Skip to content Skip to Search
Skip navigation

Arada moves into Australia with first project set for 2025

By Pramod Kumar
Arada’s Australian-born group CEO Ahmed Alkhoshaibi will spearhead the Australian operations and business growth Arada
Arada’s Australian-born group CEO Ahmed Alkhoshaibi will spearhead the Australian operations and business growth

UAE developer Arada is planning multiple projects, valued at AED6 billion ($1.6 billion) in Australia, adding more than 2,500 dwellings in Sydney, the country’s most populous city.

The Dubai-based master developer announced that the first project will be launched next year, after opening its office in Sydney.

Arada’s Australian-born group CEO Ahmed Alkhoshaibi will spearhead the Australian operations and business growth.

Person, Electronics, Mobile Phone

Newsletter
Get the Best of AGBI delivered straight to your inbox every week

The move intends to address Australia’s current housing shortage.

“Our initial projects in Sydney are strategically located within growth corridors, aligning with local government initiatives to expand housing near transport hubs and minimising strain on existing infrastructure,” Alkhoshaibi said.

Arada has partnered with Adelaide-based architecture firm Woods Bagot to design projects for the Australian market.

Since its launch in 2017, Arada has launched six projects in Sharjah and Dubai, with a combined sales value of AED60 billion ($16.3 billion).
 

Latest articles

Giorgia Meloni, Italy's prime minister, with Sultan Al Jaber, the minister of industry and chairman of Masdar, at the Abu Dhabi Sustainability Week Summit, in Abu Dhabi

Masdar views Middle East as biggest growth market

UAE’s renewable energy company Masdar considers the Middle East its biggest market, even though its target is to grow globally, a senior executive has said. “The Middle East is the biggest market for us, we are a company from here, and this market is growing significantly,” Abdulaziz Alobaidli, chief executive officer of Masdar, told AGBI […]

Kenya's President William Ruto says the Kenya-UAE Cepa will 'more than triple' some food exports and provide investment opportunities

Kenya-UAE Cepa may increase food exports and investment

The UAE and Kenya have signed a comprehensive economic partnership agreement (Cepa) that is predicted to lead to a threefold increase in food exports from the East African nation.  The trade deal, which was agreed in February last year, is expected to accelerate trade and investment in agriculture, infrastructure, healthcare, travel and tourism, financial services and […]

Economic risks were the biggest concerns for business leaders and experts across the Middle East

Inflation, not war, is Gulf states’ top concern, says WEF

Economic concerns such as inflation dominate risk perception for the coming year in the Gulf and across Mena, according to the World Economic Forum. Its survey of thousands of experts and business leaders, the Global Risks Report 2025, found that geopolitical conflict was the No 1 risk globally, selected by respondents as the “most likely […]

Workers preparing for loading crude oil form ship to taker in Chonburi, Thailand

Adia to help fund $1bn Malaysian oil and gas firm

Abu Dhabi Investment Company (Adia) is to invest in an oil and gas equipment-making unit in Malaysia. Adia is participating in the $1 billion funding round for Yinson Holdings’ equipment-maker alongside Asian investment firm RRJ Capital and British Columbia Investment Management. The funding, expected to close in the first quarter of 2025, will primarily support […]