UAE's Arada Acquires 80% Stake in London's Thameside West Development
UAE real estate developer Arada, backed by Gulf royals, acquires an 80% stake in London's Thameside West development, aiming to deliver 5,000 homes with a total pipeline of 15,000 homes in London.
AradaThameside WestLondonGulf DevelopersReal EstateReal EstateNov 17, 2025
Arada will take an 80% stake in the riverfront development in London's east, which has a gross development value of £2.5 billion ($3.29 billion) and plans to deliver at least 5,000 homes. The first phase of the project is expected to deliver 1,000 homes, with construction expected to begin in 2027.
"Our entry into this market was grounded in our unwavering faith in London and its attractiveness as one of the world's leading capital cities," said Arada Chairman Sultan bin Ahmed Al Qasimi, a member of Sharjah emirate's ruling family. The acquisition aligns with Arada's broader strategy to triple its London residential pipeline to 30,000 properties over the next three years.
Gulf property developers have seen strong growth, driven by rising demand and increased investment as regional oil and gas producers accelerate diversification strategies. Several Gulf developers have launched development arms in Britain through subsidiaries or joint ventures to diversify their operations and tap into the robust UK property market.
Arada's acquisition of Thameside West increases its London development pipeline to 15,000 homes, solidifying its position as a major player in the UK real estate market. The project is expected to create a vibrant, mixed-use community with a focus on sustainable living and high-quality residential and commercial spaces.
Frequently Asked Questions
What is Thameside West?
Thameside West is a mixed-use development in London's east with a gross development value of £2.5 billion, planning to deliver at least 5,000 homes.
Who is Arada?
Arada is a UAE real estate developer backed by Gulf royals, known for its significant projects and international expansion strategy.
What stake is Arada acquiring in Thameside West?
Arada is acquiring an 80% stake in the Thameside West development in London.
When is the construction of the first phase expected to begin?
The first phase of the Thameside West project, expected to deliver 1,000 homes, is set to begin construction in 2027.
What is Arada's broader strategy in London?
Arada's broader strategy is to triple its London residential pipeline to 30,000 properties over the next three years, with Thameside West increasing its current pipeline to 15,000 homes.
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