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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Dubai records over $571 million in real estate transactions

The DLD report showed that 618 plots were sold for AED 6.19 billion, while 2,410 apartments and villas were purchased for AED 5.63 billion. (WAM)
By Hilal Mir
January 31, 2023 11:06 pm
  • The deals included 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million.
  • The sales included 451 villas and apartments worth AED1.56 billion, and 20 land plots worth AED316.57 million.

Dubai, UAE — Dubai real estate market recorded deals worth AED2.1 billion on Tuesday, Dubai Land Department said.

The deals included 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million, and 14 gift deals amounting to AED130.13 million.

The sales included 451 villas and apartments worth AED1.56 billion, and 20 land plots worth AED316.57 million.

The mortgages included 47 villas and apartments worth AED68.8 million and 23 land plots valued at AED53.56 million.

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