{"data":{"id":"a2de1c92-b38c-4998-9ba1-42a6f15a13c7","type":"article","translation_group_id":"a2de1c92-b208-48a7-addd-32fe280bed53","language":"en","content_type":"announcement","title":"Aldar and Arada form AED 15bn strategic partnership in Abu Dhabi","dek":"Seih Sdeirah JV covers up to 1.5 million sqm; Arada buys three Yas residential plots with almost 130,000 sqm of gross floor area.","slug":"aldar-arada-15bn-abu-dhabi-partnership-30-sep-2026","published_at":"2026-09-30T05:52:24+00:00","updated_at":"2026-09-30T08:34:51+00:00","primary_category":{"id":"6","type":"category","key":"real-estate","name":"Real Estate","slug":"real-estate","summary":"Developers, REITs, land deals, and property-cycle stories in the UAE and GCC.","seo_title":"Real Estate News | Capital Wire","meta_description":"Developers, REITs, land deals, sales launches, and property-cycle stories across the UAE and broader GCC real estate markets."},"featured_media":{"id":"a2de1d30-5127-472f-913d-148df408a86e","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/114756355593d04384defc3ef2a74dd1796c846150a03ef62197fad92361723d.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/114756355593d04384defc3ef2a74dd1796c846150a03ef62197fad92361723d-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/114756355593d04384defc3ef2a74dd1796c846150a03ef62197fad92361723d.webp 1200w","width":1200,"height":630,"alt":"Aldar and Arada AED 15bn Abu Dhabi strategic partnership \u2014 Capital Wire","caption":null,"credit":null,"license":"generated","ai_generated":true},"entities":[{"id":"a2d6a680-fd6d-4736-8899-119b6f8ec48f","type":"entity","entity_type":"company","collection":"companies","name":"Aldar Properties PJSC","slug":"aldar-properties-pjsc","ticker":"ALDAR","is_primary":true}],"flags":{"breaking":false,"featured":true,"correction":false},"subtitle":null,"executive_summary":"Aldar Properties PJSC and Arada announced a strategic partnership with a combined value of about AED 15 billion covering major development opportunities on Yas Island and at Seih Sdeirah in Abu Dhabi, according to a company press release filed on the Abu Dhabi Securities Exchange on 30 September 2026. The initial agreements comprise a masterplan joint venture across up to 1.5 million square metres at Seih Sdeirah and Arada\u2019s acquisition of three residential plots from Aldar on Yas Island. The partnership is Arada\u2019s first development presence in Abu Dhabi.","key_points":["Aldar Properties PJSC and Arada announced on 30 September 2026 a strategic partnership with a combined value of about AED 15 billion covering Yas Island and Seih Sdeirah.","The Seih Sdeirah masterplan joint venture covers a mixed-use community across up to 1.5 million square metres on the Abu Dhabi\u2013Dubai border, with Arada leading development and construction management.","Arada is acquiring three residential plots from Aldar Properties on Yas Island with a combined plot area of more than 27,500 square metres and total gross floor area of almost 130,000 square metres.","Jonathan Emery, CEO of Aldar Development, and Ahmed Alkhoshaibi, Group CEO of Arada, signed the agreements, and the parties described Yas Island and Seih Sdeirah as a first phase."],"body":[{"type":"paragraph","text":"ABU DHABI \u2014 Aldar Properties PJSC (ADX: ALDAR) and Arada announced a strategic partnership with a combined value of about AED 15 billion covering major development opportunities on Yas Island and at Seih Sdeirah in Abu Dhabi, according to a company press release filed on the Abu Dhabi Securities Exchange on 30 September 2026."},{"type":"paragraph","text":"The initial agreements comprise a masterplan joint venture to co-develop a large-scale mixed-use community across up to 1.5 million square metres at Seih Sdeirah on the Abu Dhabi\u2013Dubai border, and Arada\u2019s acquisition of three residential development plots from Aldar on Yas Island."},{"type":"paragraph","text":"The partnership marks Arada\u2019s first development presence in Abu Dhabi. At Seih Sdeirah, Arada will lead development and construction management while Aldar and Arada jointly brand and sell the community, envisaged as villas and townhouses with retail and amenities. On Yas Island, the three plots \u2014 including two canal-facing sites \u2014 have a combined plot area of more than 27,500 square metres and total gross floor area of almost 130,000 square metres."