Construction work on Phase 1 of Sharjah community now 60% complete
Developer opens first Show Home to prospective homebuyers onsite
Record-breaking development is now two thirds sold out
ARADA has announced that construction in Phase 1 of its record-breaking community, Nasma Residences, is now 60% complete, as it gears up to start handing over units at the end of this year. In addition, the finishing touches have been put to the development’s first completed property, a semi-detached villa, which is now open to the public as a Show Home.
The Show Home will be located on the north-eastern corner of Nasma Residences, adjacent to a pop-up sales centre and a viewing platform that will allow interested buyers to view the whole of the 5 million square foot community. It is now open between Saturdays and Thursdays between 9am and 6pm.
HE Sheikh Sultan bin Ahmed Al Qasimi, Chairman of ARADA, said: “The opening of this Show Home – which doubles up as our first completed property – is the perfect way to show that ARADA is delivering on its promises. We believe this will give potential homebuyers a unique opportunity to see, touch and enjoy the incredible living experience we are creating at Nasma Residences.”
The rapid construction progress in Phase 1 of Nasma Residences has been matched in Phase 2, where development is now 20% complete. Meanwhile, work on Nasma Square, the 6,500 square foot shopping mall for the community, has reached the project’s first floor, and is expected be completed by the end of this year. ARADA has also confirmed that over 500 homes have now been purchased at the community, which is now almost two thirds sold out.
The news follows the launch of Phase 4 sales in July, which also saw the introduction of the Bareem Townhouses, a stylish collection of competitively priced two- and three-bedroom homes at the project.
Launched in March 2017, Nasma Residences sold out the first of the community’s five phases in less than a month, making it the fastest-selling residential real estate project in Sharjah. It has been carefully planned to ensure a balance between living areas and community facilities. In total, Nasma Residences contains more than 800 homes, as well as Nasma Square, a fully fledged community centre, and a GEMS international school.
The development also makes use of lush green spaces, including a 13-acre landscaped destination park that incorporates cycling and jogging tracks, as well as large play areas, and two smaller public parks. The entire project is scheduled to be completed by the end of 2019.
Nasma Residences offers a superior location in the heart of one of Sharjah’s most energetic and fast-growing areas. It is located at the intersection of Emirates Road (E611) and Maliha Road, adjacent to the newly developing Tilal City, Tilal Mall and the recently announced Sharjah Botanic Garden. It is also just 15 minutes from Sharjah International Airport and Sharjah University City. The location is ideal for a convenient and traffic-free commute from Sharjah to Dubai or the Northern Emirates.
With homes ranging in size from 1,400 sq. ft. to 4,400 sq. ft., complemented by generous plots, there is an offering to suit every prospective homeowner. Starting from AED 899,000, Nasma Residences offers an attractive opportunity for investors who want to buy in a lively new urban destination.
Interested buyers may find out more about Nasma Residences by visiting the ARADA sales centre located at the Badriyah Ballroom, Radisson Blu Sharjah, from 10:00am to 7:00pm Saturday-Thursday.