Sharjah, United Arab Emirates-based developer Arada sold 652 homes worth 545 million dirhams at the 2018 Cityscape Global event, marking a 42% boost compared to sales at the event in 2017, Arabian Business reported.
The US$6.8 billion Aljada project was launched in 2017 as the city's largest mixed-use development.
The company revealed the final masterplan for Aljada's 1.9 million-square-foot Central Hub and launched the Sarab Community that will have 109 townhouses and villas near Central Hub, according to the Oct. 9 report.
The Aljada project is slated to be delivered in phases beginning in 2019 with completion expected in 2025, according to an earlier report.
As of Oct. 9, US$1 was equivalent to 3.67 UAE dirhams.