7.7
OSNOVA Score /10
Commercial Review · Aljada, Sharjah
Aljada CBD Building 10
ARADA · Grade A offices · Cluster 2
Building 10 is part of Cluster 2 of the Arada Central Business District, the business core of Aljada, a 24 million sq ft mixed-use master plan by ARADA in New Sharjah. The building has 79 offices on six floors, 143,238 sq ft in total, with cafés and restaurants on the ground floor and a green roof terrace. Offices start from 1,124 sq ft at AED 2.455M.
Cluster 2 adds 566,129 sq ft of leasable office space, 50,183 sq ft of retail and F&B, 127,717 sq ft of green space and 1,666 parking spaces. It targets WiredScore Platinum, LEED Silver and SmartScore certification. The district is built around a 'green spine', a forest park with shaded walkways and an amphitheatre, with the Rove Aljada hotel inside the CBD. Cluster 1 was the first development in Sharjah to achieve WiredScore Platinum.
Aljada sits on Airport Road with access to Sheikh Mohammed Bin Zayed Road: a 5-minute walk to Madar, about 10 minutes to Sharjah International Airport, University City, SAIF Zone and City Centre Al Zahia, 25 minutes to Dubai International Airport and 30 minutes to Downtown Dubai.
The case is supply and demand in Sharjah: the emirate has 1.83 million residents (2023), more than 66,000 SMEs and 47,000 students in University City, but almost no modern Grade A office stock. Arada CBD is the first purpose-built Grade A business district in the emirate.
The key feature is the Lease Management Agreement. The developer pays the owner a net fixed annual rent of 8% of the purchase price for 10 years, yearly in arrears, once 100% of the price is paid. During the term the developer leases and manages the office and pays the service charge, utilities and maintenance. If the owner sells during the term, the agreement passes to the buyer.
| Unit | Size, sq ft | From, AED | AED / sq ft |
|---|---|---|---|
| Office, street or podium view | 1,124 to 1,418 | 2,455,000 | 2,176 to 2,192 |
| Office, mid-size | 1,737 to 2,319 | 3,765,000 | 2,128 to 2,182 |
| Office, large, landscape view | 2,660 to 3,107 | 5,655,000 | 2,126 to 2,176 |
Prices from the developer availability list of October 2026, 15 offices available. Building 10 has 79 offices on levels 2 to 7 (143,238 sq ft) and 11,561 sq ft of cafés and restaurants on the ground floor, with basement and podium parking and a green roof terrace. Offices are sold shell and core.
| Stage | Share | AED | Date |
|---|---|---|---|
| Booking | 10% | 245,500 | On booking |
| During construction | 40% | 982,000 | Instalments until handover |
| On handover | 50% | 1,227,500 | 30 June 2028, anticipated |
Calculated on AED 2,455,000 for office CBD10-708 (1,124 sq ft). The plan is marketed as 10/40/50; confirm the instalment dates with the developer. The 8% guaranteed rent starts only after 100% of the price is paid. Registration is with the Sharjah Real Estate Registration Department.
Modelled on a 1,124 sq ft office at an entry of 2,184 AED/sq ft over 1.6 years.
Registration is paid to the Sharjah Real Estate Registration Department; confirm the exact rate at booking. Commercial property carries 5% VAT on the price, recoverable for VAT-registered owners who lease the unit out. During the 10-year lease management term the developer pays the service charge, utilities and maintenance.
Arada CBD is the only Grade A office cluster in Sharjah. Companies that want modern offices in the emirate have few alternatives.
Population growth and new communities in New Sharjah bring companies, clinics and service businesses that need space close to their staff and clients.
ARADA is chaired by Sheikh Sultan bin Ahmed Al Qasimi of Sharjah's ruling family and has launched eleven communities in the UAE.
8% net a year for 10 years, with the service charge and utilities paid by the developer: predictable cash flow regardless of vacancy.
10% on booking and 40% during construction; the remaining 50% falls due at handover.
Price growth here is likely to be moderate. The neutral scenario takes the office from 2,184 to 2,500 AED per sq ft by handover, and resale will compete with later phases of the same district.
The investment case is the contract. On an AED 2.455M office the developer pays AED 196,400 a year net for ten years, with the service charge and utilities on its side. That is predictable income in dirhams from the only Grade A business district in Sharjah, backed by a developer linked to the emirate's ruling family.
Aljada CBD Building 10 suits an investor who wants fixed cash flow and is ready to hold for the full term, not a buyer looking for a quick resale before handover.
In Cluster 2 of the Arada Central Business District in Aljada, New Sharjah, on Airport Road. Sharjah International Airport is about 10 minutes away and Dubai International Airport about 25 minutes.
From AED 2,455,000 for a 1,124 sq ft office, about 2,184 AED per sq ft, according to the developer availability list of October 2026.
Under the developer's Lease Management Agreement the owner receives a net fixed annual rent of 8% of the purchase price for 10 years, paid yearly in arrears. It starts once 100% of the price is paid. The developer leases the office and pays the service charge, utilities and maintenance.
10% on booking, 40% during construction and 50% on handover, anticipated on 30 June 2028.
Disclaimer. This review is independent analysis by OSNOVA Property for informational purposes only and does not constitute investment, financial, tax or legal advice. Pricing, payment plans, handover dates and yields reflect developer marketing material and OSNOVA modelling at the time of writing and are subject to change. Capital appreciation scenarios are illustrative projections, not guarantees. Renderings are artistic impressions by the developer. Verify all figures directly with the developer and the Sharjah Real Estate Registration Department before entering any transaction. OSNOVA Property may act as a buyer's or sell-side agent.