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Aldar Properties

Industry News
Source: Emirates 24|7

Aldar Acquires Nine Residential Buildings in Sharjah’s Aljada for AED 1.1 Billion

Aldar Properties has signed an AED 1.1 billion forward purchase agreement with Arada to acquire nine residential buildings in Sharjah's Aljada development. The deal marks Aldar's first real estate investment in Sharjah and covers more than 1,100 units scheduled for handover in Q4 2029. The acquisition expands Aldar's develop-to-hold pipeline across sectors to AED 21 billion.

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