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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.

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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).
 

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