Sharjah, UAE – Arada, one of the UAE’s leading developers, sold out the first two phases of Masaar 3 in Sharjah within hours of their release on Sunday, underlining continued investor demand for suburban communities.
The sale of 1,051 homes worth AED3.6 billion ($980 million) highlights strong confidence in the Masaar brand, which has emerged as the UAE’s bestselling suburban development.
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. While we regret that some buyers were unable to secure a home this time, we are preparing further inventory for release in October as the next phases of Masaar 3 come to market.”
Expanding Forest Community
Masaar 3, the latest and largest chapter in Arada’s landmark forested masterplan, will feature 4,000 villas and townhouses valued at AED12.5 billion. The project continues the developer’s focus on abundant green spaces, wellness amenities, and smart-home integration.
Also read: Binghatti Holding IPO in Dubai Gains Momentum Amid Real Estate Boom
When complete, the three Masaar communities will deliver 9,000 homes valued at AED28 billion.
Unveiled last month, Masaar 3 spans 21 million square feet and will include eight gated neighbourhoods. The community’s central green spine, planted with over 100,000 trees, will connect residents to leisure, wellness, and retail offerings.
Lifestyle and Connectivity
Amenities include a lagoon with landscaped waterfalls, jogging and cycling tracks, padel and basketball courts, a dedicated gym and café, as well as a retail and F&B hub. All homes come equipped with smart systems and premium appliances.
Located in Sharjah’s Rowdat district, Masaar 3 sits between Masaar 2 and a fast-growing schools district. The community is also close to Tilal City and Sharjah Mosque, with direct access to Khorfakkan Road and proximity to Emirates Road (E611). Sharjah International Airport is a 15-minute drive, while Dubai International Airport is just 30 minutes away.
Investor Interest and Indian Buyers
The rapid sellout underlines sustained appetite from both local and international buyers. For Indian investors, Masaar 3 in Sharjah presents a competitive entry point compared to Dubai’s premium markets, offering long-term capital growth as well as attractive rental yields driven by Sharjah’s growing population and education hubs.
With connectivity to Dubai and affordability relative to Dubai’s urban districts, Sharjah’s masterplanned communities are gaining visibility among Indian expatriates and investors seeking diversified real estate portfolios in the UAE.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.