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.
Leading Sharjah developer Arada has signed up Parkin Company, the largest provider of paid public parking facilities in Dubai, as the sole operator at its mega Aljada project. Under this it will manage a mixed portfolio of on‑street, off‑street and building parking assets, including malls and residential buildings.
Leading UAE developer Arada has announced the handover of its first residential homes at Sharjah’s newest lifestyle and hospitality destination - Vida Residences Aljada. A four-building complex, Vida Aljada features 255 branded residences, 149 serviced apartments and 175-key hotel.