What is the latest status of the project “Sharjah Central Business District Phase I”?

The status recorded for “Sharjah Central Business District Phase I” is under construction.

What is the budget and commercial profile for the project “Sharjah Central Business District Phase I”?

Taiyo normalizes the budget of “Sharjah Central Business District Phase I” to USD 164000000.

Where can I verify the source and access all details for “Sharjah Central Business District Phase I”?

This Taiyo project page references ZAWYA along with the original URL (https://www.zawya.com/en/business/real-estate/arada-wins-sharjah-central-business-district-phase-i-contract-fowyfmby). Taiyo standardizes official data into a consistent, searchable project profile.

Sharjah Central Business District Phase I

Sector: Commercial • Location: Sharjah, United Arab Emirates

Source: ZAWYA

Project

Under Construction

Arada has awarded a contract for the construction of Phase I of the Sharjah Central Business District (CBD), which is part of the AED35 billion Aljada megaproject. The contract, valued at AED604 million ($164 million), will see the construction of eight smart blocks, including Arada's headquarters, with completion expected in the first quarter of 2027.

Status: Under Construction
Sector: Commercial, Residential
Location: Sharjah, United Arab Emirates
Updated: 22 Jul 2026
Source: ZAWYA

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Project Information

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The project “Sharjah Central Business District Phase I” is an infrastructure initiative in the Commercial sector, located in Sharjah, Sharjah, United Arab Emirates. Taiyo aggregates data on it from ZAWYA.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Arada has awarded a contract for the construction of Phase I of the Sharjah Central Business District (CBD), which is part of the AED35 billion Aljada megaproject. The contract, valued at AED604 million ($164 million), will see the construction of eight smart blocks, including Arada's headquarters, with completion expected in the first quarter of 2027.
Original sector	Real Estate
Budget

Location

Country	United Arab Emirates (UAE)
State	Sharjah
City	Sharjah

Source

Source	ZAWYA
URL

More Details

Record type	Project
Sector	Commercial, Residential
Article published date	2025-03-09

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Sharjah Central Business District Phase I

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