Arada, one of the thriving UAE-based real estate development companies, announced that it has completed 60% of the development works of Nasma Residences, its master development in Sharjah.
In its comment on the progress announcement, Arada said that it has successfully finished the community’s first completed unit; a semi-detached villa which is now open as a show home for the interested buyers and investors.
Situated at the crossroads of both Emirates Road and Maliha Road, Nasma Residences is a residential community that spans more than 46 hectares of land which comprise more than 800 luxurious homes which will span an area that ranges from 1,400 square feet to 4,400 square feet. The project is located 10 minutes away from Sharjah International Airport and Sharjah University.
In addition to the residential units, Nasma Residences will feature Nasma Square, a private shopping mall that sprawls 65000 square feet; the construction works of the mall is due to completion by the end of 2018.
Nasma Residences has been launched in March 2017, and it is being developed over multiple phases, the second of which has been commenced in March 2018 and has hit the 20% completion mark. The whole project is planned to be delivered by the end of 2019.