A UAE master developer

Arada was established in 2017 and develops large-scale communities and branded residences. Its eleven UAE developments span master communities and branded towers — among them Aljada, the Masaar series and Nasma Residences in Sharjah, and Armani Beach Residences at Palm Jumeirah, W Residences at Dubai Harbour and Jouri Hills at Jumeirah Golf Estates in Dubai.

Arada reported in January 2026 that it had launched 11 UAE projects and delivered more than 10,000 homes; its corporate presentation of February 2026 raised that counter to 15,000 units delivered against 9,600 under construction. Both are the company’s own counters, a month apart, and the two categories are published separately rather than added together.

Current programme

Masaar 2 comprises 1,997 homes across four phases, while Masaar 3 is planned as a forest community of 4,000 villas and townhouses across eight districts. W Residences at Dubai Harbour brings more than 400 branded homes across three towers. Internationally, Arada agreed to acquire an 80% stake in London's Thameside West masterplan in November 2025.

GRAF project pages currently cover Arada CBD at Aljada, Inaura Downtown and Akala in Zabeel 2.

Sources

Company and project facts: 2025 sales and delivery results, Masaar 2 contracts and Masaar 3 launch.

Large-scale communities and branded residences in the UAE

Master developerCommunitiesBranded residencesUae

Who owns Arada?

Arada Developments LLC is privately held by two companies. Note 1 of its KPMG-audited consolidated financial statements for 2025 records CORP KBW Investments LLC with 1,080,000 shares, or 60 per cent, and Basma Group LLC SP with 720,000 shares, or 40 per cent. The same note states that CORP KBW Investments LLC is wholly owned by H.R.H. Prince Khalid Bin Al Waleed Bin Talal Bin AbdulAziz Al Saud, and that Basma Group LLC SP is wholly owned by H.H. Sheikh Sultan Ahmed Sultan Al Qasimi. The interim statements repeat the same register for 30 June 2026. The offering circular filed with the London Stock Exchange in June 2022 gives the same 60/40 split. The shares are not listed.

Source: Arada Developments LLC — audited consolidated financial statements, 31 December 2025 · Arada Sukuk Limited — offering circular, London Stock Exchange, 6 June 2022

Track record

Buildings that made the name

  1. 01 Nasma Residences Arada's first community, launched in Sharjah in March 2017. 1,100 villas and townhouses over 5 million sq ft. All six phases are complete and handed over, and Nasma Central was completed in May 2021. 2017 completed
  2. 02 Aljada Launched in September 2017 in Sharjah. 24 million sq ft, 25,000 units, AED 35bn of sales value. The first homes were handed over at the start of 2021. 2017 completed
  3. 03 Madar at Aljada A 1.9 million sq ft retail and entertainment district designed by Zaha Hadid Architects. It opened in 2020 and drew more than a million visitors in its first year. 2020 completed
  4. 04 Masaar Launched in January 2021 in the Suyoh district of Sharjah. 3,000 homes over 19 million sq ft, linked by a green spine holding more than 50,000 trees. 2021 completed
  5. 05 Jouri Hills at Jumeirah Golf Estates Arada's first Dubai project, launched in November 2022. 294 villas and townhouses worth AED 2bn. 2022 completed
  6. 06 Masaar Sendian The first 430 homes at Masaar were completed and entered handover, announced on 18 January 2024. 2024 completed
  7. 07 Nest Hotel Aljada Arada's own hotel brand opened in December 2025 with 431 rooms across two buildings. 2025 completed

Arada track record

Units delivered
15,000
Company counter, corporate presentation, February 2026
Units under construction
9,600
Company counter, same document, reported separately
Developments launched in the UAE
Eleven
Six in Sharjah, five in Dubai
Value of projects under development
AED 130bn
Company figure, February 2026

Delivered and under-construction unit counts are Arada's own, printed as two separate counters in its corporate presentation of February 2026.They are reported separately here and are not added together.

What Arada is known for

Units delivered
15,000 (company counter, February 2026)
Units under construction
9,600, counted separately
UAE developments launched
11 since 2017
FY2025 revenue
AED 6.07bn, audited by KPMG
2025 UAE sales
AED 17.3bn across 5,140 homes
Sukuk listed
USD 1.5bn on Nasdaq Dubai and the LSE

Financials, FY2025

Revenue
AED 6.07bn (2024: AED 3.94bn)
Profit before tax
AED 1.16bn
Profit after tax
AED 1.08bn
Total assets
AED 21.31bn (2024: AED 15.05bn)
Total equity
AED 3.79bn
Sukuk outstanding
AED 5.20bn

Source: Arada Developments LLC — audited consolidated financial statements, year ended 31 December 2025, KPMG, authorised 27 April 2026

Ever since its launch, Masaar has been one of the bestselling projects in the UAE, with buyers drawn to its beautiful woodlands, nature-inspired architecture and world-class amenities. We promised that Masaar would set a new standard of living for both Sharjah and the UAE, and today, we are immensely proud to be able to deliver on that promise, welcoming the first homeowners into this wonderful community.
Prince Khaled bin Alwaleed bin Talal Vice Chairman, Arada Emirates News Agency (WAM), 18 January 2024

Where Arada builds

Current projects via GRAF

How Arada differs from other Dubai developers

Arada is a private company that reports like a listed one. Its two shareholders are named in the audited accounts with their exact percentages, and its annual and half-year statements are published in full.

