IRHM, Your Global Window into Real Estate and Hospitality

October 16, 2026

Aljada

Abu Dhabi developer Aldar has entered the Sharjah real estate market through an AED 1.1 billion transaction with Arada. The forward purchase agreement covers three residential blocks containing over 1,100 units across nine buildings in the Aljada master development. Scheduled for delivery in late 2029, the deal expands Aldar’s develop-to-hold investment pipeline to AED 21 billion and deepens its strategic partnership with Arada.

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