Arada to acquire majority stake in £2.5bn Thameside West development, unlocking one of London’s largest and most connected new waterfront neighbourhoods

default

Arada, the UAE’s fastest-growing master developer, announces that it has agreed the acquisition of an 80% stake in Thameside West, a landmark waterfront mixed-use development located at the western end of London’s Royal Docks.

Master-planned by Foster + Partners, the vibrant new urban destination will deliver at least 5,000 homes, with half of the site dedicated to green space and a kilometre of active waterfront. Boasting unrivalled transport links, the integration of air, road, rail, river and tunnel links makes this one of the most connected sites in London.

Spread over a 47-acre area – twice the size of the Hudson Yards mixed-use development in New York – Thameside West represents one of Europe’s largest and most strategically important regeneration opportunities, with a Gross Development Value (GDV) of £2.5 billion. It occupies central London’s longest stretch of undeveloped riverfront, with views across Canary Wharf and Greenwich Peninsula. Already awarded consent, Thameside West will see 1,000 homes delivered in the first stage of the project, with construction set to begin in 2027.

The acquisition from private developer Keystone represents Arada’s second large-scale investment in the London residential market in the space of less than two months, following its purchase of local developer Regal in September.

Arada will work alongside the London Borough of Newham, Greater London Authority and Transport for London to transform this former industrial site into a vibrant, new neighbourhood. Keystone’s vision and sustained commitment have been instrumental in progressing Thameside West to this stage, laying the foundations for one of London’s most ambitious masterplans. GLA Land and Property Limited (“GLAP”), as the other major landowner, will work closely with Arada to unlock this significant project.

Thameside West is one of the most well-connected sites in London and benefits from the recently completed Silvertown Tunnel, Custom House station (Elizabeth, Jubilee and Docklands Light Railway (DLR) lines), City Airport, and the IFS Cable Car. The site also connects the Lea Valley Regeneration Area and the wider Royal Docks, and Arada aims to additionally deliver a new DLR station, in partnership with Transport for London.

His Highness Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada, said:

“Our entry into this market was grounded in our unwavering faith in London and its attractiveness as one of the world’s leading capital cities.  At the time of the Regal acquisition, we articulated our ambition to scale our London residential pipeline to 30,000 units over the next three years, and we have swiftly delivered on growing that pipeline. Thameside West represents a unique opportunity to create a landmark riverside development, and we look forward to working with our partners and utilising our long-standing track record in large-scale, amenity rich residential schemes to unlock the delivery of new housing for London.”

Tom Copley, Deputy Mayor for Housing and Residential Development said:

“I am delighted that Arada is investing in London to transform Thameside West – one of the key sites within the Royal Docks. This really is a fantastic example of how we can unlock London’s potential to deliver the homes our city so urgently needs.

“Working together we will be able to deliver at least 5,000 new homes, 35 per cent of which will be affordable as part of a thriving new neighbourhood in the heart of this historic part of East London.

“This is a landmark moment as we continue to push ahead with our plans to return the Royal Docks to its former glory and create a better, fairer, greener London for everyone.” 

Lord Norman Foster of Thamesbank, Founder and Executive Chairman of Foster + Partners, said:

“Thameside West is a place where architecture, nature and infrastructure come together in balance. The stepped design ensures exceptional views from every building, while the integration of air, road, rail, river and tunnel links makes this one of the most connected sites in London. Half the master plan is dedicated to green space, including more than a thousand trees and a kilometre of active waterfront, creating a setting that is both restorative and dynamic. Our goal is to build a truly inclusive community – one that brings opportunity, sustainability and vitality to the heart of London.”

Giorgio L. Laurenti, Chairman of Keystone, said:

“One of the most significant development opportunities in Greater London, Thameside West is a transformational destination designed to deliver thousands of new homes while generating substantial economic and social value for the wider community. With Arada, we have found an ideal and trusted partner, with tried-and-tested experience in large-scale urban mixed-use districts, to work with as we move closer to bringing this landmark project to life.”

The acquisition of Thameside West increases Arada’s London development pipeline to 15,000 homes, supporting its ambition to triple this to 30,000 units over the next three years, building on a 30-year track record in the capital’s real estate market.

Available properties

The Clarendon Penthouse View Property
3 Bedroom apartment

The Clarendon

Exquisite three bedroom penthouses with breathtaking skyline views and impeccable design.

Each residence offers the ultimate in sophistication and comfort. Enjoy access to a range of state of the art facilities, including a gymnasium, cinema, and club lounge, as well as two private sky gardens for relaxation and entertainment.

From £850,000 1102 sqft Sold Out
View Property
The Clarendon 2 Bedroom Apartment View Property
2 Bedroom apartment

The Clarendon

Spacious two bedroom apartments offering impeccable design and premium finishes throughout.

With state of the art amenities, including a gymnasium, cinema, and club lounge, as well as two private sky gardens offering stunning views of the city skyline, residents can indulge in luxurious living and comfortable relaxation.

From £600,000 839 sqft Sold Out
View Property
The Clarendon 1BR 920 x 700 (1) View Property
1 Bedroom apartment

The Clarendon

One bedroom apartments that offer a luxurious lifestyle close to the city and country.

With stunning skyline views and premium interiors, each residence offers a perfect blend of style and functionality. Enjoy access to state of the art facilities, including a gymnasium, cinema, and club lounge, along with two breathtaking sky gardens for private relaxation.

