Adam Neumann’s Flow real estate venture makes UAE debut

Adam Neumann is bringing Flow, his post-WeWork residential real estate venture, to the UAE.

The company has obtained a Dubai International Financial Centre license and is negotiating for its first properties in Dubai and Abu Dhabi, with openings planned by early 2027, The National reports.

Flow, founded in 2021 with $350 million from Andreessen Horowitz, represents Neumann’s comeback after WeWork’s failed IPO, his 2019 ouster and the company’s 2023 bankruptcy.

The firm entered Saudi Arabia in 2024 and now says it manages or is developing 8,500 homes in a portfolio valued at $2.5 billion.

Arif Shah, chief executive of Flow UAE, said the team in Dubai will also oversee and support Flow development projects globally, initially across the U.S. and Saudi Arabia, he said.