Top 100 GCC Real Estate Developers: Arada
HE Sheikh Sultan bin Ahmed Al Qasimi chairs Arada, which is developing Aljada and Nasma Residences in Sharjah
Arada, a joint venture between KBW Investments and Basma Group, is a Sharjah-focused real estate company known as the developer of the $6.5bn (AED24bn) Aljada, a residential project that spans 2.2km2, and the $408m (AED1.5bn) Nasma Residences, in the UAE.
In September 2019, the developer, chaired by HE Sheikh Sultan bin Ahmed Al Qasimi, started handover on homes within Phase 2 of Nasma Residences, comprising 184 villas and townhouses, following the delivery of 107 units from Phase 1 of the megaproject in May.
Construction Week's Top 100 GCC Real Estate Developers 2019 list is a compilation of the region's most influential and successful property firms.
The list has been produced based on publicly available information, and is not a ranking.