Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Business

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Dubai records realty transactions worth more than $430m on Monday

Q1 2022 recorded a total of 20,539 sales transactions worth AED 55.51 billion ($15.11 billion).
By TRENDS Desk
March 1, 2022 8:32 am
  • In all, there were 294 sales transactions worth AED666.33 million ($181.44 million) throughout the day
  • According to the data, Dubai also saw mortgage deals that amounted to AED915.77 million ($249.36 million) on Monday

Dubai’s real-estate market on Monday, February 28, recorded a total of 301 transactions of varied types with a total value of AED1.59 billion ($433.22 million), according to data released by the emirate’s Land Department (DLD).

In all, there were 294 sales transactions worth AED666.33 million ($181.44 million) throughout the day, the local data showed.

The day also saw mortgage deals that amounted to AED915.77 million ($249.36 million).

This was in addition to seven gift transactions that were worth AED9.84 million ($2.68 million).

The sales included 265 villas and apartments worth AED556.45 million ($151.52 million).

Besides, 29 land plots worth AED109.88 million ($29.92 million) were also sold.

The mortgages included 74 villas and apartments worth AED153.56 million ($41.81 million).

They also applied to 14 land plots valued at AED762.21 million ($207.55 million).

[adinserter block="5"]

Most Read

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]