Staff Report
Dubai, UAE
Arada, one of Sharjah’s top developers, has announced the sell-out of the first two phases of Masaar 3, the latest and largest master plan of its landmark forest community in Sharjah, within hours of their launch on Sunday. As many as 1,051 homes in Dana and Lareen districts worth Dh3.6 billion were sold, underscoring high demand for biophilic real estate in Sharjah. The phase launch follows the sell-out of all 2,000 homes in Masaar 2 earlier this year.
Valued at Dh12.5 billion, Masaar 3 features 4,000 villas and townhouses in addition to an array of amenities and green spaces. It is the third addition to Arada’s Dh28 billion Masaar portfolio, which encompasses 9,000 homes. The first lot of units are scheduled for completion in 2027.
Ahmed Alkhoshaibi, Group CEO of Arada, said, “The impressive sales performance of Masaar is entirely built on trust. With half of the original community already delivered, buyers know exactly what they are purchasing and the lifestyle they can expect.
“For Masaar 3, we deliberately released only two phases at launch, which meant demand far exceeded available supply. We are preparing further inventory for release in October as the next phases of Masaar 3 come to market.”
Unveiled last month, Masaar 3 spans 21 million square feet with eight gated neighbourhoods. The community’s extensive green spine, planted with over 100,000 trees, runs through the heart of the development and connects each residential district to a wide range of wellness, leisure, and retail facilities.
Amenities at Masaar 3 include a central lagoon with landscaped waterfalls, jogging and cycling tracks, padel and basketball courts, a gym and café, as well as a community hub with retail and F&B outlets. All homes are equipped with smart systems and premium appliances as standard.
Based in the Rowdat district of Sharjah, Masaar 3 is ideally located between Masaar 2 and a fast-growing schools district, already home to two operational large-scale schools.
Masaar 3 is also close to the original Masaar community, Tilal City, and Sharjah Mosque, and offers excellent connectivity, with direct access to Khorfakkan Road, and proximity to Emirates Road (E611). Sharjah International Airport is 15 minutes away and Dubai International Airport is just 30 minutes away by car.
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Also read: Arada introduces Masaar 3, its largest forest community so far
