Close Menu
economyarab.comeconomyarab.com
    What's Hot

    Snowflake, Databricks challenger Clickhouse hits $15B valuation

    January 16, 2026

    The AI healthcare gold rush is here

    January 16, 2026

    The rise of ‘micro’ apps: non-developers are writing apps instead of buying them

    January 16, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    economyarab.comeconomyarab.com
    Subscribe
    • Home
    • Economy
    • Market
    • Finance
    • Startups
    • Interviews
    • Magazine
    • Arab 100
    economyarab.comeconomyarab.com
    Home » Arada awards AED 618mn contract for Anantara Sharjah Residences and Resort
    Arab 100

    Arada awards AED 618mn contract for Anantara Sharjah Residences and Resort

    Arabian Media staffBy Arabian Media staffAugust 7, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Arada has awarded an AED 618 million construction contract for the development of Anantara Sharjah Resort and Anantara Sharjah Residences, a luxury seafront destination on Al Heera Beach in Sharjah.

    Intermass Engineering & Contracting has been appointed to undertake the works over a 24-month construction period.

    Preliminary enabling and foundation works have already been completed, with construction activity now progressing on site. The development will comprise a luxury Anantara hotel alongside 128 branded residences.

    Owned and developed by Arada and operated by Minor Hotels, the Anantara Sharjah Residences and Resort will feature distinctive architecture including a signature gateway designed to trace the path of the sun.

    The complex is located on the north-eastern edge of Al Heerah Beach, a popular tourist area with 3.5 kilometres of beachfront featuring jogging and cycling tracks as well as diverse dining options.

    Ahmed Alkhoshaibi, Group CEO of Arada, said: “This contract will bring one of Sharjah’s most distinctive luxury destinations to life on the coast of the Arabian Gulf. With its exceptional architecture and beachfront setting, the Anantara Sharjah complex will elevate the emirate’s appeal to international travellers and discerning homeowners.”

    The branded residences will range from one- to four-bedroom units, including duplex penthouses with rooftop pools and private balconies. All units will feature high-quality flooring, stylish work surfaces, premium white goods, generous living spaces, and floor-to-ceiling windows opening onto balconies with impressive views.

    Shared amenities will include five signature restaurants, a beachfront infinity pool, the Anantara Spa, a kids’ club, meeting rooms, an events hall, and separate male and female gyms.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleBuyers’ strike by international investors for U.S. equities is over: JPMorgan
    Next Article Fed chief candidate gins up new conspiracy on data quality — this time on GDP
    Arabian Media staff
    • Website

    Related Posts

    ADNOC signs 15-year LNG supply deal with IndianOil worth 1 million tonnes annually

    August 27, 2025

    Abu Dhabi’s Lunate expands into hedge fund with Brevan Howard partnership

    August 27, 2025

    EXCLUSIVE: Will Fortnite kill football? Ex-Liverpool CEO talks gaming, sports and Saudi Arabia

    August 27, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    Economy Arab is your window into the pulse of the Arab world’s economy — where business meets culture, and ambition drives innovation.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    @2025 copyright by Arabian Media Group
    • Home
    • About Us

    Type above and press Enter to search. Press Esc to cancel.