INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Dubai records $417m worth of realty transactions on Monday

Dubai real estate market saw its best performance in a decade in July 2022. (WAM(
  • Dubai saw 403 sales worth AED1.12 billion (around $305 million) and 80 mortgage deals of AED414.07 million ($112.73 million)
  • The emirate also saw 10 gift transactions that amounted to AED18.32 million (almost $5 million) on Monday

The Dubai real-estate market recorded transactions amounting to more than AED1.53 billion ($417.72 million) on Monday, April 11, according to official data from the Dubai Land Department (DLD).

This included 403 sales worth AED1.12 billion (around $305 million) and 80 mortgage deals of AED414.07 million ($112.73 million), the DLD data showed.

There were also 10 gift transactions amounting to AED18.32 million (almost $5 million) on Monday, according to the data.

The sales included 345 villas and apartments worth AED759.06 million ($206.69 million), and 58 land plots worth AED360.89 million (around $98 million).

Meanwhile, the mortgages included those for 71 villas and apartments worth AED210.82 million ($57.41 million) and nine land plots valued at AED203.25 million ($55.34 million).