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Sharjah project beats its own sales record

Latest sales sees all 115 units at an apartment block sold in one day

Gulf News

Dubai: All 115 units at an apartment block in Sharjah’s Aljada project got sold in one day, by far the best single-day performance by any developer in the emirate. This came about after developer Arada released Areej 5, the apartment block in Aljada’s Phase 1, on November 9. All 115 units, which included studios and one-bedroom apartments, sold out on the same day, beating the 102 units sold on Aljada’s launch day. “It’s clear that investors agree with our vision to provide a lifestyle that is second to none in Sharjah, at a price point that is realistic for all,” said Shaikh Sultan Bin Ahmad Al Qasimi, Chairman of Arada. “We look forward to breaking ground on Aljada at the beginning of next year.” Delivered in phases starting in 2019, construction on Aljada will begin in the first quarter of 2018 and the entire project is expected to be completed by 2025.

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