UAE: Dubai-based Gulf Asia Contracting Company has been awarded a US$129.3m contract to build the Vida Aljada Hotel Complex in Sharjah.
Gulf Asia Contracting Company has experience developing projects across the UAE, Qatar and Saudi Arabia.
The development will include a 175-room Vida Aljada Hotel, 255 branded residences and 149 branded serviced apartments.
Developer Arada owns the complex but the hotels and apartments will be operated by Vida Hotels & Resorts.
The Vida Aljada will be the first of three Emaar Hospitality properties planned for Aljada. The other two developments include The Address Aljada and Rove Aljada.
Ahmed Alkhoshaibi, Group CEO of Arada said: “We are confident that Vida Aljada and the further properties we are building in partnership with Emaar Hospitality will set a new benchmark for hospitality in Sharjah, significantly strengthening the tourism sector and adding value to the local economy.”
“This is a major step forward in our mission to provide a world-class lifestyle and facilities for residents and visitors to the Emirate’s most exciting new destination. We have already witnessed extremely strong demand for this complex’s branded residences and serviced apartments, and we look forward to bringing the style, experiences, and quality for which the Vida brand is well known to Aljada.”
The Cheval Collection recently announced its debut in Dubai this year opening its luxury serviced apartments on The Palm Dubai.
