Phase one sold out in less than a month, and is scheduled for completion in late 2018
Following the rapid sellout of phase one of its Nasma Residences project in Sharjah, UAE, property developer ARADA has announced the second phase of the development. Phase two offers two and three bedroom townhouses, four bedroom semi-detached villas and, for the first time, a five-bedroom Signature Villa. The UAE-based developer also announced that construction of the 6,500 sq ft Nasma Square mall will begin in July of this year. Speaking about the launch, ARADA’s Chairman, Sheikh Sultan bin Ahmed Al Qasimi, said: “We are delighted to see strong interest from end users in Nasma Residences. This is confirmation not only of the community’s excellent location and product choice, but also of the outstanding amenities that our residents will be able to enjoy, once Nasma Residences is complete. We also see this as a strong indication of investor confidence in Sharjah itself, largely thanks to the government’s efforts to encourage more urban communities with large green spaces.”