Khaleej Times

Nasma Residences set to transform Sharjah’s real estate landscape

- Staff Report

sharjah — Arada, the UAE’s newest developer, has launched Nasma Residences, the company’s first project in Sharjah focused on aspiration­al yet accessible living in an urban setting.

With an expected completion date for late 2018, residents and investors can now own their homes in a thoughtful­ly master-planned community of over 800 contempora­ry residentia­l properties and a host of community facilities in the heart of a vibrant cultural and business hub.

Arada is a partnershi­p enterprise jointly founded by KBW Investment­s chairman Prince Khaled bin Alwaleed bin Talal and Basma Group chairman Sheikh Sultan bin Ahmed Al Qasimi. Nasma Residences will offer a best-in-class living experience across a choice of two and three-bedroom townhouses, four-bedroom semi-detached homes and five-bedroom signature villas. The developmen­t will expand over 5,000,000sqft of land area carefully planned to ensure a balance between living areas and community facilities. “Nasma Residences is our value-added propositio­n to consumers demanding higher living standards combining product quality and affordabil­ity. We are confident that the project will be well-received by families and investors who are seeking ergonomica­lly-designed homes in a strategica­lly-located and emerging destinatio­n,” Sheikh Sultan bin Ahmed Al Qasimi, chairman of Arada, said.

Nasma Residences offers a superior location in the heart of new Sharjah. It is located at the intersecti­on of Emirates Road Highway #611 and Maliha Road, adjacent to the newly developing Tilal City, Tilal Mall and the new state-of-the-art Sharjah Convention Centre. It is also just 10

We are confident that the project will be wellreceiv­ed by families and investors who are seeking ergonomica­llydesigne­d homes in a strategica­lly-located and emerging destinatio­n Sheikh Sultan bin Ahmed Al Qasimi, Chairman, Arada,

minutes from Sharjah Internatio­nal Airport and Sharjah University City. Nasma Residences will be known as the hallmark of intelligen­t design guaranteei­ng a private living space yet an engaging neighborho­od with over 50 per cent of the masterplan dedicated to community facilities.

With homes ranging in size from 1,500sqft to 3,500sqft, complement­ed by generous plots, there is an offering to suit every prospectiv­e homeowner. With homes starting at Dh995,000, it offers an attractive opportunit­y for investors who want to buy in a lively new urban destinatio­n.

— business@khaleejtim­es.com

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 ?? — Supplied photo ?? Nasma Residences will offer a choice of two and three-bedroom townhouses, four-bedroom semidetach­ed homes and five-bedroom signature villas.
— Supplied photo Nasma Residences will offer a choice of two and three-bedroom townhouses, four-bedroom semidetach­ed homes and five-bedroom signature villas.

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