Primary ticker: Private
Property types: Residential, Retail space, Office space, Hospitality, Student Accommodation, Infrastructure, Social infrastructure (Schools, hospitals, etc.)
Arada was founded by two of the Gulf’s most respected businessmen, Sheikh Sultan bin Ahmed Al Qasimi and Prince Khaled bin Alwaleed bin Talal Al Saud in 2016. The UAE-based company has swiftly won a reputation as one of the region’s most progressive and effective developers following two successful launches in Sharjah, an untapped location where it now dominates the market. Arada’s projects include the $5 billion Aljada, the largest mixed-use development in Sharjah, and Nasma Residence, a 1,000-strong villa community, now 85% sold out, which became the city’s fastest-selling community when the first phase sold out within a month.