Aldar has announced its first entry into Sharjah’s property market through the AED 1.1 billion acquisition of nine residential buildings from Arada at Aljada, expanding its real estate presence within the UAE.
October 19, 2026 | Palak Kataria | UAE | Developer | 3 Min Read
Image Courtesy: Arada
Aldar has announced its entry into Sharjah’s real estate market through the AED 1.1 billion acquisition of nine residential buildings from Arada at Aljada, marking an important step in the company’s expansion across the UAE.
The transaction introduces Aldar to Sharjah through an established master-planned community, broadening its geographical exposure within the country’s residential property sector.
The acquisition also reflects the continued importance of institutional investment in the development of the UAE’s residential real estate market.
The agreement covers nine residential buildings within Aljada, one of Sharjah’s major mixed-use developments.
Developed by Arada, Aljada brings together residential properties and a range of planned community facilities within a master-planned urban setting.
For Aldar, the acquisition represents an opportunity to establish a presence in Sharjah through a defined portfolio of residential assets.
The AED 1.1 billion transaction is particularly significant as the company’s first announced market entry into the emirate.
Aldar has built its real estate business around development, investment and asset management activities.
Its entry into Sharjah adds another geographical market to its UAE operations, creating opportunities to participate in the emirate’s evolving residential property landscape.
The acquisition also highlights the role of partnerships and asset transactions in supporting real estate portfolio expansion.
Rather than entering the market solely through a new development launch, Aldar’s announced investment involves acquiring residential buildings from an established developer.
Sharjah’s property market has attracted growing attention from regional and international buyers, supported by expanding development activity and ownership opportunities.
The Aldar–Arada transaction provides another example of investment interest in the emirate’s residential sector.
For Arada, the agreement represents a significant transaction involving assets within its Aljada development.
For Aldar, it creates an entry point into a new market through a substantial residential portfolio.
As the companies progress the acquisition, the transaction marks an important development in Sharjah’s wider property investment landscape.
Source: Aldar and Arada, Zawya
