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Arada enters healthcare sector with majority stake in Reem Hospital

#International News#United Arab Emirates
Last Updated : 12th May, 2026
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Synopsis

UAE-based real estate developer Arada has acquired more than 80% stake in Abu Dhabi’s Reem Hospital as part of a AED 2 billion (USD 545 million) investment aimed at expanding the healthcare provider across the UAE. The move marks Arada’s entry into the healthcare sector as the company looks to diversify beyond real estate and reduce dependence on cyclical property markets. The expansion plan includes increasing the capacity of Reem Hospital’s existing Abu Dhabi facility and developing new hospitals in Dubai and Sharjah, along with a wider network of clinics across the country.

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UAE-based developer Arada has entered the healthcare sector after acquiring a majority stake in Abu Dhabi-headquartered Reem Hospital through an investment valued at AED 2 billion, equivalent to nearly USD 545 million. The transaction gives Arada control of more than 80% of the healthcare business and forms part of the company’s broader diversification strategy beyond real estate.


The stake was acquired from a consortium of investors that included alternative investment firm Investcorp. While financial details of the share purchase were not separately disclosed, the investment will be used to support Reem Hospital’s expansion plans across the UAE.

As part of the planned growth, Reem Hospital’s existing facility located on Abu Dhabi’s Reem Island will see its capacity doubled to 200 beds. In addition, three more hospitals are planned in Abu Dhabi, Dubai and Sharjah. The company also plans to establish a wider network of Reem Clinics across the UAE to strengthen its outpatient and healthcare services footprint.

Arada CEO Ahmed Alkhoshaibi said the healthcare platform is expected to eventually reach close to 800 beds once all planned projects are completed. He also stated that the company wants to build businesses that are not fully dependent on cyclical sectors such as real estate.

Over the past few years, several Gulf-based real estate and investment firms have been expanding into sectors including healthcare, hospitality and asset management as part of efforts to create more stable and recurring income streams. The UAE healthcare sector has continued to attract investment due to rising population, medical tourism growth and increasing demand for private healthcare services.

Founded in 2017, Arada was established by Sheikh Sultan bin Ahmed Al Qasimi, a member of Sharjah’s ruling family, and Prince Khaled bin Alwaleed bin Talal Al Saud, son of Saudi billionaire Prince Alwaleed Bin Talal. The developer currently has operations across the UAE, Australia and the United Kingdom, with projects spanning residential communities and mixed-use developments.
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