INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Arada finalizes first set of homes worth $6.53bn in third phase of Sharjah project

Residents at East Village will benefit from large green spaces that will host regular events. (WAM)
  • Under the project, which features 2,000 units, , a total of 1,621 apartments have been finished across 14 buildings
  • Each apartment block has communal areas, with additional space set aside for local facilities, including small shops and cafes

SHARJAH, UAE — Arada announced on Tuesday that it has completed the first set of homes in East Village as part of its AED24 billion megaproject Aljada in Sharjah.

Under the project, a total of 1,621 apartments have been finished across 14 buildings, local media reports said.

Featuring 2,000 units in total, the East Village targets the younger generation and comprises 16 apartment blocks.

Residents at East Village will benefit from large green spaces that will host regular events, art installations and pop-up retail outlets.

Each apartment block has communal areas, with additional space set aside for local facilities, including small shops and cafes.

Home inspections will shortly begin at the 968 homes in the Riff 1-3 buildings, the Link 1-3 buildings and the Solo 1-2 buildings – which were completed at the end of last year, bringing the total number of homes finalized at Aljada during 2022 to 3,833.

A further 653 homes have just been completed in the Solo 3-4, Link 4-5 and Riff 4-5 buildings, with home inspections due to commence shortly.

The completion of the first homes in East Village comes shortly after Arada’s announcement in December that all 2,473 fully furnished units in the Nest student housing community had also been finished.