Arada

Arada is one of the prospective newcomers among the Middle Eastern developers of the real estate, founded in December 2016. The Sharjah-based company is oriented at launching leisure and hospitality property, as well as residential communities, which comprise lofts, apartments, villas and townhouses. Currently, its main focus is on Sharjah, though it is planning to expand into Dubai and Saudi Arabia's market, as well as the countries worldwide. The company has already opened two sales offices outside Sharjah – in Abu Dhabi and Dubai.

Arada is a joint venture founded by two well-known companies – Basma Group, the chairman of which is Sheikh Sultan bin Ahmed Al Qasimi, and KBW Investments, managed by His Royal Highness Prince Khaled bin Alwaleed bin Talal Alsaud. The CEO of the development company is Ahmed Alkhoshaibi. The senior management team consists of experienced specialists who worked for the companies such as DAMAC Properties and Meraas.

While Arada has been on the market for 5 years only, it has already been acknowledged as one of the most progressive and innovative master-developers in UAE, as it manages to build smart residences at affordable prices with world-class amenities, as well as a superior design. The team of Arada launches projects with interconnection of technology, sustainability and community in order to improve lives of their clients. Since the first project launched in 2017, Nasma Residences, the company has been developing rapidly and attracting owners and investors from all over the world.