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Aldar enters Sharjah with Dh1.1bn residential acquisition

Aldar , Abu Dhabi ’s biggest listed developer, has agreed to acquire more than 1,100 homes in Sharjah from Arada for Dh1.1 billion ($290 million), its first real estate investment in the emirate as it expand its income-generating property portfolio. The forward-purchase agreement covers nine buildings within three residential blocks at Aljada, Arada’s flagship mixed-use development, with delivery…

Aldar enters Sharjah with Dh1.1bn residential acquisition

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