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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.

Dubai records over $544 million in realty transactions

By Hilal Mir
February 17, 2023 2:52 pm
  • The deals included 475 sales transactions worth AED1.38 billion.
  • The sales included 412 villas and apartments worth AED1.06 billion.

Dubai, UAE– Dubai real estate market has recorded deals worth AED2 billion ($544 million) on Thursday, according to Dubai Land Department.

The deals included 475 sales transactions worth AED1.38 billion, in addition to 101 mortgage deals of AED491.51 million, and 56 gift deals amounting to AED141.96 million on Thursday.

The sales included 412 villas and apartments worth AED1.06 billion, and 63 land plots worth AED325.15 million. The mortgages included 86 villas and apartments worth AED436.34 million and 15 land plots valued at AED55.18 million.

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INSEAD Day 4- 300x600
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