UAE's Arada plans to invest £325 million in Britain

SHARJAH – Sharjah developer Arada has announced a significant strategic move into the United Kingdom's dynamic real estate sector, with a plan to invest up to £325 million in the UK, signaling a major expansion beyond its home market, according to its chief executive Ahmed Alkhoshaibi.

This substantial investment marks Arada's first foray into international markets and underscores its ambition to diversify its portfolio and capitalize on the robust fundamentals of the UK property landscape.

Arada said on Monday that it acquired an 80 per cent stake in the £2.5 billion Thameside West waterfront development in London's Royal Docks.

“Funding for developing the land – which was acquired from private developer Keystone – will come from a mix of Arada's equity and banks,” Ahmed Alkhoshaibi said in an interview with The National.

"The land acquisition is going to cost £225 million, mainly covered from the company's equity, then there'll probably be another £100 million worth of additional funding coming from the UAE," he said.

A strategic leap across continents

Founded in 2017, Arada has rapidly established itself as one of the UAE's fastest-growing and most innovative developers, delivering large-scale, thoughtfully designed communities such as Aljada, Masaar, and Nasma Residences. These projects have redefined suburban living in Sharjah, emphasizing green spaces, smart home technology, and integrated amenities.

The decision to enter the UK market reflects a natural progression for a company that has demonstrated a strong capacity for growth and a keen understanding of modern lifestyle demands.

Analysts say that the UK property market, particularly in its major cities, presents compelling opportunities for growth and diversification, adding that this multi-million-pound investment is a pivotal step in Arada's global expansion strategy.

The investment in the UK represents a crucial step in evolving from a regional powerhouse to an international player, diversifying its revenue streams and enhancing its global brand presence.