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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 realty market records realty deals worth $435m Tuesday

The DLD report showed that 323 plots were sold for AED 3.33 billion, while 2,237 apartments and villas were purchased for AED 5.37 billion. (WAM)
By TRENDS Desk
September 20, 2022 8:11 pm
  • These included 439 sales transactions worth AED1.25 billion, in addition to 66 mortgage deals of AED240.64 million, and 72 gift deals amounting to AED175.81 million.
  • On Monday the market recorded 392 sales transactions worth AED900.8 million, in addition to 84 mortgage deals of AED741.14 million.

Dubai, UAE— Dubai real estate market recorded realty deals worth AED 1.6 billion ($435 million) on Tuesday, according to Dubai Land Deparment.

These included 439 sales transactions worth AED1.25 billion, in addition to 66 mortgage deals of AED240.64 million, and 72 gift deals amounting to AED175.81 million.

The sales included 357 villas and apartments worth AED758.25 million, and 82 land plots worth AED494.64 million, while mortgages included 55 villas and apartments worth AED231.44 million and 11 land plots valued at AED9.19 million.

On Monday the market recorded 392 sales transactions worth AED900.8 million, in addition to 84 mortgage deals of AED741.14 million, and 15 gift deals amounting to AED37.6 million on Monday, data released by Dubai’s Land Department (DLD) showed.

The sales included 341 villas and apartments worth AED700.84 million, and 51 land plots worth AED199.97 million, while mortgages included 61 villas and apartments worth AED364.82 million and 23 land plots valued at AED376.32 million, bringing the total realty transactions of today to over AED1.6 billion.

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