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Business

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Real estate transactions worth $390m recorded Tuesday in Dubai

The mortgages included 81 villas, apartments and 26 land plots. (WAM)
By TRENDS Desk
November 15, 2022 10:52 pm
  • The transactions included 553 sales transactions worth AED1.43 billion, 107 mortgage deals valued at  AED387.11 million and 12 gift deals amounting to AED43.73 million.
  • The sales included 508 villas and apartments worth AED1.09 billion and 45 land plots worth AED341.04 million.

Dubai, UAE — Dubai real estate market recorded transactions worth AED1.8 billion ($490 million) on Tuesday, Dubai Land Department said.

The transactions included 553 sales transactions worth AED1.43 billion, 107 mortgage deals valued at  AED387.11 million and 12 gift deals amounting to AED43.73 million.

The sales included 508 villas and apartments worth AED1.09 billion, and 45 land plots worth AED341.04 million.

Mortgages included 81 villas and apartments worth AED331.43 million and 26 land plots valued at AED55.68 million.

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