Money and business

He wanted to hand over the first batch of homes to the new owners at Vida Residences Aljada

Sharjah, 9 April / WAM / The real estate development company, Arada, welcomed the first group of new owners to Vida Residences Aljada, following the completion of all construction work in the four-building residential complex, which combines carefully selected luxury homes, a modern hotel, and a dynamic social environment integrated into one place.

Vida Residences Aljada represents the first luxury residential project under the management of an upscale hotel brand in the Emirate of Sharjah. It is located on East Boulevard in the Naseej Al Qalb Cultural District in this modern, integrated destination and offers a wide range of services, hospitality facilities, restaurants, cafes and various commercial offers for residents, guests and visitors alike.

After completing the 579 units in the new residential complex, the master developer has to date delivered more than 8,800 homes in the huge Aljada project, with a total sales value of 35 billion dirhams.

The four-building Vida residential and hotel complex includes 255 luxury apartments under the Vida brand and 149 serviced apartments in addition to the upcoming Vida Aljada hotel with a capacity of 175 rooms in cooperation with Emaar Hospitality Group.

Ahmed Al Khashibi, CEO of Arada Group, said: “We are pleased to confirm our commitment to delivering about 4,000 homes integrated with the main infrastructure within our communities during the current year, as the completion of the first luxury housing project under the management of a leading brand in the Emirate of Sharjah represents a pivotal milestone in our expansion journey. Vida Residences Aljada is one of the most prominent projects we have delivered to date in terms of luxury and level of quality within the master plan of this modern destination, and these luxury units have contributed to achieving remarkable growth in capital value.” “For new owners.”

Al Khashibi added: “Our partnership with Emaar Hospitality constitutes an ideal model of strategic integration, given the compatibility of our visions in the areas of quality, exceptional service and operational efficiency. We look forward to further cooperation as the opening date of the Vida Aljada Hotel in Sharjah approaches in the next few months.”

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