From £400,000 573 sqft Sold Out
View Property
The Clarendon Studio View Property
Studio

The Clarendon

Studio apartments offering modern living at The Clarendon.

With impeccable design and state-of-the-art amenities, the studios are ideal for young professionals, students, and individuals seeking affordable living spaces close to London. Each studio features high-end finishes and a playful colour palette, providing a stylish and comfortable space to call home.

From £300,000 404 sqft Sold Out
View Property
View Property
3 Bedroom apartment

Fulton & Fifth

Three bedroom apartments that offer expansive living spaces, flooded with natural light and offering panoramic views of Wembley Park.

Entertain with ease in fully fitted kitchens featuring stone worktops and integrated appliances, and retreat. The bathrooms exude elegance with their satin brass fixtures and ceramic blue tiles, providing a tranquil retreat for relaxation.

From £810,000 950 sqft Available
View Property
View Property
2 Bedroom apartment

Fulton & Fifth

Two bedroom apartments designed for modern living with each home offering spacious, open-plan living areas flooded with natural light and breathtaking views.

Fully fitted kitchens with stone worktops and integrated appliances overlook the bright and airy living spaces, while the bedrooms provide a tranquil sanctuary for rest and rejuvenation. Its elegant bathrooms feature clean lines, satin brass fixtures, and luxurious porcelain tiles.

From £585,000 740 sqft Available
View Property
View Property
1 Bedroom apartment

Fulton & Fifth

One bedroom apartments designed to maximise comfort and convenience.

Featuring quality fittings and finishes, ample natural light, and stunning views across Wembley Park and beyond, these apartments have spacious, open-plan living areas ideal for entertaining or unwinding. Kitchens are fully fitted kitchens with stone worktops and integrated appliances. Bedrooms include fully integrated wardrobes for ample storage and a serene ambience.

From £455,000 587 sqft Available
View Property
The Laundry View Property
3 Bedroom apartment

The Laundry

Spacious and stylish three bedroom apartments with interiors that reflect the vibrant spirit of London Fields.

Enjoy ample natural light and stunning views from your private balcony, while on-site amenities such as a concierge service ensure convenience and luxury at every turn. Experience an urban oasis amidst the hustle and bustle of city life.

1071 sqft Sold Out
View Property
The Haydon Windsor Penthouse View Property
3 Bedroom apartment

The Haydon

Exquisite three bedroom apartments with awe-inspiring vistas and premium design, featuring natural stone and marble finishes, oak flooring, and the finest appliances and fittings.

Enjoy the ultimate urban living experience with access to a range of amenities, including a modern gym, spa pool, private cinema, and beautifully maintained gardens.

1343 sqft Available
View Property
The Haydon 2 BR Living Room View Property
2 Bedroom apartment

The Haydon

Sophisticated living in meticulously designed two-bedroom apartments at The Haydon.

With spacious and immaculately finished interiors, these homes offer the perfect balance of style and functionality. Enjoy access to a modern gym, spa pool, yoga room, fitness studio, private cinema, and outdoor terrace, providing opportunities for both relaxation and recreation.

877 sqft Sold Out
View Property
The Haydon 1BR Living Area View Property
1 Bedroom apartment

The Haydon

Enjoy boutique city living in elegantly proportioned one bedroom apartments at The Haydon.

With impeccable attention to detail and stylish finishes throughout, each residence offers a unique blend of comfort and sophistication. Relax in the tranquil oasis of your own home, surrounded by landscaped gardens and an extensive residents’ terrace.

579 sqft Sold Out
View Property
The Haydon Studio View Property
Studio

The Haydon

Individually crafted studio apartments for chic, city living.

Each apartment is a masterpiece of design, featuring natural stone and marble finishes, oak flooring, and the finest appliances. Enjoy proximity to the city while relaxing in your stylish urban retreat.

From £750,000 405 sqft Available
View Property
The Laundry 2BR Living Room View Property
2 Bedroom apartment

The Laundry

Two bedroom apartments efficiently designed to maximise the views, with many overlooking the City, Canary Wharf or London Fields.

Apartments are fitted with a top of the range, stylish Shaker-style kitchen, making cooking a pleasure. En suites and bathrooms are stylishly decorated and thoughtfully designed, whereas the finest fittings create an environment free of clutter while achieving a contemporary, yet luxurious aesthetic.

924 sq. ft Sold Out
View Property
The Laundry View Property
1 Bedroom apartment

The Laundry

One bedroom apartments with clean lines and confident colours that reflect the stylish and independent spirit of London Fields.

Enjoy the convenience of a south or west-facing balcony, perfect for soaking in remarkable views. Living, dining, and kitchen spaces are designed with a keen attention to detail, combining the finest materials to create spaces that are not only functional, but truly a joy to spend time in.

607 sq. ft Sold Out
View Property

Related Articles

Arada London hands over 294 affordable homes to Brent Housing

Equal to 40% of the total development, the homes were sold under the Council’s £85 million agreement made in 2023.

Read more

Arada continues rapid London expansion with acquisition of Salvation Army HQ in Southwark

Arada has exchanged contracts to acquire 99-101 Newington Causeway, London SE1 6BN.

Read more

Canada Life to move into The Clarendon Works, Watford

Canada Life has signed for 15,265 sq ft at The Clarendon Works – the landmark workplace that opened in Watford earlier this year.

Read more

Through

Our Lens