Dubai: UAE-based property developer Arada has announced its entry into the UK housing market through the acquisition of a 75% stake in Regal, a leading London-based residential-led mixed-use developer.
The deal marks Arada’s second international expansion following its move into Australia in 2024, and aligns with its strategy to diversify geographically. The company, which launched in 2017, has committed AED2.5 billion ($680 million) in initial capital to acquire and invest in Regal, which will be rebranded as Arada London.
Regal, with a 30-year track record, has delivered over 4,000 residential units and 1 million square feet of commercial space. The acquisition will accelerate the delivery of Regal’s existing 10,000-unit pipeline, with ambitions to triple that figure within three years.
“London is one of the world’s leading cities, and our expansion into this market represents a strategic step for Arada in response to the strong demand for residential space,” said HH Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada.
Ahmed Alkhoshaibi, Group CEO of Arada, said the Regal team’s focus on experience and amenity aligns with Arada’s own placemaking ethos. “We are well placed to support Regal’s evolution and unlock new opportunities for growth,” he added.
Regal’s executive team and founders will remain with the business post-acquisition. The move gives Arada an immediate foothold in the London market and a platform to deliver residential assets at scale.
Arada’s global portfolio now exceeds AED95 billion in value, comprising over 42,000 units across the UAE and Australia, with more than 10,000 already delivered.