Arada Awards AED2.7 Billion Contracts to Accelerate Delivery of Sharjah’s Masaar 2 Forest Community
Saturday, 6 December 2025
Arada has awarded AED2.7 billion ($735 million) in construction, infrastructure, and design contracts for Masaar 2, the second phase of Sharjah’s acclaimed woodland megaproject. The development will deliver 1,997 new homes with completion targeted for mid-2028.
Key Highlights:
Massive Contract Awards for Masaar 2
- Arada finalises AED2.7 billion ($735 million) in contracts for the forested megaproject.
- Package includes 1,997 homes across four phases.
- Contracts cover construction, infrastructure, design, and full consultancy services.
Leading Contractors & Consultants Appointed
- Intermass to construct phases 1, 3, and 4; Pivot Engineering to deliver phase 2.
- First handovers scheduled for 2027, with full completion by June 2028.
- Design and supervision by Dewan Architects + Engineers, CRTKL, Parsons Overseas, and DAR.
Nature-Focused Master Community
- Masaar 2 sits on 10.5 million sq ft with wellness-centric features.
- Infrastructure includes a swimmable forest lagoon, green walkways, and recreation areas.
- Community anchored by a lush green spine with 40,000 trees.
Strong Market Demand
- Masaar 2 sold out within hours of launch in early 2025, generating AED5.6 billion in sales.
- Highlights the rising appeal of Sharjah’s premium, nature-oriented living environments.
- Follows the success of Masaar 1, where half of the 3,000 homes have already been handed over.
Expanding Masterplan
- Masaar 3 launched in September, the largest in the series with 4,000 homes across eight phases.
- Entire Masaar community emerging as one of the region’s most in-demand residential concepts.
Rapid Development Timeline
- Masaar 2 targeted to become one of the UAE’s fastest-delivered master communities.
- CEO Ahmed Alkhoshaibi highlights commitment to on-time delivery and world-class standards.
