Overview of Arada Developer
Arada Developer is a leading real estate developer in the UAE. The company was founded in 2017 by Sheikh Sultan bin Ahmed Al Qasimi, chairman of Basma Group, and Prince Khaled bin Alwaleed bin Talal Alsaud, chairman of KBW Investments. Arada Developer is known for its commitment to building communities that enrich, engage, and inspire their residents.
Founding and Vision
Arada Developer was founded to create sustainable and livable communities. The company’s name is derived from the Arabic word “arada,” which means “to plan.” Arada Developer is committed to planning and designing communities that meet the requirements of its residents. The company’s developments are designed to be environmentally friendly, technologically advanced, and socially responsible.
Key Figures
Arada Developer is led by a team of experienced professionals committed to the company’s vision. The key figures in the company include:
- Sheikh Sultan bin Ahmed Al Qasimi: Chairman of Basma Group and co-founder of Arada Developer.
- Prince Khaled bin Alwaleed bin Talal Alsaud: Chairman of KBW Investments and co-founder of Arada Developer.
- Ahmed Alkhoshaibi: Group CEO of Arada Developer. Alkhoshaibi oversees the company’s operations and ensures that its developments meet the highest quality standards.
Arada Developer has quickly become one of the UAE’s most respected real estate developers. The company’s commitment to sustainability, technology, and community has earned it an excellent reputation.
Signature Projects
Arada Developer Dubai is known for its exceptional residential and commercial projects that cater to the needs of modern-day living. Here are some of the most notable projects that the developer has undertaken:
Aljada
- Aljada is a master-planned development spread across 24 million sq ft in Sharjah.
- The project boasts a range of residential offerings, including apartments, townhouses, and villas.
- Aljada also features a range of commercial, retail, and entertainment options, including a central hub, a business park, and a shopping mall.
- The development is designed to be an autonomous community with ample green spaces, pedestrian-friendly walkways, and cycling paths.
Nasma Residences
- Nasma Residences is a residential project located in Sharjah.
- The development features a range of townhouses and villas built to cater to the requirements of families.
- Nasma Residences boasts a range of amenities, including a community center, a swimming pool, and a children’s play area.
- The project is near schools, hospitals, and shopping centers.
Masaar
- Masaar is a residential project located in Sharjah.
- The development features a range of apartments and townhouses that are built to fulfill the needs of young professionals and families.
- Masaar boasts a range of amenities, including a community center, a swimming pool, and a children’s play area.
- The project is near schools, hospitals, and shopping centers.
Jouri Hills at Jumeirah Golf Estates
- Jouri Hills is a residential project located in Jumeirah Golf Estates, Dubai.
- The development features a range of villas and townhouses designed to cater to the requirements of families.
- Jouri Hills boasts a range of amenities, including a community center, a swimming pool, and a children’s play area.
- The project is near schools, hospitals, and shopping centers.
Arada Developer Dubai has also undertaken the prestigious Armani Beach Residences at Palm Jumeirah project in Dubai, which has received numerous accolades for its design and luxury offerings.
Strategic Partnerships and Collaborations
Arada Developer Dubai has established several strategic partnerships and alliances to guarantee the success of its real estate projects. These partnerships have encouraged the company to leverage the expertise of industry leaders and create world-class developments that meet the requirements of its target market.
Armani/Casa
Arada Developer Dubai has partnered with Armani/Casa, the interior design division of the Armani Group, to create luxurious and sophisticated living spaces. The joint venture has resulted in the development of Armani Beach Residences at Palm Jumeirah, a new ultra-luxury landmark in Dubai. The residences offer sweeping, panoramic views of the Arabian Gulf and Dubai’s skyline. Armani/Casa has brought its signature style to the project, creating elegant and timeless interiors that complement the stunning architecture.
Tadao Ando
Arada Developer Dubai has collaborated with Tadao Ando, a renowned Japanese architect, to create exceptional designs for its developments. Tadao Ando’s minimalist and modernist approach to architecture has resulted in visually stunning, functional, and beautiful buildings. The partnership has resulted in the development of Armani Beach Residences at Palm Jumeirah, which features Ando’s signature style.
