UAE real estate group Arada has acquired a 75% stake in British developer Regal for 2.5 billion dirhams ($681 million), marking its second overseas expansion after launching operations in Australia last year. The deal includes Regal’s pipeline of 10,000 homes across 11 projects, which will now operate under the name Arada London.
Chairman Sheikh Sultan bin Ahmed Al Qasimi said the move reflects rising demand for residential space in London, one of the world’s leading property markets. CEO Ahmed Alkhoshaibi added that more than half of Arada’s investment will go toward tripling Regal’s pipeline within three years, describing the timing as an opportunity to buy into London while the market remains under pressure.
Gulf developers including Damac, Aldar, and Modon have also expanded into the UK as part of wider diversification strategies, with acquisitions seen as a faster route to growth than building from scratch. Founded in 2017, Arada now oversees projects valued above 95 billion dirhams across the UAE and Australia, with Saudi Arabia eyed as its next market by mid-2026.
Source: Reuters
