Aljada
Script error: No such module "AfC submission catcheck".
About Aljada[edit]
Launched in September 2017, Aljada is a large mixed-use development spread over a 24 million square foot area in the Muwaileh suburb of Sharjah.[1]
The masterplan for Aljada includes housing, a business park, shops, hotels and schools as well as a leisure and entertainment complex, which is being designed by Zaha Hadid Architects.[2]
History[edit]
Construction work on Aljada began in the first quarter of 2018, with the entire project scheduled for completion in 2025.[3]
In December 2017, Arada secured AED 1 billion in Islamic financing from two banks in the United Arab Emirates to help fund the development of the project.[4] The company secured another AED 1 billion in financing in 2019 [5] with further funding valued at AED 337 million [6] and AED 250 million [7] finalised in 2021.
In April 2018, Arada signed a deal with Emaar Properties Hospitality Group to open three hotels in Aljada.[8]
In February 2020, the first phase of the leisure entertainment complex, called Madar at Aljada, was opened to the public, marking the first part of the project to be completed.[9]
In 2023, the Aljada Skate Park hosted both the Park [10] and Street [11] versions of the skateboarding World Championships, organised by World Skate. [12]
The first homes at Aljada were completed and handed over at the beginning of 2021.[13] So far, two residential phases, an international school and the Nest student housing complex have been completed at Aljada, totalling 5.500 units. [14]
References[edit]
- ↑ "UAE developer to build biggest-ever real estate project in Sharjah". The National. 6 September 2017. Retrieved 2018-12-11.
- ↑ "Sharjah developer awards contract to late Zaha Hadid's firm". gulfnews.com. Retrieved 2018-12-11.
- ↑ "UAE property developer launches $6.5 bln Sharjah project". Reuters. 2017-09-11. Retrieved 2018-12-11.
- ↑ "UAE property developer secures 1 bln dirham loan for mega-project". Reuters. 2017-12-28. Retrieved 2018-12-11.
- ↑ "Arada secures $270m loans to help fund Sharjah projects". Arabian Business. 2019-05-22. Retrieved 2019-05-22.
- ↑ "Sharjah developer Arada secures $91.7mln loan from two UAE lenders". Zawya. 2019-05-22. Retrieved 2021-01-11.
- ↑ "Arada secures additional Dh250 million funding from Dubai Islamic Bank". Gulf News. 2021-07-11. Retrieved 2021-07-11.
- ↑ "BRIEF-Emaar Hospitality Group and ARADA Join Hands To Launch Three..." Reuters. 2018-04-12. Retrieved 2018-12-11.
- ↑ "Arada delivers more homes as $6.5bn Sharjah mega project takes shape". Arabian Business. 2021-03-30. Retrieved 2021-03-30.
- ↑ "Skateboarding World Championships: Britain's Sky Brown wins park gold". BBC. 2023-02-12. Retrieved 2023-02-12.
- ↑ "Skateboarding Street World championships 2022 in 2023: France's Aurelien Giraud takes men's title". Olympics.com. 2023-02-05. Retrieved 2023-02-05.
- ↑ "Skateboarding Park World Championships 2022 in 2023: All results, scores and medals - complete list". Olympics.com. 2023-03-03. Retrieved 2023-03-03.
- ↑ "Arada delivers more homes as $6.5bn Sharjah mega project takes shape". Arabian Business. 2021-03-30. Retrieved 2021-03-30.
- ↑ "Sharjah developer Arada completes Dh700m student housing complex at Aljada". Arabian Business. 2022-12-29. Retrieved 2022-12-29.
This article "Aljada" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Aljada. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
