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Abu Dhabi s Aldar sells two district cooling facilities to Tabreed for $262mln

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Sharjah developer Arada tests appetite for offplan sales with new district

Busy with offplan So far this year, “We have sold just over 2,200 units in total, including almost 1,900 homes at Aljada and over 300 homes at Nasma Residences (the other community project in Sharjah),” said Ahmed Alkhoshaibi, CEO of Arada. “Our offplan launches at Aljada this year have included a number of new apartment buildings, the Sarab 2 garden villa community and the Vida Residences Aljada.” Abu Dhabi and Sharjah have proved the busiest for offplan this year, while in Dubai, buyers are veering towards ready homes. Aldar scored a major success recently, selling out its latest release on Yas Island in a matter of hours.

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