Two of the UAE's biggest developers have signed a partnership worth about AED 15 billion: a new villa and townhouse community of up to 1.5 million m² at Seih Sdeirah, and three Yas Island plots, two on the canal. It is Arada's first move into Abu Dhabi, and both say more is coming.
On 30 September 2026 in Abu Dhabi, Aldar and Arada signed a strategic partnership covering development opportunities worth about AED 15 billion. It has two parts: a joint community at Seih Sdeirah on the Abu Dhabi and Dubai border, and three residential plots on Yas Island that Arada has bought from Aldar. The two companies stay separate; they are building these projects together. The agreement was signed by Jonathan Emery, Chief Executive of Aldar Development, and Ahmed Alkhoshaibi, Group Chief Executive of Arada, with Arada's Executive Vice Chairman HRH Prince Khaled bin Alwaleed bin Talal and Aldar's Group Chief Executive Talal Al Dhiyebi.
Part 1 · Built togetherOn the border between Abu Dhabi and Dubai, a joint community of up to 1.5 million m².
Part 2 · Arada buildsArada has bought three residential plots from Aldar on Yas Island to build its own communities.
Pictures are illustrations made for Al Mithaq, not the final designs.
Nothing is on sale yet, and that is exactly the point. The people already on the list when the first homes are released get the first pick of plots, views and prices. Waiting until the crowd hears means choosing from what is left.
30 September 2026: partnership announced in Abu Dhabi.
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The developers announce homes, prices and payment plans.
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Arada's Ahmed Alkhoshaibi called it "the beginning of what we intend to be a long and productive collaboration". Aldar said the Yas Island and Seih Sdeirah opportunities lay a strong foundation for working together, and both companies plan to look at more projects across the UAE.
The timing is no accident. Abu Dhabi real estate transactions reached AED 117 billion in the first half of 2026, AED 86 billion of it in sales, and Aldar's latest launches, Talay and Yas Riva Reserve on Yas Island, brought in more than AED 5 billion of sales.
Tell us Seih Sdeirah or Yas Island. When the first homes are released, you hear from us before the crowd, with the prices and the payment plan.
A strategic partnership signed on 30 September 2026 covering planned developments in Abu Dhabi worth about AED 15 billion: a joint community at Seih Sdeirah and three Arada projects on Yas Island.
No. AED 15 billion is the approximate combined value of all the planned developments in the agreement.
On the border between Abu Dhabi and Dubai. The joint community there will cover up to 1.5 million m², with villas, townhouses, shops and leisure.
Residential communities on three plots it bought from Aldar: more than 27,500 m² of land and nearly 130,000 m² of building space, with two sites facing the canal.
Not yet. No homes, prices or launch dates have been announced. Join our priority list on WhatsApp and we tell you first.
Yes. It is Arada's first development presence in the UAE capital. Arada is known for Aljada and Masaar in Sharjah and for projects in Dubai.
Both companies say they will explore more collaborations across the UAE, and the announcement calls this only the beginning.
Property worth AED 2 million or more in your name can open the ten-year UAE Golden Visa for you and your family. Our UAE residency page explains how.
