Arada signals further expansion into high-end Dubai property market with AED600 million Zabeel 2 plot purchase from Rital Properties, the real estate arm of Emirates NBD Properties
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Arada has purchased a prime land plot in Zabeel 2 adjacent to Dubai International Financial Centre (DIFC), marking yet another significant expansion milestone for the master developer into the high-end Dubai property market. Valued at AED600 million, the plot was purchased from Rital Properties, the real estate subsidiary of Emirates NBD.
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From left: Abdulla Qassem and HRH Prince Khaled bin Alwaleed bin Talal