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UAE's Aldar acquires massive plot in Saadiyat Island valued at $1bln

UAE-based real estate development and investment company Aldar has acquired a 6.2 million square metre plot on the eastern side of Saadiyat Island for 3.68 billion dirhams ( $1 billion). The Abu Dhabi developer notified the stock exchange that the proposed development, will be home to over 15,000 people and…

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