Pearl Dubai buys US$27m private island
The National - Abu Dhabi, United Arab Emirates
Residents of Dubai Pearl will now be a boat trip away from their own private beach after the developer, Pearl Dubai, bought an island at Nakheel's The World development.
The company paid US$27.2 million (Dh100m) for Archangel, a 1.6 million square foot island close to Siberia and is located in the north of the 300-island development. Pearl Dubai will spend another Dh800m building on it. ...
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