is also just 15 minutes from Sharjah International Airport and Sharjah University City. The location is ideal for a convenient and traffic-free commute from Sharjah to Dubai or the Northern Emirates.
With homes ranging in size from 139sqm to 409sqm, complemented by generous plots, there is an offering to suit every prospective homeowner. With homes starting from AED1,045,000, it offers an attractive opportunity for investors who want to buy in a lively new urban destination.