KBW Investments and Basma Group
Arada Developer Dubai has partnered with KBW Investments and Basma Group to create a sustainable and innovative community in Sharjah. The joint venture has resulted in the development of Aljada, a new destination that offers a range of residential, commercial, and entertainment options. The community is built to be environmentally friendly and sustainable, with green spaces and pedestrian-friendly streets. The project has attracted significant interest from investors and buyers thanks to its unique design and focus on sustainability.
Some key points to note about Arada Developer Dubai’s strategic partnerships and collaborations include:
- Arada Developer Dubai has partnered with Armani/Casa, the interior design division of the Armani Group, to create luxurious and sophisticated living spaces.
- Tadao Ando, a renowned Japanese architect, has collaborated with Arada Developer Dubai to create exceptional designs for its developments.
- Arada Developer Dubai has partnered with KBW Investments and Basma Group to create a sustainable and innovative community in Sharjah.
- The partnerships have resulted in the development of world-class projects that meet the target market’s needs.
- The company’s focus on sustainability and innovation has attracted significant interest from investors and buyers.
Market Presence
Arada Developer Dubai has a strong market presence in the UAE and the Middle East. The company has been expanding its operations in recent years, venturing into new markets and establishing a foothold in Australia.
Expansion in the Middle East
Arada has been expanding its presence in the Middle East, focusing on Saudi Arabia. The company has partnered with Saudi Arabia’s Basma Group to develop a mixed-use project in Al Khobar. The Ithraa project will feature residential, commercial, and retail space and is expected to be completed in 2023.
In addition to its joint venture in Saudi Arabia, Arada has also announced plans to develop a project in Bahrain. The company has signed an agreement with Bahrain’s Edamah to develop a mixed-use project in the country’s capital, Manama. The project, named The Nest, will feature residential, commercial, and retail space and is expected to be completed in 2024.
Venturing into New Markets
Arada has actively sought new markets to expand its operations. In 2022, the company announced its entry into the Dubai real estate market by acquiring a Dh600 million plot in Zabeel 2. The master developer intends to construct a 50-story luxury residential tower with 400 upscale apartments on the 138,466-square-foot plot.
Moreover, Arada has been expanding its presence in Australia. The company has partnered with Australia’s Brookfield Asset Management to develop a mixed-use project in Sydney. The Wynyard Place project will feature residential, commercial, and retail space and is expected to be completed in 2025.
In summary, Arada Developer Dubai has a strong market presence in the UAE and the Middle East, focusing on Saudi Arabia and Bahrain. The company has also been venturing into new markets, including Australia and the Dubai real estate market.
Real Estate Development Approach
Arada Developer Dubai is committed to creating sustainable, vibrant communities through innovative design. Their real estate development approach focuses on the following:
Sustainable Communities
- Arada Developer Dubai is dedicated to building sustainable communities that are environmentally conscious and energy-efficient.
- They use eco-friendly materials and construction techniques to minimize their carbon footprint and promote sustainability.
- Arada Developer Dubai’s sustainable communities include green spaces, community facilities, and public transportation to promote a healthy and active lifestyle.
Innovative Design
- Arada Developer Dubai believes in an innovative, functional, and aesthetically pleasing design.
- They collaborate with leading architects and designers to create unique, modern designs that stand out in the real estate market.
- Arada Developer Dubai’s innovative designs include villas, townhouses, and mixed-use developments that cater to different lifestyles and preferences.
Overall, Arada Developer Dubai’s real estate development approach is focused on creating sustainable communities through innovative design. Their commitment to eco-friendliness and energy efficiency sets them apart in the real estate market, and their unique and modern designs cater to a wide range of preferences and lifestyles.
