Sharjah-based master developer, Arada has awarded a major contract to build the four buildings in the Vida Aljada hotel complex, which is located at the Aljada megaproject in the emirate.
The company said in a statement that the contract will result in the construction of the 175-room Vida Aljada hotel, as well as 255 branded residences and 149 branded serviced apartments.
Valued at $129 million (AED475 million), the contract to build the four buildings was awarded to Gulf Asia Contracting Company (GAC), a Dubai-based contractor with extensive civil and industrial construction experience across the UAE, Saudi Arabia, and Qatar.
Ahmed Alkhoshaibi CEO – Arada
“We are confident that Vida Aljada and the further properties we are building in partnership with Emaar Hospitality will set a new benchmark for hospitality in Sharjah, significantly strengthening the tourism sector and adding value to the local economy. This is a major step forward in our mission to provide a world-class lifestyle and facilities for residents and visitors to the Emirate’s most exciting new destination. We have already witnessed extremely strong demand for this complex’s branded residences and serviced apartments, and we look forward to bringing the style, experiences, and quality for which the Vida brand is well known to Aljada.”
Owned and developed by Arada and operated by Vida Hotels & Resorts, the Vida Aljada is the first of three Emaar Hospitality properties that will be built at Aljada, which include The Address Aljada and Rove Aljada. Arada stated that “the work on the Vida Aljada complex will begin immediately and is scheduled to take 30 months.”
The Vida Aljada complex is superbly located along a lush green tree-lined boulevard that contains multiple shopping and dining experiences. The four buildings form part of Naseej District, a new cultural neighborhood that also contains a world-class museum and makers’ district.
The Vida Aljada hotel and Vida Residences Aljada buildings focus on bold, modern social spaces in line with their sister properties in Dubai and the Vida Hotels and Resorts brand, the company added.
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