Both shareholders are named, with percentages
The audited accounts record CORP KBW Investments LLC at 60% and Basma Group LLC SP at 40%, and name the individual owner behind each company.
It began in Sharjah, not Dubai
Nasma Residences launched in March 2017 and Aljada in September 2017, both in Sharjah. The first Dubai project, Jouri Hills, came in November 2022.
Audited accounts are published although the shares are private
KPMG Lower Gulf audits the annual statements, and reviewed half-year statements are published as well. Both go online in full.
The debt is listed even though the shares are not
Arada Sukuk Limited and Arada Sukuk 2 Limited issue trust certificates listed on the London Stock Exchange and Nasdaq Dubai, USD 1.5bn outstanding.
The group runs more than development
Schools, gyms, hotels, student housing and F&B sit alongside the development business, reorganised into six verticals under Arada Group in May 2026.
It develops outside the UAE
Australia from 2024, with a Sydney base, and the United Kingdom from 2025, through a 75% stake in Regal and an 80% stake in Thameside West.
Why GRAF recommends Arada

Arada suits a buyer who wants the shareholders and the delivery record on paper, across a portfolio that runs from Sharjah master-planned communities such as Aljada and Masaar to branded towers in Dubai.

What the record shows
  1. The ownership answer is audited, not inferredNote 1 of the 2025 accounts gives share counts and percentages for both shareholders and names the individual owner behind each holding company.
  2. Delivered and under-construction work is counted separatelyThe company publishes 15,000 units delivered and 9,600 under construction as two figures, so the completed record can be read on its own.
  3. The accounts are open, twice a yearFY2025 revenue of AED 6.07bn, profit after tax of AED 1.08bn and total assets of AED 21.31bn can be read in the audited statements, and half-year statements follow the same format.

GRAF editorial team

Arada — frequently asked questions

Who owns Arada?

Arada Developments LLC has two shareholders. Its audited 2025 accounts record CORP KBW Investments LLC with 60 per cent, wholly owned by H.R.H. Prince Khalid Bin Al Waleed Bin Talal Bin AbdulAziz Al Saud, and Basma Group LLC SP with 40 per cent, wholly owned by H.H. Sheikh Sultan Ahmed Sultan Al Qasimi. The register was unchanged at 30 June 2026.

Source: Arada Developments LLC — audited consolidated financial statements, 31 December 2025

When was Arada founded and where is it registered?

Arada Developments LLC was incorporated on 22 January 2017 and is registered as a limited liability company in the Emirate of Sharjah, with a registered office at P.O. Box 2680, Sharjah. Its first community, Nasma Residences, was launched in Sharjah in March 2017.

Source: Arada Sukuk Limited — offering circular, London Stock Exchange, 6 June 2022

How many homes has Arada delivered?

Arada's corporate presentation of February 2026 gives 15,000 units delivered and 9,600 units under construction, printed as two separate counters. The two figures cover different work and are not added together.

Source: Arada — corporate presentation, February 2026

Is Arada a Sharjah developer or a Dubai developer?

Both. The company is registered in Sharjah and built its first communities there, Nasma Residences in March 2017 and Aljada in September 2017. Its first Dubai project, Jouri Hills at Jumeirah Golf Estates, was launched in November 2022, and Armani Beach Residences, W Residences at Dubai Harbour, Akala and Inaura Downtown followed.

Source: The National — Arada launches $544m project in Dubai, 21 November 2022

Does Arada publish financial results?

Yes. Arada Developments LLC publishes KPMG-audited annual statements and reviewed half-year statements. For 2025 it reported revenue of AED 6.07 billion, profit after tax of AED 1.08 billion, total assets of AED 21.31 billion and total equity of AED 3.79 billion. A separate January 2026 release reported group revenue of AED 6.7 billion on a wider group scope.

Source: Arada Developments LLC — audited consolidated financial statements, 31 December 2025

Is Arada listed on a stock exchange?

Its shares are not listed. Its debt is. Two Cayman Islands issuers, Arada Sukuk Limited and Arada Sukuk 2 Limited, have issued trust certificates listed on the London Stock Exchange and Nasdaq Dubai, USD 1.5 billion outstanding across three transactions. The most recent, USD 450 million at a profit rate of 7.150%, was listed in September 2025 and matures in 2030.

Source: Arada — Nasdaq Dubai welcomes Arada's USD 450 million sukuk, 25 September 2025

Where does Arada build outside the UAE?

Australia and the United Kingdom. It entered Australia in 2024 with a base in Pyrmont, Sydney. In September 2025 it acquired a 75 per cent stake in London developer Regal with an initial £500 million commitment, and in November 2025 an 80 per cent stake in Thameside West, a 47-acre Royal Docks scheme with permission for at least 5,000 homes and a £2.5 billion development value.

Source: Housing Today — Arada takes 80% stake in 5,000-home Thameside West scheme, 17 November 2025

Guides that cover this developer

About this profile

Maintained by the GRAF editorial team from public sources and our own project data. Updated 20 August 2026. Contact us

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