Arada Capital Alya residential pipeline has reached an anticipated combined gross development value of around AED6 billion, after the two firms signed a Memorandum of Understanding in Sharjah on 12th November, 2026.
Arada Capital, part of Arada Group, and Alya, a new institutional platform for premium residential development across the GCC, will form a development and co-investment strategic partnership. The aim is to build premium residential and mixed-use projects in the UAE and Saudi Arabia, according to WAM.
Key facts
- MOU signed in Sharjah on 12th November, 2026.
- Combined gross development value estimated at approximately AED6 billion for the initial two projects.
- Partnership backed by Brookfield and Lunate, an Abu Dhabi-headquartered global investment firm with more than US$125 billion in assets under management.
- Projects being explored include sites in Downtown Dubai and Yas Island, Abu Dhabi.
- Collaboration covers the UAE and the Kingdom of Saudi Arabia, subject to due diligence, commercial agreement and necessary approvals.
Arada Capital Alya residential pipeline details the two-project plan
The proposed collaboration brings together Arada Capital’s access to Arada Group’s established development pipeline and its experience delivering large-scale communities. Alya contributes its development and value creation expertise, along with an institutional approach to governance, capital discipline and delivery.
The partnership will initially focus on two residential developments carrying a combined gross development value of approximately AED6 billion. This forms part of a broader pipeline of opportunities that both parties plan to evaluate.
Locations under review in Dubai and Abu Dhabi
The opportunities being explored include projects in Downtown Dubai and on Yas Island in Abu Dhabi. These remain subject to due diligence, commercial agreement and the necessary approvals before proceeding.
Lunate, one of the backers alongside Brookfield, is a global investment firm headquartered in Abu Dhabi with more than US$125 billion in assets under management, according to the report. More investment news from the UAE and GCC is available on TAI News.
