Arada launches in Sydney
Arada’s extended pipeline of projects will contribute towards urban renewal required to address the current housing shortage in Sydney
Arada has announced its first expansion outside the UAE market with the launch of operations in Australia. The Dubai-based developer has set up a new office in the Sydney suburb of Pyrmont and is planning multiple projects in Australia. Arada’s extended pipeline of projects will contribute towards urban renewal required to address the current housing shortage in Sydney.
Adding over 2,500 homes to the Sydney housing market, sales and construction for Arada’s initial projects will begin in 2025. With significant land holdings, the sites will deliver commercial and retail components. Arada has partnered with architecture firm Woods Bagot to design and deliver its vision to the Australian market, the firm noted in a statement.
Arada has been led by its Australian-born Group Chief Executive Officer, Ahmed Alkhoshaibi, who is also spearheading the Australian operations and business growth.
Alkhoshaibi remarked, “Launching in Australia marks a pivotal moment for Arada as we continue to realise our vision of integrated residential communities that help people lead happier, healthier and more meaningful lives. Arada is passionate about delivering activated precincts that deliver a community-based approach to housing supply.”
“Our initial projects in Sydney are strategically located within growth corridors, aligning with local government initiatives to expand housing near transport hubs and minimizing strain on existing infrastructure. With a strong financial position, an impressive track record and a dedicated local team, we are poised to make a positive impact on our future residents and the communities we serve,” Alkhoshaibi added.
In Australia, Arada will continue to deliver diverse housing options with facilities and amenities, alongside events and activations for residents and their friends to enjoy in the surrounding area. Its developments will feature green spaces, retail outlets and Arada’s own fitness and wellbeing offering, Wellfit, which focuses on providing active, healthy living for the whole family via state-of-the-art facilities, the statement concluded.
