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Some tickets were relisted on resale sites for as much as Dh38,581
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National Bonds to invest Dh500m in The Lagoons
DUBAI — National Bonds, the national savings scheme of the UAE, is to invest Dh500 million in 'The Lagoons', a waterfront city being developed adjacent to Dubai's Ras Al Khor Wildlife Sanctuary by Sama Dubai, the international real estate investment and development arm of Dubai Holding.
National Bonds' investment in 'The Lagoons' is the private company's first foray into the UAE's real estate market. The investment will be funded by capital leveraged from the National Bonds scheme, in line with the company's policy of using funds for the benefit and development of the region.
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