UAE’s leading master-developer Arada has awarded a $100 million (AED367 million) worth contract for the construction of “Nest”, an integrated student housing complex based at its mega-development project, Aljada in Sharjah.
The contract was won by Intermass Engineering and Contracting Company, a Sharjah-based construction firm with more than 40 years’ experience in the regional market. The company has also worked on previous phases at Aljada and Nasma Residences, Arada’s first project.
Arada said in a statement that the work on the 12 five-storey apartment blocks at Nest will begin immediately, and the first units will be handed over in the second quarter of 2022.
Sheikh Sultan bin Ahmed Al Qasimi Chairman – Arada
“This contract award is evidence of our determination to push forward aggressively with construction at Aljada safely and securely, and I am pleased to see that our project and contractor teams have reached another safety milestone in recent days. The Nest community fits perfectly with Sharjah’s mission to provide a progressive and all-round educational experience for students from the UAE and around the world. We have an ambitious program at this transformational community during the course of 2021 and look forward to delivering an exceptional experience for a new generation of students in Sharjah.”
The Nest masterplan, spread over a 388,000 square foot area, has been designed with internal courtyards and spaces that provide residents with meeting spaces. Each block involves a selection of studios and two-, four-, five- and eight-bed dormitories, alongside laundry rooms, shared TV rooms, and study areas.
Nest’s key facilities also include an art studio, a music hall, a library, a state-of-the-art running track that surrounds the complex, an amphitheater, a central dining hall and so on.
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