Leading UAE developers Aldar and Arada have announced a landmark strategic partnership comprising major development opportunities on Yas Island and at Seih Sdeirah in Abu Dhabi, representing a combined value of approximately AED15 billion ($4.1 billion).
UAE-based Arada has submitted a series of planning applications to the London Borough of Newham to advance the delivery of its AED12 billion ($3.26 billion) Thameside West project with proposals that would unlock the delivery of affordable housing and connect the area between the Thames and Royal Docks for the first time.
Arada, one of the world’s fastest-growing master developers, has announced its entry into the Syria through a joint venture with the state-owned Syrian Sovereign Fund. The joint venture’s first project will be the development of a major new fully integrated city on a four million square metre site west of Damascus.
UAE developer Arada has unveiled plans to build a twin-tower residential project at a prime site on the Gold Coast in Australia’s Queensland at a total investment of AED5 billion ($1.36 billion). The Plus Studio-designed scheme will feature 952 homes with a mix of one- to three bedroom units.
Global master developer Arada will launch Arada Capital, a new funds management platform to develop and manage institutional-grade investment opportunities across real estate asset classes in the Middle East and selected international markets.
Leading master developer Arada has announced that it has awarded leading architecture firm Gensler, global built environment consultancy Arup and landscape architects Planit for the first phase of Thameside West, a 5,000-home waterfront development in East London.
ECC Contracting has announced the strongest project acquisition quarter in its history, securing three major construction contracts across Dubai with a combined value of AED4.73 billion ($1.29 billion) in the second quarter of this year.
Leading UAE developer Arada has begun the pre-launch phase at 100 Avenue Road, a new residential development in North West London. Set for completion in Q4 2028, the 172-storey apartment building features a mix of studios to three bed-room apartments along with premium amenities.
Investcorp Capital today announced that it has reached an agreement to sell Reem Hospital, a leading Abu Dhabi-based multi-specialty and post-acute rehabilitation healthcare provider, to Arada, the UAE-based master developer, in a notable private healthcare investment.
Arada has acquired a significant controlling stake in Reem Hospital, the Abu Dhabi-based healthcare provider, in a move that marks the master developer's entry into the healthcare sector and accelerates its ambition to build one of the region's most comprehensive integrated wellness ecosystems.
