UAE-based Aldar, Arada form JV, plan $4bln development pipeline in Abu Dhabi

By Staff WriterUAE master developers Aldar and Arada have entered into a joint venture agreement, unveiling a 15 billion dirhams ($4.08 billion) development pipeline for Abu Dhabi.The initial agreements under the JV comprise a masterplan to develop a mixed-use community at Seih Sdeirah on the Abu D…