UAE's Aldar Properties buys beach property in Ras Al Khaimah
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Published date: 2024/09/29
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DUBAI, April 1 (Reuters) - Abu Dhabi's Aldar Properties , through its investment arm, has acquired the "Rixos Bab Al Bahr" beach property in the emirate of Ras Al Khaimah for 770 million dirham ($210 million), it said on Friday. The acquisition will bring its total investment in Ras Al Khaimah to 1.5 billion dirhams, including the earlier acquisition of Al Hamra Mall and additional development rights at both properties. As part of the latest transaction, Aldar's investment arm has secured development rights for an additional 250,000 square feet of gross floor area for residential and commercial use, it said If you liked this post and you would such as to receive more info pertaining to หวยออนไลน์ kindly go to our own website. .
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