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Home » Arada Raises 108 Million for Rove Aljada Hotel Project

Arada Raises 108 Million for Rove Aljada Hotel Project

In a significant move for the Sharjah real estate market, Arada has announced the awarding of a substantial contract valued at AED397 million (approximately $108 million) for the construction of the Rove Aljada hotel and residences. This project is a pivotal part of the expansive AED35 billion ($9.5 billion) Aljada megaproject, aimed at transforming the landscape of hospitality and living in Sharjah.

The contract was awarded to Modern Building Contracting Company (MBCC), which will begin construction immediately.

Completion is scheduled for December 2027, marking another major milestone in Sharjah’s largest mixed-use development.

Rove Aljada in Sharjah

Conveniently located adjacent to the upcoming Arada Central Business District (CBD) and Madar Mall, the Rove Aljada cluster will consist of four interconnected blocks that feature both hotel accommodations and branded residential offerings.

The Rove Aljada hotel will boast 192 rooms, along with a rooftop swimming pool, co-working spaces, a 24-hour gym, and an all-day dining restaurant among its extensive amenities.

In addition, Rove Home Aljada will present 306 branded residences and serviced apartments, featuring one-, two-, and three-bedroom layouts characterized by a vibrant, contemporary design.

Facilities associated with Rove Home Aljada will include a private gym, swimming pool, café, restaurant, co-working areas, and ground-floor retail outlets, ensuring a comprehensive living experience.

‘World-class amenities’

Commenting on the announcement, Ahmed Alkhoshaibi, Group CEO of Arada, stated: “We are absolutely committed to delivering world-class amenities to support the growth of this transformational new destination, and this contract award is further evidence of that.”

“With the introduction of Rove’s fresh and dynamic hospitality concept, we are responding to rising demand from both business and leisure travelers seeking smart, connected, and design-led experiences in Sharjah.”

The Rove Aljada development aligns with Arada’s vision of establishing the Aljada megaproject as Sharjah’s premier destination for living, business, and leisure, highlighting the significance of this initiative in the overall growth of Sharjah real estate.

Aljada Development

Upon its completion, Aljada will encompass residential communities, commercial spaces, entertainment hubs, hotels, and educational facilities within a strategically integrated urban master plan, continuing to attract significant investment to Sharjah’s economy.

The Rove brand, celebrated for its youthful design and tech-driven hospitality model, will enhance Aljada’s allure for next-generation travelers and residents looking for modern, lifestyle-oriented experiences.

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