UAE master developer Arada Group has unveiled plans for a AED5 billion twin-tower residential project following the acquisition of a prime development site in Broadbeach on the Gold Coast in Australia’s Queensland.
The move marks the group's first expansion outside New South Wales, its most significant commitment to date in the Australian market and the next step in its ambition to build a diversified, multi-city presence across the country.
Arada’s Queensland debut will deliver close to 1,000 homes, with construction to be carried out by Roberts Co, Arada's tier-one construction subsidiary, underlining the group's vertically integrated approach to development and delivery.
The project is targeted for completion ahead of the 2032 Olympic and Paralympic Games, a milestone that is expected to drive sustained demand for high-quality residential property across South East Queensland in the years ahead.
The scheme designed by Plus Studio will comprise 952 residences ranging from one to three bedrooms across two towers connected by a landscaped podium.
Residents will have access to an exceptional range of amenities designed around contemporary lifestyle and wellness — including a lagoon pool, lap pool, gym, sauna, steam room, mist room, infrared room and salt scrub facilities, alongside communal terraces, private dining, a library, lounge, work-from-home spaces, and approximately 1,200 sq m of curated ground floor retail and hospitality tenancies.
The Broadbeach site is one of the most strategically positioned development opportunities on the Gold Coast. Directly opposite the Gold Coast Convention Centre, the development combines beachfront living with established dining, retail, entertainment and transport infrastructure. The site benefits from immediate access to the light rail and sits within walking distance to The Star Gold Coast and the Pacific Fair Shopping Centre.
Group CEO Ahmed Alkhoshaibi said: “Broadbeach is a world-class address that gives us the canvas to create a community of exceptional design and lifestyle quality that genuinely enriches the daily lives of the people who call it home. This is our first development outside New South Wales, and it reflects our growing ambition to grow in key urban markets around the country. Delivering this project through Roberts Co, our own tier-one construction business, means we can bring the quality, pace and accountability that our buyers expect.”