What is the value of Aldar's agreement with Arada?

The agreement is valued at AED 1.1 billion, which is equivalent to approximately $299.52 million.

How many units is Aldar acquiring in Aljada?

Aldar is acquiring more than 1,100 residential units as part of this forward purchase agreement.

What is the significance of this deal for Aldar?

This deal marks Aldar's first real estate investment in Sharjah and expands its develop-to-hold pipeline to $5.7 billion.

Where is the Aljada development located?

The Aljada mixed-use development is located in Sharjah, UAE.

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Investment·15 October 2026

Aldar Signs $300 Million Deal for 1,100 Residential Units in Sharjah's Aljada

Abu Dhabi-listed developer Aldar Properties has inked a AED 1.1 billion (approximately $300 million) forward purchase agreement with Arada to acquire over 1,100 residential units within the Aljada mixed-use development i

Aldar Properties, a prominent developer listed in Abu Dhabi, has entered into a significant forward purchase agreement valued at AED 1.1 billion (approximately $299.52 million) with Arada. This strategic deal involves the acquisition of more than 1,100 residential units located within Arada's Aljada mixed-use development in Sharjah.

This transaction marks a notable expansion for Aldar, representing its first real estate investment in Sharjah. The acquisition will contribute to Aldar's develop-to-hold pipeline, increasing its value to approximately $5.7 billion.

The Aljada project, where the acquired units are situated, is a large-scale mixed-use community designed to offer a comprehensive living experience.

Frequently asked

Questions, answered

What is the value of Aldar's agreement with Arada?: The agreement is valued at AED 1.1 billion, which is equivalent to approximately $299.52 million.
How many units is Aldar acquiring in Aljada?: Aldar is acquiring more than 1,100 residential units as part of this forward purchase agreement.
What is the significance of this deal for Aldar?: This deal marks Aldar's first real estate investment in Sharjah and expands its develop-to-hold pipeline to $5.7 billion.
Where is the Aljada development located?: The Aljada mixed-use development is located in Sharjah, UAE.

Reported by

Zawya — UAE Real Estate · Google News — Abu Dhabi Real Estate (7d)

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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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