Aldar, Arada form AED 15 billion Abu Dhabi development partnership

• Aldar entered a strategic partnership with Arada valued at about AED 15 billion, covering development opportunities on Yas Island and Seih Sdeirah.
• Initial agreement sets up a joint venture to co-develop a mixed-use community on up to 1.5 million sq m at Seih Sdeirah.
• Project is planned as a villa and townhouse community with retail and recreational amenities; Arada leads development and construction management.
• Arada also bought three Aldar plots on Yas Island for residential projects; combined plot area exceeds 27,500 sq m.
• The Yas Island sites total almost 130,000 sq m of gross floor area, forming the first phase of a broader collaboration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ALDAR Properties PJSC published the original content used to generate this news brief on September 30, 2026, and is solely responsible for the information contained therein.