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Aldar hails decision
ABU DHABI — Aldar Properties has welcomed the new Abu Dhabi Executive Council decision, announced yesterday, which specifies initial real estate investment areas where expatriates can invest within the Emirate.
One principal investment area is Aldar’s substantial Al Raha Beach Development — the iconic new shoreline city that will become the future gateway to Abu Dhabi, with over 120,000 inhabitants.
Aldar Chairman Ahmed Ali Al Sayegh said: "Decision No. 23, issued by Shaikh Mohammed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Executive Council, will enable us to sell select local real estate to international as well as national investors.
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