Abu Dhabi’s Aldar raises $300mln at it sells out Yas Island project

UAE real estate developer Aldar Properties raised 1.1 billion UAE dirhams ($300 million) in sales as it sold out its latest Yas Island project, Yas Park Gate. The new community development, which features town homes and standalone villas, attracted buyers from the UAE and overseas, Aldar said in a statement on Monday.