Leading UAE developer Arada has achieved a key milestone with the sale of a five-bedroom residence at Armani Beach Residences at Palm Jumeirah in Dubai for AED92.5 million ($25 million) to Francis Ngannou, the Cameroonian former UFC heavyweight champion and professional boxer.
Arada has awarded two contracts for the next set of 2,210 homes in Sharjah’s AED35 billion Aljada megaproject. Collectively valued at AED2.04 billion ($555.48 million), the deals cover main construction activities across 14 residential blocks.
Leading UAE developer Arada has awarded the main construction contract worth AED1.55 billion ($422 million) to Engineering Contracting Company for its W Residences at Dubai Harbour project. The scope of work includes development of 490 luxury branded residences across three towers and other amenities.
UAE developer Arada has awarded AED2.7 billion ($735 million) contracts for Masaar 2, a forested megaproject in Sharjah. The scope of work includes construction of 1,997 homes across four phases as well as complete design and supervision work.
Arada has announced that booking has now begun at Nest Hotel, the first property in its new lifestyle hospitality brand, ahead of the hotel’s formal opening in late December at Aljada, Sharjah. The 395-room hotel caters to diverse guests, including business and leisure travellers, long-stay visitors, sports groups, and students.
Arada, the UAE’s fastest-growing master developer, has agreed to acquire an 80% stake in Thameside West, a landmark waterfront mixed-use development located at the western end of London’s Royal Docks.
Arada, a leading UAE-based developer, has awarded a contract valued at AED145 million ($39.48 million) to build a landscaped sports complex at its AED35 billion Sharjah megaproject Aljada.
Arada has awarded the construction contract for the Rove Aljada hotel cluster, located within the AED35 billion ($9.5 billion) Sharjah megaproject. Spread across four blocks, the hotel and branded residences buildings will be completed by the end of 2027.
Arada, a UAE-headquartered developer, registered year-on-year sales growth of 199% in the UAE during 2025, with AED17.3 billion ($4.71 billion) worth of homes sold across master-planned communities and luxury developments in Dubai and Sharjah.
Arada, a leading regional developer, has unveiled Inaura, an urban fitness-led hospitality and residences concept in Dubai.
