Arada to build AED367m student housing complex

SHARJAH / WAM

Sharjah developer Arada has announced the award of a contract to build “Nest”, an integrated student housing complex based at its Sharjah megaproject Aljada.
The AED367 million contract was won by Intermass Engineering and Contracting Company, a Sharjah-based contractor with more than 40 years’ experience in the regional construction industry, which has also worked on previous phases at Aljada and at Nasma Residences, Arada’s first project.
Work on the 12 five-storey apartment blocks at Nest will begin immediately, and the first units will be handed over in the second quarter of 2022, the company said in a statement.
Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada, said, “The Nest community fits perfectly with Sharjah’s mission to provide a progressive and all-round educational experience for students from the UAE and around the world.”
“We have an ambitious programme at this transformational community during the course of 2021 and look
forward to delivering an exceptional experience for a new generation of students in Sharjah.”