Minister slams ‘flawed’ valuation of Rasmale’

1 day ago

The current value of land in Hulhumale’ is based on over two decades of public investment, says Housing Minister Dr. Abdulla Muthalib, adding that applying the price to calculate the value of the newly reclaimed Rasmale’ which has no bridge, no services and no economic activity is “flawed.” On September 21, Abu Dhabi-based real estate giant Eagle Hills signed a commercial