On the second day of ADFW, His Royal Highness Prince Khaled Talal Al-Saud discussed Arada’s upcoming ventures in KSA and London amidst a property downturn.
Arada is one of the UAE’s fastest growing property developers based out of Dubai. HRH Prince Khaled bin Talal is the Vice Chairman whilst HH Sheikh Sultan Al Qasimi is the Chairman.
Saudi Developments
The Saudi-born real estate tycoon discussed Arada’s operations in neighbouring KSA.
H.R.H struck a sarcastic tone on the Saudi real estate market. Saudi real estate developers continue to mass produce “cookie-cutter models” of property in the Kingdom whilst Emirati developers – namely Arada, DAMAC, and Binghatti – are cultivating a varied selective approach to consumer needs in the Emirates.
Local developers, “god bless them,” are insufficient for locals he said.
His comments on Saudi’s real estate market come as KSA reprioritises real estate and logistics in KSA’s 2026 budget. It comes as unfeasible megaprojects and oil-revenue dependency stifles Vision 2030’s original blueprint.
Despite this, His Highness hinted at the finalisation of new partnerships in KSA across Q1 with five to six potential deals in the making.
He declined to elaborate on those partners, as KSA is a huge market and negotiations are ongoing, but it is “there for the taking,” he said.
Changing Dynamics, Better Returns: London’s Property Market
In London, H.R.H remained upbeat on the real estate opportunities for Arada.
There is “over-regulation, there are high interest rates… but at the end of the day, when everyone is leaving, this is an opportunity – for people like us at least – there is a beautiful opportunity there,” he told a packed audience at ADFW.
There are huge housing prices; there is no constraint in housing, he said. We look at these fundamentals, and we see these as attractive. We see a huge downturn in London, but I see an opportunity there… for at least the next 10-15 years in London.”
Arada’s Global Ambitions
Arada has centralised procurement and therefore we have tens of billions of values that we will release to the market in Sharjah, Abu Dhabi, KSA, London, and Sydney soon.
Our global reach, across a network of investors, supports cross-capital flows in these markets.
HRH’s comments suggest a growing presence in local markets, specifically KSA, whilst sparking an opportunistic tone on London’s downturn for Arada.
Stay Up to Date with the Latest Financial Insights at FinanceME!
“Water Runs Down the Hill”: ADFW CEOs Predict Unstoppable Blockchain Shift
Inside the 2025 Wealth Shift: New Billionaires, New Power Shifts
Dar Global Announces MAD Investment in Oman’s Coastal Districts
