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الاقتصادية
Al Dar and Arad Plan 15B AED Project in Abu Dhabi
The Dar Group and Arada Company signed partnership agreements worth approximately 15 billion dirhams to develop real estate projects in Abu Dhabi. These include a mixed-use project in Saih Sadiat and residential spaces on Yas Island. This partnership marks Arada’s entry into the Abu Dhabi real estate development market for the first time, with plans to expand cooperation in the future. The collaboration also involves developing a 1.5 million square meter urban complex focused on villas, townhouses, and recreational facilities, in addition to Arada acquiring three plots of land to develop upscale residential communities. The partnership aims to strengthen the position of both companies in the UAE real estate market and expand investment opportunities.
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