The newest developer in UAE Arada started the handover of properties in Phase 2 of the new Sharjah community, Nasma Residences.
The $408m (AED1.5bn) Nasma Residences project comprises 184 villas and townhouses, while the whole five-phase development which features 968 residential units.
Nasma Residences has excellent connectivity with Dubai and the rest of the Northern Emirates as it’s located near the Emirates Road and Maliha Road. It is also just minutes away from the upcoming Sharjah Botanical Garden, Tilal City, and the new Sharjah Convention Centre.
Chairman of Arada, Sheikh Sultan bin Ahmed Al Qasimi said: “We’ve been stepping up the pace of handovers since we started delivering homes in Phase One of Nasma Residences in May. There are now only a limited number of units left for sale at this incredible new community, and we expect to be fully sold out by the end of this year”
Al Qasimi also stated that earlier this year, Nasma Residences became Sharjah’s fastest-selling community when its first phase sold out in less than a month. It was also named Best Community for 2018 by the Sharjah Real Estate Registration Department, the government regulator of the Emirate’s property sector.
Phase 3 of this community will be handed over by the first quarter of 2020, while units from Phases 4 and 5 will be delivered by the second quarter of the same year.