- Arada opens its first international office in Sydney, Australia.
- Plans include AED6 billion worth of projects, adding over 2,500 homes.
- Projects aim to address Sydney’s housing shortage and support urban renewal.
Arada, a leading Dubai-based developer, is making its first international foray by establishing an office in Sydney’s Pyrmont.
This expansion is set to significantly impact the Australian real estate market, with an impressive AED6 billion pipeline of projects planned to address the critical housing shortage in the city.
Arada Ventures into Australian Market with Major Sydney Projects
The projects, which will commence in 2025, are strategically located within growth corridors to align with local government initiatives. Arada’s focus on integrated communities will bring enhanced amenities and green spaces to the Sydney housing market. The company’s expansion is spearheaded by Ahmed Alkhoshaibi, the Australian-born CEO, who has successfully guided Arada’s growth since its inception in 2017.
The expansion underscores Arada’s commitment to its vision of creating vibrant, integrated communities. Partnering with global architecture firm Woods Bagot, Arada aims to deliver developments that feature premium amenities, including green spaces and state-of-the-art fitness facilities. The strategic locations of these projects align with Sydney’s growth plans and will contribute to the city’s overall infrastructure improvement.
Arada’s track record in Dubai and Sharjah highlights its ability to execute large-scale projects successfully. The company has seen substantial growth, with a reported 100% increase in property sales value in 2023 compared to the previous year. This expansion into Australia is set to further solidify Arada’s international presence and continue its trajectory of success.
The new Sydney projects reflect Arada’s strategic vision of expanding its global footprint while addressing pressing housing needs in major cities. The company’s innovative approach and commitment to community well-being are poised to make a positive impact in the Australian market.
“Launching in Australia marks a pivotal moment for Arada as we continue to realise our vision of integrated residential communities
