
UAE-based real estate developer Arada has acquired a 75% stake in UK residential developer Regal in a deal valued at AED2.5 billion ($681 million), marking its entry into the London market. The acquisition represents Arada's second international expansion following its move into Australia in 2024 and provides the company with an immediate platform to operate in one of the world's leading property markets. Regal will be rebranded as Arada London as part of the transaction.
The deal accelerates the delivery of Regal's existing 10,000-unit residential pipeline across 11 projects in London. Arada plans to more than triple this pipeline over the next three years, leveraging Regal's 30-year track record and 150-person team. The UK developer has previously delivered more than 4,000 homes and 1 million square feet of commercial space, with current projects including Fulton & Fifth in Wembley, which comprises 876 homes with 40% designated as affordable housing.
Arada's expansion into London aligns with its strategy of geographic diversification beyond its strong UAE base. Since its founding in 2017, the developer has launched 10 projects in the UAE, including the Aljada megaproject and Armani Beach Residences at Palm Jumeirah. The company's portfolio across the UAE and Australia amounts to over AED95 billion with more than 42,000 units, of which 10,000 have been delivered to date.
The acquisition comes as Gulf investors continue to deploy capital internationally amid strong property markets in their home regions. Arada is owned by Sheikh Sultan bin Ahmed Al Qasimi, deputy ruler of Sharjah, and Prince Khaled bin Alwaleed bin Talal of Saudi Arabia. The investment also coincides with the UK government's push to increase housing supply, though rising construction costs present challenges to delivery targets.

British actor Callum Turner and pop superstar Dua Lipa have captured public attention with their whirlwind romance that began in January 2024 and culminated in an engagement confirmed in June. The couple's relationship timeline includes key public milestones, from being spotted together after the 'Masters of the Air' premiere in London to making their red carpet debut at the 2025 Met Gala. Their journey from initial meeting to engagement has unfolded over approximately 18 months, with both stars navigating demanding careers while building their personal connection.
The couple's first encounter reads like something from a romantic screenplay. Turner, 35, revealed to The Times that they finally met at a mutual friend's birthday party in Los Angeles after experiencing several 'near-misses' where their paths almost crossed but didn't. The most remarkable aspect of their initial meeting occurred when they sat next to each other and discovered they were both reading the same book, Hernán Díaz's 'Trust,' and had both just finished the first chapter. Turner described the moment as cinematic, noting that they realized they were 'on the same page' both literally and figuratively.
Maintaining a relationship between two high-profile careers requires strategic effort, and Turner has shared insights into how they manage the challenges of long-distance dating. The actor emphasized the importance of making time for each other regardless of busy schedules, stating their motto is 'it's never not worth it.' He recounted a recent instance where he flew to Boston for just two days to see Lipa between her tour commitments and his filming schedule, despite feeling exhausted. The couple relies heavily on FaceTime to stay connected and prioritizes creating meaningful memories during their limited time together.
Before their fateful meeting, Turner and Lipa experienced what he describes as multiple 'sliding doors' moments that nearly prevented their connection. The actor detailed one specific instance where Lipa left a party at 1:45 AM and he arrived at 2:00 AM, missing each other by mere minutes. These near-misses spanned several occasions involving mutual friends and shared social circles. Turner expressed gratitude that when they finally did meet under the right circumstances, he immediately recognized Lipa as 'the most beautiful woman in the world,' setting the stage for a relationship that would quickly progress from dating to engagement.