Arada Takes 80% Stake in $3.26B Thameside West London Megaproject

LONDON, UK: Arada, one of the UAE’s fastest-growing master developers, has deepened its international expansion strategy with the acquisition of an 80 percent stake in Thameside West, a prime waterfront development in London’s Royal Docks.

The transaction marks a major milestone for the Sharjah-based company as it accelerates its entry into the UK market with a multi-billion-dollar residential pipeline.

A $3.26 Billion London Megaproject

Valued at 12 billion dirhams ($3.26 billion), Thameside West is set to become one of the capital’s most significant regeneration projects. Masterplans call for at least 5,000 new homes, delivering a mix of residential, retail, and leisure components across a strategically located site fronting the River Thames.

Half of the development will be dedicated to green space, including extensive parks and landscaped public areas. The masterplan also features a one-kilometre active waterfront, envisioned as a lively destination connecting residents and visitors to the riverfront through walkways, cycling paths, dining concepts, and recreational zones.

Strengthening a Growing UK Presence

The acquisition marks Arada’s second major investment in London following its purchase of local developer Regal in September. With this deal, Arada’s London development pipeline now includes 15,000 homes across multiple districts of the city.

The company also confirmed its intention to triple this figure to 30,000 units over the next three years, positioning Arada among the most ambitious Middle Eastern developers in the UK residential market.

Strategic Entry into a High-Growth District

Thameside West is located in the Royal Docks, one of London’s largest designated opportunity areas. The district has seen significant interest from global investors due to its extensive regeneration plans, improved transport links, and strategic proximity to Canary Wharf and London City Airport.

Arada’s entry into this district further underscores confidence in the UK capital’s long-term real estate fundamentals and its enduring appeal to international buyers.

A New Phase of Global Expansion

The acquisition aligns with Arada’s broader strategy of diversifying its development portfolio beyond the UAE, where it continues to deliver major master communities including Aljada in Sharjah and Jouri Hills and Azalea in Dubai’s Jumeirah Golf Estates.

By securing a majority stake in one of London’s most transformative regeneration projects, Arada signals its intention to become a long-term player in the UK residential sector.