Arada Developments

Arada is a privately owned UAE developer founded in 2017 by Sheikh Sultan bin Ahmed Al Qasimi and Prince Khaled bin Alwaleed bin Talal. It built its name in Sharjah with Aljada and the Masaar communities and entered Dubai in November 2022 with Jouri Hills at Jumeirah Golf Estates.

Arada Developments LLC is held by two shareholders. KBW Investments, owned by Prince Khaled bin Alwaleed bin Talal, holds 60 percent, and Basma Group, owned by Sheikh Sultan bin Ahmed Al Qasimi, holds 40 percent. The company is not listed on a stock exchange, although its sukuk trade on the London Stock Exchange and Nasdaq Dubai.

In Sharjah, yes. Arada owns and plans Aljada, Masaar, Masaar 2, Masaar 3, and Nasma Residences. In Dubai it is a project developer that builds inside districts planned by others, including Palm Jumeirah, Dubai Harbour, and Jumeirah Golf Estates.

There are five: Jouri Hills at Jumeirah Golf Estates, Armani Beach Residences on Palm Jumeirah, W Residences at Dubai Harbour, Akala between DIFC and Downtown Dubai, and Inaura Downtown. Four of the five are branded residences.

Jouri Hills is the Arada project closest to delivery in Dubai. It launched in November 2022 with first homes targeted for June 2025, and in January 2026 the developer still listed its first Dubai handovers as a plan for 2026. The other four Dubai projects are under construction or newly launched, so ask for the current status of the specific unit before you commit.

In Sharjah it is long and documented: Nasma Residences was handed over in 2020, Aljada has delivered over 8,800 units since 2021, and Masaar has handed over 1,700 homes. There have also been slips. Full completion of Aljada, once stated for 2025, is now expected between 2030 and 2032, Armani Beach Residences moved from the end of 2026 to 2027, and in August 2026 management reported supply-chain delays on some sites.

Published starting prices are AED 3.60M (about USD 980K) at Inaura Downtown, AED 3.79M (about USD 1.03M) at Akala, AED 4.10M (about USD 1.12M) at W Residences at Dubai Harbour, and AED 21.0M (about USD 5.72M) at Armani Beach Residences. Jouri Hills launched from AED 5.00M (about USD 1.36M). Prices move between releases, so treat these as a guide.

It varies by project and not every plan is published. Inaura Downtown is listed at 10 percent on booking, 40 percent during construction, and 50 percent on handover. Dalia at Masaar 3 in Sharjah is listed at 5 percent on booking, 30 percent during construction, and 65 percent on completion. Arada does not publish a post-handover plan.

Armani Beach Residences is designed by Tadao Ando with Armani/Casa interiors, W Residences at Dubai Harbour is operated by Marriott International, and Anantara Sharjah Residences is a partnership with Minor Hotels. Akala and Inaura are Arada's own wellness and fitness brands.

Properties valued at AED 2M (about USD 545K) or more may qualify buyers for the UAE 10-year Golden Visa, subject to the regulations in force at the time of application. Every Arada project in Dubai has a published starting price above that level.

Off-plan purchases typically start with an expression of interest at launch, followed by a booking payment plus the 4 percent DLD fee, a sales and purchase agreement, and construction-linked installments paid into the project's DLD-registered escrow account until handover.

Yes. In September 2026 Arada and Aldar announced a partnership of about AED 15 billion (about USD 4.08 billion) covering three plots on Yas Island and a joint masterplan at Seih Sdeirah in Abu Dhabi. Arada also operates in London and Sydney and launched a Saudi Arabian arm in October 2026.