Gulf News: Sharjah’s Dh24b development sticks to tight construction plans

07 February 2018

Gulf News: 7 February, 2018 

Dubai: The developer behind what is to be Sharjah’s biggest private sector development — at Dh24 billion it sure is massive — does not believe in waiting around to reach project milestones. The plan is to have the first residents move into “Aljada” by the end of next year.

What makes the target interesting in itself is that the main contractor for the first phase of residential works is to be announced and work to begin by March. The CEO at Arada, Ahmad Al Khoshaibi, is not unduly fazed by the tight project timelines it has set for itself.

One of the issues we find in the region is that developers promise a lot,” said Alkhoshaibi. “Our guidelines are straightforward — if we show something in our marketing brochures, we need to deliver give it to the buyers. We don’t want situations where the renderings show something and then when it is finished, the feature is not included or lacks in quality."

“Most construction delays are related to cash flow problems at the developers. If the bureaucratic delays are eliminated, any developer can make the payments on time."

“We speak to the contractors and 70 per cent say they can deliver to our schedules, which is to finish the whole development in seven to eight years. A lot of contractors are as yet not being utilised to a very high percentage.

Aljada takes up what has been billed as the last untouched piece of land — 2.2 million square metres — in the centre of the emirate, with landmarks such as the SAIF Zone, the American University and the airport as its immediate neighbours.

Read the full article here