Mon, Mar 13, 2023

Real Estate & Property
Ultra-luxury mansions launched in Sharjah

A limited selection of 36 ultra-luxury mansions have been launched for the first time in Sharjah by Arada, a leading UAE developer.

The project named Sarai is the fifth phase of Arada's woodland megaproject Masaar.

With prices starting from AED20 million ($5.4 million) onwards, the mansions are launched amidst a growing demand for ultra-luxury properties both in Sharjah and across the UAE, stated the developer.

The exclusive Sarai district offers two types of six-bedroom mansions spread over three or four floors, providing increased privacy with all homes offering high-ceiling foyers; expansive terraces and lounges; spacious gardens and English courtyards; basements with home entertainment, gyms and saunas, swimming pools and outdoor sunken areas.

Unveiling the project, Arada said Sarai is favourably located at the centre of the Masaar master plan, with all homes within easy walking distance from Masaar Central, the community hub which features ample entertainment, leisure, wellness and fitness facilities along with direct access to Masaar’s signature forested landscape, outdoor amphitheatre, children’s waterplay area and a skate park. All of these mansions offer separate maid’s, driver’s and storage rooms, it stated.

The largest, four-floor mansion type is equipped with a lift, with the expansive top floor of the home exclusively devoted to a master suite and terrace, it added.

Group CEO Ahmed Alkhoshaibi said: "We launched this exclusive cluster of homes in response to the substantial interest and dramatic increase in demand for high-end homes at Masaar, and we are thrilled to introduce Sharjah’s first ultra-luxury community, targeting high net worth individuals in the UAE and beyond."

Every mansion in Sarai will be completed by the end of 2025, he added.

Valued at AED8 billion ($2.17 billion), the Masaar masterplan features 3,000 homes spread over seven gated districts, all of which are linked by a green spine featuring over 50,000 trees.

Construction is under way on the project’s first three residential districts - Sendian, Kaya and Robinia - and the first homes are scheduled to be delivered later this year.

According to Arada, all homes in the previous four phases have now sold out, with the master-community as a whole now more than two-thirds sold out.

The next milestone for delivery will be the Masaar buffer zone, the border that runs around the outside of the community.

This zone will contain thousands of trees and feature a professional looped cycling track, 6.6 km in length. The Zad food truck district is already up and running with eight F&B brands, as is the Masaar Discovery Center and a children’s playground, it added.

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