Arada

NEWS DESK

Arada awards AED618 million construction contract for Anantara Sharjah Resort and Anantara Sharjah Residences

PR News Desk 07/08/2025

Arada has awarded an AED618 million construction contract for the construction of Anantara Sharjah Resort and Anantara Sharjah Residences, the luxury seafront destination on Al Heera Beach in Sharjah. Intermass Engineering & Contracting has been appointed to carry out the works over a

NEWS DESK

Arada sees sales more than triple to AED9.15 billion in first half of 2025 amid ongoing demand for high-end property in the UAE

PR News Desk 31/07/2025

Arada has reported a tripling of sales during the first half of 2025 to AED9.15 billion as healthy demand for premium residential property continues to lift markets across the UAE. The master developer saw a 336% increase in the value of property sold at its projects in Dubai and Sharjah, driven by major launches and […]

NEWS DESK

Arada returns to global debt markets with successful closure of 4 times-oversubscribed $450 million Sukuk  

PR News Desk 29/07/2025

Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of a $450 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai. The five-year fixed rate RegS Sukuk issuance, rated BB- by Fitch and B1 by Moody’s, was priced with a coupon […]

NEWS DESK

Arada sells signature penthouse at new wellness destination Akala for AED125m

PR News Desk 04/07/2025

Arada has announced the sale of The Observatory, the showpiece penthouse at Akala, the recently launched wellness-focused branded residences project located adjacent to Dubai International Financial Centre (DIFC). Valued at AED125 million, the sale ranks as one of the top 10 apartments sold in Dubai so far in 2025, underscoring the strong global investor interest […]