Sharjah developer Arada announced in a statemetnt regarding the award of a contract to build “Nest”, an integrated student housing complex based at its Sharjah megaproject Aljada.
The Project has been awarded to local firm, Intermass Engineering and Contracting Company
The value of signed contract is AED 367 million.
Spread over a 388,000 square foot area, the Nest masterplan has been designed with internal courtyards and spaces that provide meeting spaces for residents.
Each block contains a selection of studios and two-, four-, five- and eight-bed dormitories, alongside laundry rooms, shared TV rooms and study areas.
Nest’s facilities include an art studio, a music hall, a library, a state-of-the-art running track that surrounds the complex, an amphitheatre and a central dining hall, while tenants will also be provided with access to male- and female-only swimming pools, gyms and study areas.
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, the company said in a statement.
Intermass already worked on previous phases at Aljada and at Nasma Residences, Arada’s first project.
Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada, said, “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.
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Read Also: Arada launches $2.1billion Masaar community Project in Sharjah
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