},{"type":"paragraph","text":"Jonathan Emery, CEO of Aldar Development, and Ahmed Alkhoshaibi, Group CEO of Arada, signed the agreements in the presence of HRH Prince Khaled bin Alwaleed bin Talal Al Saud, Arada\u2019s Executive Vice Chairman, and Talal Al Dhiyebi, Group CEO of Aldar. The parties described Yas Island and Seih Sdeirah as a first phase and said they intend to explore further collaboration across sectors and geographies in the UAE."}],"seo":{"seo_title":"Aldar and Arada form AED 15bn Abu Dhabi partnership | Capital Wire","meta_description":"Aldar and Arada announced an AED 15bn Abu Dhabi partnership: Seih Sdeirah JV up to 1.5m sqm and three Yas Island residential plots.","og_title":"Aldar and Arada form AED 15bn Abu Dhabi partnership | Capital Wire","og_description":"Aldar and Arada announced an AED 15bn Abu Dhabi partnership: Seih Sdeirah JV up to 1.5m sqm and three Yas Island residential plots.","social_image":{"id":"a2de1d30-5127-472f-913d-148df408a86e","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/114756355593d04384defc3ef2a74dd1796c846150a03ef62197fad92361723d.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/114756355593d04384defc3ef2a74dd1796c846150a03ef62197fad92361723d-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/114756355593d04384defc3ef2a74dd1796c846150a03ef62197fad92361723d.webp 1200w","width":1200,"height":630,"alt":"Aldar and Arada AED 15bn Abu Dhabi strategic partnership \u2014 Capital Wire","caption":null,"credit":null,"license":"generated","ai_generated":true}},"secondary_category":null,"topics":[{"id":"1","type":"topic","key":"adx","name":"ADX","slug":"adx","summary":"Abu Dhabi Securities Exchange listings, filings, index moves, and market-structure developments.","seo_title":"ADX Market News | Capital Wire","meta_description":"Coverage of Abu Dhabi Securities Exchange listings, corporate filings, index moves, and ADX market-structure news for investors."},{"id":"9","type":"topic","key":"real-estate-cycle","name":"Real Estate Cycle","slug":"real-estate-cycle","summary":"Property sales, launches, land deals, and real-estate cycle coverage across UAE and GCC markets.","seo_title":"Real Estate Cycle | Capital Wire","meta_description":"Property sales, project launches, land deals, and real-estate cycle coverage across developers and markets in the UAE and GCC."},{"id":"11","type":"topic","key":"wire-brief","name":"Wire Brief","slug":"wire-brief","summary":"Short Capital Wire briefs on market-moving filings, notices, and overnight developments.","seo_title":"Wire Brief | Capital Wire","meta_description":"Short Capital Wire briefs on market-moving filings, exchange notices, and overnight developments for UAE and GCC readers."}],"tags":[],"gallery":[],"charts":[],"byline":{"mode":"desk","schema_type":"Organization","name":"Capital Wire","author":null},"citations":[{"id":"a2de1c92-b499-4990-b256-8383c5bdf9b0","url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5552962","publisher":"apigateway.adx.ae","title":"ADX \u2014 Aldar\u2013Arada partnership press release (EN)","source_published_at":null,"claim":null},{"id":"a2de1c92-b4c4-4a80-9f70-4a10e14c8d60","url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5553241","publisher":"apigateway.adx.ae","title":"ADX \u2014 Aldar\u2013Arada partnership press release (AR)","source_published_at":null,"claim":null}],"sources":[{"url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5552962","source_id":null,"label":"ADX \u2014 Aldar\u2013Arada partnership press release (EN)","publisher":"apigateway.adx.ae"},{"url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5553241","source_id":null,"label":"ADX \u2014 Aldar\u2013Arada partnership press release (AR)","publisher":"apigateway.adx.ae"}],"corrections":[],"translations":[{"language":"ar","slug":"aldar-arada-15bn-abu-dhabi-partnership-30-sep-2026","published_at":"2026-09-30T05:52:24+00:00","is_current":false},{"language":"en","slug":"aldar-arada-15bn-abu-dhabi-partnership-30-sep-2026","published_at":"2026-09-30T05:52:24+00:00","is_current":true}],"schema_type":"NewsArticle"},"meta":{"request_id":"17ac868e-d672-4a02-820e-3e89aacb52b0","locale":"en"},"errors":[]}