Top 50 Real Estate Developers in MENA 2021


Rank: 37

Country: U.A.E.

CEO: Ahmed Alkhoshaibi

Date of establishment: 2017

Arada is developing Sharjah’s largest mixed-use project, Aljada, covering 2.2 million square meters. In October 2021, Arada delivered 273 homes at Aljada, which takes the number of homes completed in 2021 to over 1,200. In 2021, Arada finished 12 apartment blocks and the Sarab garden villa community. In September 2021, the company announced that its Nasma Central project had welcomed 200,000 visitors. It recorded sales of $313 million in H1 2021, a jump of 85% compared to H1 2020.