Al-Dar buys 9 buildings from Arad for 1.1B dirhams
Al Dar Group announced its acquisition of nine residential buildings in the Aljada area of Sharjah from Arad Company, at a cost of 1.1 billion AED. This marks their first real estate investment in the emirate. The complexes include over 1,100 residential units and represent an important step in Dar’s expansion into the residential real estate market in Sharjah, with the project expected to be completed in the last quarter of 2029. This deal is part of Dar’s ongoing portfolio development, which currently includes more than 8,800 units. Aljada is one of the most prominent mixed-use developments in the region, characterized by a strategic location and comprehensive facilities that cater to the needs of residents and tenants.
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