Economic Impact
Contribution to UAE’s Growth
Arada Developer Dubai has contributed to the UAE’s growth, particularly in the real estate sector. The company has been instrumental in driving sales and encouraging foreign direct investment in the country. Here are some key points to consider:
- Arada has launched several high-end residential projects in Dubai, including the Jouri Hills project, worth $544 million.
- The company’s projects have helped to create jobs and boost economic activity in the UAE.
- Arada’s focus on quality and innovation has helped to elevate the standard of real estate in the country.
Attracting Foreign Direct Investment
Arada’s success has also helped to attract foreign direct investment to the UAE’s real estate market. Here are some key points to consider:
- Arada’s reputation for quality and innovation has helped to attract investors from all over the world.
- The company’s projects have helped to diversify the UAE’s economy and reduce its reliance on oil.
- Arada’s focus on sustainability and green living has helped to position the UAE as a leader in sustainable development.
In conclusion, Arada Developer Dubai has played a significant role in driving growth and attracting foreign direct investment to the UAE’s real estate market. The company’s focus on quality, innovation, and sustainability has helped to elevate the standard of real estate in the country and position it as a leader in sustainable development.
Property Portfolio
Arada Developer Dubai has an impressive portfolio of luxury and lifestyle properties and mixed-use projects. Here are some of the highlights:
Luxury and Lifestyle Properties
- Arada’s flagship project is the Aljada development in Sharjah, which is a master-planned community that will feature a range of homes, including villas, townhouses, and apartments.
- The developer has also launched a luxury project in Dubai called Jouri Hills, which features 294 high-end villas and townhouses.
- Arada’s properties are known for their sleek and modern design, featuring floor-to-ceiling windows, spacious balconies, and high-end finishes.
- The developer also offers a range of penthouses with panoramic views of the surrounding area.
Mixed-Use Projects
- Arada has purchased a prime land plot in Zabeel 2 adjacent to Dubai International Financial Centre (DIFC), where it plans to construct a 50-story luxury residential tower with 400 upscale apartments.
- The developer has also entered the Dubai property market by acquiring the last available beachfront land plot on the Crescent of the well-known, award-winning Palm Jumeirah, where it plans to build a mixed-use project with residential, leisure, and F& B components.
- Arada’s mixed-use projects are known for their innovative design, with many featuring artificial islands, landscaped gardens, and state-of-the-art amenities.
Overall, Arada Developer Dubai’s property portfolio is impressive, with a range of luxury and lifestyle properties and mixed-use projects that offer something for everyone. Whether you’re looking for a spacious villa or a sleek apartment, Arada has something to suit your needs.
Market Analysis and Trends
Property Market Insights
Arada Developer Dubai is a leading real estate developer in the UAE, expanding its portfolio of properties in recent years. The company has been active in the property market, particularly in Dubai, where it has been involved in several high-profile projects.
According to a recent report by Knight Frank, the Dubai property market is showing signs of recovery after a challenging period. The report states that the market is stabilizing, with prices and transaction volumes starting to increase. This is good news for Arada Developer Dubai, which has been investing heavily in the Dubai property market.
Sales and Transaction Data
Arada Developer Dubai has reported impressive sales figures in recent years. In 2022, the company reported a 46% increase in sales compared to the previous year, with the total value of property sold reaching AED3.51 billion. The company sold 2,268 homes in 2022, with buyers showing a preference for larger and higher-value villas and apartments.
Arada Developer Dubai is optimistic about the future of the UAE property market and expects sales to hit AED10 billion ($2.72 billion) in 2024, a 42.5% increase from AED7.02 billion achieved in 2023. The company is confident that continued global interest in UAE real estate will drive sales growth.
In conclusion, Arada Developer Dubai is a major player in the UAE property market, with a strong track record of sales growth and a portfolio of high-quality properties. The company is well-positioned to take advantage of the recovery in the Dubai property market and is optimistic about the sector’s future.
Corporate Social Responsibility
Arada Developer Dubai is committed to corporate social responsibility (CSR) and has implemented several initiatives to support the community and the environment. The company recognizes the importance of sustainability and strives to create a positive impact through its operations.
