Al Marwan General Contracting wins key AED102 million deal at AED24 billion mixed-use destination
Arada has announced the latest in a series of construction contracts at Aljada, the AED24 billion mixed-use community in the heart of New Sharjah. The developer awarded the AED102 million contract to build Phase 2 infrastructure works to support a number of different communities within Aljada to Al Marwan General Contracting Company, a well-known Sharjah-based contractor that has worked on a series of major projects throughout the UAE.
The scope of work for the contract covers the provision of all infrastructure, including the construction of power, water and communications networks, as well as landscape and road construction, for East Village, the student housing community Nest, the SABIS International School -Aljada, and the fourth phase of Aljada, which is due to launch for sales later this year. Construction will start immediately and is due to be completed in September 2021.
HE Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada, said: “We are continuing to focus heavily on our construction efforts in the second half of this year; in 2020 as a whole, we expect to award contracts worth more than AED1 billion in value.
“This infrastructure deal forms a critical part of our plan to bring a number of communities within Aljada to life, and we look forward to working with Al Marwan General Contracting Company to deliver an exceptional experience for residents and visitors alike.”
In recent weeks, Arada has awarded a AED423 million contract to build East Village, the second residential phase of Aljada, to Best Building Contracting Company, as well signing off a separate agreement with Al Zamalek General Contracting to construct the SABIS International School – Aljada. The developer is also planning to award the contract to build the Nest student housing complex, the third phase of Aljada, before the end of 2020.
Located in the fast-growing Muwaileh district in the heart of New Sharjah, Aljada is a 24 million square foot master-planned destination that is set to transform the future of the Emirate. As well as extensive residential districts, the megaproject will also host a premium business park, four hotels, three K-12 schools, a hospital, as well as extensive retail and F&B options. To date, there have been almost 5,800 units sold at Aljada, with over 1,600 units sold in 2020 alone. With an estimated 20,000 units included in the full Aljada master plan, the project is now almost 30% sold out.
Construction on Aljada began in 2018 and the first part of the project to be completed, family entertainment destination Madar at Aljada, was opened in February this year. Featuring a popular food truck park, a free drive-in cinema, a children’s adventure playground and the Aljada Discovery Centre, which has been designed by Zaha Hadid Architects, Madar has already welcomed more than 500,000 visitors since launch. The first homes at Aljada are scheduled to be handed over to owners before the end of 2020.