{"url":"https://newsforagent.com/news/2026-10-20/arada-saudi-arabia-riyadh-master-plan","markdown_url":"https://newsforagent.com/news/2026-10-20/arada-saudi-arabia-riyadh-master-plan.md","title":"Arada Enters Saudi Arabia With $3.8 Billion Riyadh Plan","headline":"Arada Founds Arada KSA With XTOPIA for $3.8 Billion Riyadh Master Plan","description":"Arada founded Arada KSA with XTOPIA and set an AED14 billion ($3.8 billion) Riyadh master plan covering 2.5 million sq m with 3,500 villas and townhouses.","section":"Expansion","published_at":"2026-10-20T08:22:12+00:00","modified_at":"2026-10-20T08:22:12+00:00","author":"News Desk","key_takeaways":["Arada founded Arada KSA with XTOPIA to deliver large-scale communities across Saudi Arabia.","Arada KSA's first project is an AED14 billion ($3.8 billion) residential master plan in Riyadh's Al Rimal District on 2.5 million sq m.","Mohammed AlDhabaan, Chairman of XTOPIA, has been appointed Chairman of Arada KSA."],"companies":[{"name":"Arada","is_primary":true,"profile_url":"https://akta.pro/company-profiles/000008v/arada","website":"https://arada.com"}],"source":{"publisher":"EIN Presswire","title":"Arada enters Saudi Arabia with $3.8bn residential master plan","url":"https://www.einnews.com/article/950908560/live"},"other_sources":[],"tags":["Expansion","Arada"],"body_markdown":"[Arada](https://akta.pro/company-profiles/000008v/arada) has founded Arada KSA with XTOPIA to develop communities across Saudi Arabia, starting with an AED14 billion ($3.8 billion) residential master plan in Riyadh's Al Rimal District, [EIN Presswire](https://www.einnews.com/article/950908560/live) reported on October 20, 2026. Arada is a UAE-based master-planned community developer building residential, commercial, hospitality and lifestyle projects across the UAE, the UK and Australia.\n\n## Arada KSA's First Riyadh Project\n\nThe first Arada KSA project is a residential master plan in the Al Rimal District of north-eastern Riyadh, described as one of the largest private real estate projects announced in the Saudi capital in recent years. The development will be delivered on a plot of 2.5 million sq m and will comprise an estimated 3,500 villas and townhouses surrounded by 100,000 trees, with amenities including a school, retail, a community centre and sporting facilities.\n\nMohammed AlDhabaan, Chairman of XTOPIA, has been appointed Chairman of Arada KSA. \"Our land bank, which features key strategic locations across the Kingdom, positions Arada KSA as a platform with genuine national scale and reach,\" AlDhabaan said. Arada KSA has access to a 10 million square metre land bank across Saudi Arabia with a collective value of AED49 billion, spanning Riyadh, Jeddah and Makkah.\n\nArada now has a project pipeline valued at AED185 billion ($50 billion) across five markets, with more than 70,000 homes spanning the United Kingdom, Syria, Australia, the UAE and Saudi Arabia. Arada has completed 17,000 homes.\n\n## Arada's Funding and Pipeline Records\n\nArada's project pipeline exceeds AED 130 billion globally across the UAE, UK and Australia, according to akta.pro [company records](https://akta.pro/company-data). The company's total funding stands at $1.5 billion, with five funding rounds on record, the most recent a $100 million debt-funded round in May 2026 led by First Abu Dhabi Bank. Sales nearly tripled in 2025 with over 5,000 units sold in the UAE alone, and the company has announced plans to go public with an IPO in 2028.\n\n## Earlier Arada Expansion Moves\n\nArada entered Syria in September 2026 through a joint venture with the Syrian Sovereign Fund targeting a $7 billion fully integrated city on a four million square metre site west of Damascus, GulfNews reported. In the same month, Arada and Aldar formed a joint venture with a 15 billion dirhams ($4.08 billion) development pipeline for Abu Dhabi, Zawya reported. Arada also submitted planning applications to the London Borough of Newham for Thameside West, a regeneration project whose first phase includes 1,500 homes, Costar reported.\n\n## Arada's Next Steps\n\nArada received NSW planning approval for London Place, a 33-storey residential development in Campsie with 156 apartments and 18 affordable units, and construction is set to start in Q2 2027, Mirage News reported. Arada's first London project, 100 Avenue Road, is under construction with completion scheduled for Q4 2028.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}