Arada enters Saudi Arabia with an AED 14 billion villa community in Riyadh

The project is the first for Arada KSA, a new company formed with Saudi property investor Xtopia, whose chairman Mohammed AlDhabaan chairs the new venture. It is modelled on Arada's Masaar forest community in Sharjah.

Arada KSA, Al Rimal, Riyadh
Value	AED 14bn ($3.8bn)
Homes	3,500 villas and townhouses
Site	about 2.5 million sq m
Prices	SAR 1,000 to 1,400 per sq ft
Construction	from mid-2027, about five years

Arada, as reported by The National on 20 October 2026.

The community will have a school, shops, a community centre, sports facilities and green spaces. It is funded mainly through a Capital Market Authority-regulated structure managed by Al Rajhi Capital, with some equity from Arada.

Arada KSA holds about 10 million sq m of land across Riyadh, Jeddah and Makkah, valued at AED 49 billion. The group's pipeline stands at AED 185 billion and more than 70,000 homes across the UAE, Saudi Arabia, the UK, Australia and Syria, and it has completed 17,000 homes so far.

"We have a good pipeline coming, and we will probably announce another project by the end of the year," said Ahmed Alkhoshaibi, Arada's group chief executive.

Arada keeps building at home. The Saudi venture runs alongside its UAE communities, including Aljada and Masaar in Sharjah, where Aldar has just agreed an AED 1.1 billion purchase of nine buildings.

See what Arada is selling now on the Arada developer page.