Community Engagement
Arada Developer Dubai believes in actively engaging with its communities. It has implemented several initiatives to support the local community, including:
- Home for a Home: Arada’s groundbreaking CSR initiative aims to provide homes for needy families. For every home sold, Arada pledges to donate a home to a needy family in the UAE or abroad.
- Aljada Community Fund: Arada has established a community fund to support local initiatives that benefit the residents of Aljada, its flagship development in Sharjah. The fund aims to support education, health, and social welfare programs.
Environmental Initiatives
Arada Developer Dubai is committed to minimizing its environmental impact and has put to work several initiatives to achieve this goal. These initiatives include:
- Sustainable Development: Arada is committed to sustainable development and has incorporated several green initiatives in its developments. The company aims to minimize its carbon footprint and promote sustainable living.
- Leisure and Green Spaces: Arada has developed several leisure and green spaces to promote a healthy lifestyle and encourage residents to spend time outdoors.
Overall, Arada Developer Dubai’s commitment to CSR reflects its dedication to creating a positive impact on the community and the environment.
Future Prospects
Upcoming Developments
Arada Developers is set to expand its reach in the Dubai property market with its upcoming projects. The company has recently launched the Jouri Hills project, which will include 294 high-end villas and townhouses at Dubai’s Jumeirah Golf Estates. Arada Developers has also purchased a prime land plot in Zabeel 2 adjacent to Dubai International Financial Centre (DIFC), where it plans to build a 50-floor residential tower.
Strategic Goals
Arada Developers aims to capitalize on high demand in Dubai and expand to new markets such as Saudi Arabia and Australia. The company has already signaled its plans to further expand in Dubai’s high-end property market by purchasing a Dh600 million ($163.4 million) land plot in Dubai’s Zabeel 2 district.
To achieve its strategic goals, Arada Developers is focusing on the following strategies:
- Developing high-end projects that cater to the needs of the luxury market
- Expanding its reach in the Dubai property market by acquiring prime land plots in strategic locations
- Diversifying its portfolio by expanding to new markets such as Saudi Arabia and Australia
- Providing exceptional customer service to ensure customer satisfaction and loyalty
Overall, Arada Developers is well-positioned to achieve its strategic goals and continue its growth in the Dubai property market.
Frequently Asked Questions
What job opportunities are currently available with Arada in Dubai?
- Arada is a rapidly growing company that is always on the lookout for talented and passionate individuals to join their team.
- They regularly post job openings on their website and social media channels, so interested candidates are encouraged to check those sources frequently.
- Some positions that Arada commonly hires include project managers, architects, engineers, sales executives, and marketing professionals.
How do employees rate their experience working at Arada in Dubai?
- According to the Great Place to Work® UAE survey, Arada has been ranked as the top real estate company to work for in the UAE for two consecutive years.
- Employees have praised the company for its supportive work culture, opportunities for growth and development, and commitment to sustainability.
What are the key features of the Aljada project developed by Arada?
- Aljada is a master-planned community located in Sharjah, UAE, that has been designed to be a vibrant and sustainable urban hub.
- The project spans over 24 million square feet and will feature residential units, commercial spaces, leisure and entertainment facilities, and green spaces.
- Some of the key features of Aljada include a Central Hub, a family entertainment center, a business park, and a range of educational institutions.
Where is the Arada developer’s office located in Dubai?
- Arada’s office is located in the Business Bay area of Dubai, UAE.
- The exact address is: Arada, Bayswater Tower, Office 2004, Business Bay, Dubai.
What is the best way to contact Arada’s Dubai office?
- Interested parties can contact Arada’s Dubai office by phone or email.
- The phone number for the office is +971 4 874 8444, and the email address is info@arada.com.
How can I start a career with Arada in Dubai?
- Arada is always on the lookout for talented and passionate individuals to join their team.
- Interested candidates can visit Arada’s website to view job openings and submit applications.
- They can also follow Arada on social media to stay updated on new job opportunities.
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