The company was established in 2017 with a clear vision aimed at developing attractive residential compounds that enrich the lives of its residents, inspire them and give them a sense of belonging to it.
The newest company in the field of real estate development at the state level arose as a joint venture that derives its strength and experience from the combined efforts of two of the most important companies in this field, namely Basma Group, headed by His Excellency Sheikh Sultan bin Ahmed Al Qasimi, and KBW Investments Group, founded by His Royal Highness Prince Khalid bin Alwaleed bin Talal Al Saud.
Arada seeks to advance economic growth and contribute to the rapid development that Sharjah is witnessing in line with the government’s efforts to improve the lives of all without exception.
About Basma Al Sharjah Group:
Basma Group was established in 2005 in the Emirate of Sharjah. The group works in the field of investment in economic projects, and has succeeded in concluding a set of strategic partnerships and has contributions in various sectors, including commercial real estate, agricultural and environmental services. The group is actively seeking to introduce new concepts that will allow it to grow and lead in the field of development and contribute to new projects. Basma Group is the master developer of Al Tilal City, Sharjah’s latest urban development project.
About KBW Investments:
KBW Investments, which was founded and chaired by His Royal Highness Prince Khalid bin Al Waleed bin Talal Al Saud, operates across a number of sectors including engineering, architecture, construction, financial, advisory and development. The group’s integrated operations constitute the strengths that have crystallized in the investment brand and the real estate field through the establishment of Arada Development, which works to ensure the quality of construction and delivery on time.