Aldar unveils $40bn Yas island scheme
Local developer Aldar Properties has unveiled Abu Dhabi's biggest real estate project to date. The AED 147,000 million ($40,000 million) Yas island development will be built on a natural island to the northeast of Aldar's Al-Raha Beach development (see above) and features a Ferrari theme park, a motorsports race track and three golf courses. Other attractions on the 25-square-kilometre island include a water park, a shopping centre, hotels, two marinas, polo clubs and residential buildings.
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