Earlier in the year, Aldar Properties bought an existing resort in Ras Al Khaimah, as well as additional land. The combined deal – valued at Dh810 million – meant the addition of the DoubleTree by Hilton Resort and Spa Marjan Island becoming part of the Abu Dhabi master-developer’s hospitality portfolio. It was the second big deal for Aldar in RAK, having earlier bought the Al Hamra Mall for Dh400 million.
As for ADNH, this…